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Nissan, Ghosn, Kelly indicted over under-reported pay

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Nissan, Ghosn, Kelly indicted over under-reported pay

Prosecutors in Tokyo have indicted Carlos Ghosn, Greg Kelly and Nissan for under-reporting Ghosn's pay in official filings. According to NHK and other Japanese news outlets, prosecutors allege Ghosn's compensation package was understated by up to ¥5 billion ($60 million) over the five-year period ending in the 2014 Japanese financial year...

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Nissan GT-R50 confirmed for production
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Nissan GT-R50 confirmed for production

The Nissan GT-R50 has been confirmed for a limited production run of just 50 cars. Designed by ItalDesign in Turin, the GT-R50 serves to celebrate the 50th birthday of the both design house, founded in 1968, and the GT-R nameplate, which went into production with the 1969 Skyline GT-R sedan...


Ghosn may have hidden $95 million in pay from Nissan - reports
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Ghosn may have hidden $95 million in pay from Nissan - reports

When Carlos Ghosn was arrested a few weeks ago, he was accused by Nissan of under-reporting his income in official stock exchange filings. Now details are beginning to emerge of just how he managed it. Various reports have suggested Ghosn hid between ¥5 and ¥9.5 billion ($60 to $110 million), with Bloomberg estimating a figure around $95 million...


2018 Nissan Juke Nismo RS review
Rating: 6.510 /10
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2018 Nissan Juke Nismo RS review

The Nissan Juke Nismo RS is a pocket rocket crossover with some points of difference. But it's also not very good.

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$37,790

R33, R34 Skyline GT-R join Nismo Heritage parts program
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R33, R34 Skyline GT-R join Nismo Heritage parts program

Nissan has added the R33 and R34 Skyline GT-R to its Nismo Heritage parts program, joining the R32 as classic vehicles supported with a catalogue of factory parts. The company launched the program last year, developing a catalogue of 80 parts for the iconic R32 Skyline GT-R. Various exterior, powertrain, electrical and mechanical replacement parts for the R33 and R34 are now available through Nismo...


Nissan Leaf Nismo RC: Electric racer revealed
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Nissan Leaf Nismo RC: Electric racer revealed

[caption id="attachment_708569" align="alignnone" width="4547"] Nissan has unveiled the Leaf Nismo RC race car, a showcase of what its latest electric technology could do when let-loose on a track. [/caption] Set to debut at the Fuji International Speedway alongside Nissan's Formula E racer as part of the annual Nismo Festival, the Leaf Nismo RC uses the same high-capacity lithium-ion battery and inverters as the regular Leaf...


Renault, Nissan, Mitsubishi CEOs to share top job at Alliance
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Renault, Nissan, Mitsubishi CEOs to share top job at Alliance

The chiefs of the Renault, Nissan and Mitsubishi have agreed to share the role of CEO of the Alliance. Hiroto Saikawa, CEO of Nissan, told Bloomberg and other news outlets after a meeting of the Alliance's board in Amsterdam: “We were able to confirm that the three of us would take the lead, which was excellent"...


2019 Nissan Murano revealed in Los Angeles
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2019 Nissan Murano revealed in Los Angeles

Nissan North America has debuted the updated 2019 Murano at the Los Angeles motor show this week, alongside the updated Maxima sedan. Like its sedan-bodied stablemate, the new Murano gets a range of cosmetic, technology and trim upgrades to give it a more upmarket look and feel, along with the wider availability of Nissan's Safety Shield 360 driver assistance technologies...


2019 Nissan Maxima unveiled
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2019 Nissan Maxima unveiled

Nissan has revealed the refreshed 2019 Maxima at the Los Angeles motor show this week, headlined by an updated design inside and out, along with the availability of the company's Safety Shield 360 tech suite. As revealed in the single frontal image a few weeks ago, the updated Maxima gets new jewel-like LED headlights and a revised LED daytime-running light signature, a deeper version of the V-motion front grille, revised tail-lights, and new bumpers...


2018 Nissan Kicks review
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2018 Nissan Kicks review

The 2018 Nissan Kicks compact SUV is one of the company's best recent efforts, showing that inexpensive doesn't necessarily mean cut-rate.


