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Auditor had questioned Nissan on payments in Ghosn scandal, source says

TOKYO — Nissan's auditor had repeatedly questioned transactions at the heart of allegations of financial misconduct by former chief Carlos Ghosn, but Nissan said they were proper, a person with direct knowledge of the matter said on Wednesday. Ernst & Young ShinNihon LLC questioned Nissan's management several times, chiefly around 2013, about purchases of overseas luxury homes for Ghosn's personal use and of stock-appreciation rights that were conferred on him. But the Japanese automaker said the transactions and financial reporting were appropriate, the source told Reuters on condition of anonymity. The revelation shows Nissan and its auditor were discussing the transactions, in apparent contrast with Nissan's contention that the alleged misreporting of benefits for Ghosn was masterminded by Ghosn and a key lieutenant. A spokesman for EY ShinNihon, the Japanese affiliate of global accounting firm Ernst & Young, said he could not comment on specific cases. A Nissan spokesman declined to comment. Ghosn was arrested on Nov. 19 as he arrived in Japan. Prosecutors accuse him of falsifying Nissan's annual reports to understate by about half his total compensation of some 10 billion yen ($90 million) over several years. The high-profile former executive has denied the allegations, according to Japanese media. Ghosn remains in custody and is unable to speak publicly. He is represented by former prosecutor Motonari Otsuru, according to Japanese media. Otsuru's law firm declined to comment on Wednesday, and Otsuru has not responded to requests for comment. Nissan has largely pinned the blame on Ghosn and Greg Kelly, a former representative director who was arrested along with Ghosn on the same allegations. "As a result of the investigation, we are certain these two are the masterminds," CEO Hiroto Saikawa told a news conference on Nov. 19, referring to Ghosn and Kelly. He declined to say whether others at Nissan were involved in the alleged wrongdoing. An internal investigation is ongoing, and Nissan says it is cooperating with prosecutors. Nissan and Mitsubishi Motors have removed Ghosn as chairman in the wake of his arrest. The French member of the three-firm alliance, Renault, retains him as chairman and CEO.

Recharge Wrap-up: BYD building e6 for Taiwan, Formula E announces season two test dates

The West Coast Electric Highway in Oregon and Washington offers EV drivers a lot of freedom to travel. With fast chargers available along I-5 and many other highways, drivers can travel through large parts of the Northwest without worrying about being stranded. Most chargers are 20 to 30 miles apart throughout the network - which is helpful considering the extra energy needed to climb the many hills - but things get a little more difficult at the border with California. From Ashland, Oregon southward, there isn't another fast charger for about 200 miles. Read more at Green Car Reports. The BYD e6 will be built in Taiwan for the Taiwanese market. AJ Greentech Holdings will manufacture the electric crossover taxi, which can travel 186 miles on a single charge. "This contract will ensure that our initiative for revolutionizing green energy transportation is carried out," says AJ Greentech Holdings CEO Chu Li An. "By driving this e6 electric taxi, drivers will save 10,000 Taiwan dollars a year on transportation costs, an unparalleled deal, while at the same time, providing a safer environment for all the citizens of Taiwan." Read more at Hybrid Cars. Nissan and Ricker Oil are partnering to bring EV fast charging to Ricker's Convenience Stores in Indianapolis. Nissan Leaf customers who purchase beginning April 1 will be able to charge for free at the nine locations as part of the automaker's "No Charge to Charge" program. "In Indianapolis, we are taking bold steps to reduce our city's oil dependence," says Mayor Greg Ballard. "Growing our citywide network of EV charging stations is important as we transition the city's entire fleet off foreign oil and work with residents to increase their access to electric vehicles." Read more at Convenience Store News. Formula E has announced its preseason test dates for its second season. Testing will take place in August at Donington Park in Leicestershire, England, where Formula E has its headquarters. Teams will be testing cars with powertrains from eight new manufacturers for the second season. The public is welcome to come watch on the last day of testing, August 25. See the full testing schedule and read more from Formula E.

Bug-eyed next-gen Nissan Titan spied testing

It's no secret that the fullsize pickup truck market is dominated by offerings from Detroit's Big Three automakers, the Nissan Titan and Toyota Tundra not able to outdo the Ford F-150, Ram 1500 or Chevy Silverado/GMC Sierra twins. A great deal of that has to do with the fact that, while the American trucks have all undergone evolutionary updates that include a range of body styles, fuel-efficient engines and excellent technology, the Japanese offerings are, well, really old. Toyota is offering an updated Tundra for the 2014 model year, and while we haven't driven it yet, we're already betting that it's still behind the pack in terms of competitiveness - the 2013 model placed fifth out of sixth in a recent PickupTrucks.com comparison test.
At the bottom of the pack lies the Nissan Titan, a truck that hasn't received any sort of substantial update since its introduction nearly ten years ago. But that's going to change - a new truck is slated to debut for the 2015 model year, and these spy shots of a Titan mule clearly show that things are moving forward.
While this tester relies heavily on the current truck's bodywork for testing purposes, the new Titan will have a revised design, some of which is evidenced by the bug-eyed front fascia of this mule. No, the production model isn't going to look all weird (we hope), but the higher, more outboard headlight placement suggests that the new truck will be a bit wider than the current model.