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Nissan CEO Hiroto Saikawa resigns, successor to be named

YOKOHAMA, Japan — Nissan Chief Executive Hiroto Saikawa tendered his resignation Monday after acknowledging that he had received dubious income and vowed to pass the leadership of the Japanese automaker to a new generation. Board member Yasushi Kimura told reporters at an evening news conference at company headquarters in Yokohama that the board has approved Saikawa's resignation, effective Sept. 16, and a successor will be appointed next month. A search is underway, he added. Calls for Saikawa's resignation, which arose after the arrest last year of his predecessor, Carlos Ghosn, on various financial misconduct allegations, have grown louder after Saikawa acknowledged last week that he had received dubious payments. The income was linked to the stock price of Nissan Motor Co., and he has said his pay got inflated by illicitly adjusting the date for cashing in. The automaker's board met to look into the allegations against Saikawa, as well as other issues related to Ghosn's allegations and corporate ethics at the company. Kimura said the income Saikawa had received was confirmed as "not illegal." Ghosn, who is out on bail and awaiting trial, says he's innocent. Kimura and three other board members, who all have backgrounds outside the company, said their investigation of the scandal over Ghosn's arrest found that alleged misconduct by Ghosn and Greg Kelly, a former board member who was also arrested, had caused 35 billion yen ($350 million) in damage to the company. Nissan will seek a repayment of the damages, Kimura said. The board said about 10 candidates are being considered as a replacement for Saikawa. They did not identify them, but said outsiders and non-Japanese are on the list. Until a successor is decided, Chief Operating Officer Yasuhiro Yamauchi will serve as interim chief, the board said. Saikawa has not been charged. "I have been trying to do what needs to be done so that I can pass the baton over as soon as possible," he told reporters earlier in the day, referring to his willingness to leave his job. Saikawa did not appear at the news conference initially, but the four board members who led the event said he would later. Saikawa has said he didn't know about the improprieties, promised to return the money and blamed the system he said Ghosn had created at Nissan for the dubious payments. Japanese media reports said Saikawa had received tens of millions of yen (hundreds of thousands of dollars) in extra compensation.

Infiniti QX55 Luggage Test | The price to be paid for a coupe

The Infiniti QX55 is the crossover-coupe version of the QX50, which like other such variants available throughout the industry, chops the roofline and cargo area down to create a "coupe-like" appearance. Obviously, this results in a reduction in cargo capacity, but because that reduction is largely above the back seat line, the actual reduction in usable cargo space isn't as great as you might expect. While carrying a large box or some other tall, bulky thing will be more difficult, smaller items like suitcases won't necessarily be much different since carrying them above the back seat line can reduce or eliminate rear visibility and create a hazard by flying forward while stopping as well. It's for those very reasons I don't stack to the roof in luggage tests. Now, I have not tested the QX50, so I have no point of comparison in that regard. But I have tested a variety of crossover-coupes and the QX55 does indeed share common attributes ... and detriments.  On paper, the Infiniti QX55 has 26.9 cubic-feet of cargo space behind its back seat. That is basically the same as the Audi e-Tron Sportback and a bit less than the Mustang Mach-E and Toyota Venza. The Cayenne Coupe figure just seems inaccurate.  The QX55's back seat reclines, however, so its amount is variable. I do not know where Infiniti set it while doing it's measurement, but I set it for a comfortable degree comparable to most fixed back seats. You can also easily lower the back seat with handles in the cargo area. Both elements are pictured below.  Now, let's get to the bags. As in every luggage test I do, I use two midsize roller suitcases that would need to be checked in at the airport (26 inches long, 16 wide, 11 deep), two roll-aboard suitcases that just barely fit in the overhead (24L x 15W x 10D), and one smaller roll-aboard that fits easily (23L x 15W x 10D). I also include my wife's fancy overnight bag just to spruce things up a bit (21L x 12W x 12D). Cool, that was easy. All the bags easily fit with minimal Tetrising and ... Oh no. Wait, they don't. Despite all the bags seeming to be clear of the liftgate, the power-closing function got stuck repeatedly. I could slam it shut manually, but that's another no-no here at Luggage Test Portland in order to keep things consistent.  I then Tetrised and Tetrised and Tetrised again. No good, no good, no good. "Boy, what an annoying cargo area," I said to an empty street. This is what eventually worked after the sixth attempt.

Infiniti Q80 Inspiration Concept previews a fullsize future of luxury

Well, this certainly looks like a concept, doesn't it? From the wide, portal-esque door opeings to the boattail rear window design, there's just so much about the Infiniti Q80 Inspiration that looks like it would never actually reach production that we're impressed the automaker had the gumption to put the machine together and show it off at the 2014 Paris Motor Show.
This marks the first time that Infiniti has shown any sort of real intent to enter into the rarefied air of the fullsize luxury sedan segment, populated as it is by the likes of the Audi A8, BMW 7 Series and Mercedes-Benz S-Class. Those are extremely heavy hitters to market against, and Infiniti sounds anxious to throw its hat in the ring.
"We aim to do this with elegance, style, and emotion," says Francois Bancon, Infiniti Vice President, Product Strategy. "This car is making a statement. Q80 Inspiration is a precursor of a production model in this segment and, as such, integral to our future."