Renault-Nissan leaders to meet over Ghosn's ousting - report
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Renault-Nissan leaders to meet over Ghosn's ousting - report

Renault and Nissan will meet to ward off the potential of a power struggle within their alliance, following last week's sensational arrest of chairman and CEO, Carlos Ghosn. The executive, who until last week was one of the highest paid, most respected figures in the automotive world, is accused of under-reporting his income on the Japanese stock exchange, and misusing company funds to the tune of AU$62 million...


Nissan initiates Takata recall for older models
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Nissan initiates Takata recall for older models

Nissan Australia has commenced its recall for various older-generation models fitted with Takata airbag inflators, in this case those fitted with 'like-for-like' replacement units. A total of 86,503 units across five model lines are affected by this notice, which includes the Navara, Maxima, Pulsar, X-Trail and Patrol built from 2001 through to 2008...


Nissan removes Carlos Ghosn as chairman
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Nissan removes Carlos Ghosn as chairman

Nissan has confirmed Carlos Ghosn has been removed by the board as company chairman. Ghosn and his co-accused, Greg Kelly, have also been removed as representative directors. We understand, however, both men remain on the company's board as directors, as they can only be forcibly removed at a shareholder meeting...


Ghosn was planning Renault Nissan merger before arrest - report
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Ghosn was planning Renault Nissan merger before arrest - report

Prior to his sensational arrest earlier this week, Carlos Ghosn was reportedly working on a merger between Renault and Nissan. Sources close to Nissan's board have told the Financial Times Ghosn was attempting to engineer a merger in order to make the partnership between the two companies "irreversible"...


Nissan money secretly used to buy houses for former CEO - report
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Nissan money secretly used to buy houses for former CEO - report

Reports from Japan indicate Carlos Ghosn, current chairman of Nissan and its former CEO, was arrested on-board his private jet. Sources have told NHK funds from Nissan and its affiliates were used to purchase and renovate luxury homes for Ghosn's personal use in Paris, Amsterdam, Rio de Janeiro, and Beirut...


Nissan Navara AT32 and Terra ‘on the cards' for Australia
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Nissan Navara AT32 and Terra ‘on the cards' for Australia

As you will have seen from our recent Moroccan adventures, CarAdvice spent some time sampling Nissan’s four-wheel drive portfolio on-road and off, tackling one section of the vast Sahara Desert. While we’re obviously familiar with Y62 Patrol, and we’ve spent time with the Titan before, two vehicles stood out as potential success stories if Nissan Australia can secure them...


Nissan CEO denies 'coup d'etat' against Ghosn, talks about his 'negative impact'
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Nissan CEO denies 'coup d'etat' against Ghosn, talks about his 'negative impact'

During an extraordinary hour-and-a-half long press conference, Hiroto Saikawa, CEO of Nissan, talked candidly as he could about the events leading to Carlos Ghosn's arrest, and his influence on the company. In a spartan room, notable for the complete lack of Nissan branding, Saikawa read from notes for over 20 minutes, repeatedly stating the danger of concentrating too much power in one individual and referencing Ghosn's "long regime"...


Carlos Ghosn arrested, guilty of 'serious misconduct', Nissan says - UPDATED
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Carlos Ghosn arrested, guilty of 'serious misconduct', Nissan says - UPDATED

UPDATE, 3am Tuesday November 20, 2018: Hiroto Saikawa, CEO of Nissan, has held a press conference in Tokyo giving out some details about arrest of and the allegations of wrongdoing against Carlos Ghosn. According to Automotive News, Saikawa confirmed Carlos Ghosn, chairman of Nissan and CEO of Renault, as well as Greg Kelly, a Nissan board member, have been taken into custody by Japanese authorities...


Mitsubishi to lead Alliance dual-cab development? Not so fast, says Nissan
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Mitsubishi to lead Alliance dual-cab development? Not so fast, says Nissan

Mitsubishi recently claimed – somewhat boldly – it would lead dual-cab development for the next generation of vehicles under its alliance. According to a senior figure inside the Nissan camp, that leadership role mightn't be as clear cut...


Mitsubishi to lead Alliance PHEV development
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Mitsubishi to lead Alliance PHEV development

Progress hasn’t come as fast as once expected, but Mitsubishi Motors now has more solid and tenable plans to both improve the pure electric range of its plug-in hybrid system, and add the technology to models beyond the Outlander...