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Ghosn out at Nissan, still in at Renault, still in jail in Tokyo and facing more charges

When the corporate jet carrying Renault- Nissan- Mitsubishi CEO Carlos Ghosn landed at Tokyo Haneda airport on November 19, Japanese authorities had already taken position on the tarmac, waiting for him. Police and authorities representing Tokyo prosecutor's office boarded the plane to query Ghosn about financial improprieties, and ended up taking Nissan's chairman and CEO into custody. A few days later, on November 22, Nissan's board voted to remove Ghosn from both positions for what it classified as "significant acts of misconduct." The charges include understating his income in filings to the Tokyo Stock Exchange by at least $44 million, and misusing company funds. Japanese police arrested Greg Kelly as well, the high-ranking Nissan exec said to have assisted Ghosn in the subterfuge. Ghosn and Kelly remain on Nissan's board until a shareholder vote is held to decide those positions. Kelly was Nissan's first American director, and the carmaker's former head of human resources. In France, Renault's board voted to keep Ghosn in his positions, and has requested details from Nissan about the alleged improprieties. The board put Thierry Bollore in the role of deputy CEO with all of Ghosn's powers while Ghosn is "incapacitated," and lead independent director Philippe Lagayette will act as temporary chairman. Nissan has since told Renault that it is investigating financial malfeasance at RNBV, the Amsterdam-based joint-venture company that oversees the alliance. Mitsubishi has watched from afar, only saying it will perform its own investigation, and could remove Ghosn. Tokyo police can hold a suspect for 72 hours for initial questioning without charges. With the deadline looming, Tokyo prosecutors asked the court for, and were granted, a ten-day extension. If they choose, prosecutors can request another ten-day extension. Within 23 days, however, prosecutors either need to charge Ghosn and Kelly, or release them. There are several charges that acquire more details by the day. The most serious accusation is that Ghosn understated his pay from 2011 to 2015 by half, claiming roughly $44 million in remuneration when he actually received around $88 million. Over the weekend, it came out that Japanese prosecutors could be working on new charges of Ghosn under-reporting his salary since 2015 by $27 million. A Japanese newspaper said Ghosn told Kelly in an email to lie on the financial statements.

How did Nissan tweet a response to the Royal Baby announcement so quickly?

A mere seven minutes after the Duke and Duchess of Cambridge announced they were pregnant with their second child, Nissan had the perfect post circulating on the Twittersphere. How did Nissan know to expect Kate and William were expecting? By paying attention to the Internet zeitgeist.
It could be triplets and there would *still* be enough room for the Queen... #XTrail #SevenSeats #RoyalBaby pic.twitter.com/k4HiNAb7lq

- NissanUK (@NissanUK) September 8, 2014

Nissan Xterra exits stage left [UPDATE]

Update: The original story said the 2016 Rogue switches to a camera-based blind spot warning system, rather than radar-based. The opposite is true, and the text is changed to reflect this. Nissan is announcing most its 2016 model-year changes, and you can say farewell to the Xterra after 15 years in the lineup. As previously rumored, the SUV is shuffling off without a replacement to join the similar recent fates of the Nissan Pathfinder hybrid and Volkswagen Touareg hybrid. The decision is easy to understand. The Japanese automaker's volume is up 4.6 percent through July in the US to 792,642 vehicles, but the Xterra moved just 8,114 examples in that time, down 25.1 percent from the same period in 2014. While the Xterra is leaving, Nissan has a lot in store for the 2016 model year. New additions to the lineup include the latest generations of the Maxima and Titan. Plus, the Altima and Sentra are being refreshed with reports suggesting both of them take design inspiration from the latest Murano. Nissan is also keeping the Rogue fresh, even though it was just redesigned for 2014. The SL Premium package gets forward emergency braking. Siri Eyes Free is added to the SV Premium package and SL, and body-colored mirrors with integrated turn signals come on the S appearance package. Finally, the blind spot warning system is now radar-based, rather than using a camera. You can read the full list of changes for each model in the press release below, but some of the highlights include: 370Z Coupe and 370Z Nismo are available with a Bose stereo with active noise cancellation and active sound enhancement. The Frontier gets a moonroof on the Crew Cab SV GT-R wears 20-spoke Rays wheels rather than the previous 10-spoke design Juke has standard Siri Eyes Free NV Cargo has added side-impact airbags NV Passenger gets a standard 5.8-inch infotainments system on the SL trim Pathfinder has an optional cold package on the SV with heated front seats, steering wheel, and side mirrors Versa Note SV now gets convenience package standard, which includes a 5.0-inch infotainment system, RearView Monitor, and Divide-N-Hide rear floor. The 2016 Nissan lineup: Charting the changes Nissan is a brand on the move. And on a roll. The past two years have seen the back-to-back introductions of the segment-busting 2014 Rogue and 2015 Murano, which helped drive Nissan to record 2014 calendar year sales of 1,269,565 (+12.2%) in the United States.