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Ghosn calls Renault and Nissan financial results 'pathetic'

PARIS — Former Nissan Chairman Carlos Ghosn took a swipe at his old employers in a newspaper interview on Sunday, calling the Renault and Nissan results "pathetic," driven as much by a lack of joint leadership than the COVID-19 pandemic. Ghosn, who was also the chairman of Mitsubishi Motors, was arrested in Japan in late 2018 on charges of underreporting his salary and using company funds for personal purpose — charges he denies. He fled to Lebanon from Japan. "There is a market confidence problem in the alliance. Personally, I find the results of Nissan and Renault pathetic. The two companies are looking inwards. There is no longer any real mix of management between Renault and Nissan, but a distrustful distance," he told Le Parisien newspaper. Ghosn compared the share price fall from November 2018 to June 2020 of competitors General Motors and Toyota of 12% and 15% respectively to Nissan dropping 55% and Renault 70%. "All of these manufacturers are facing the same COVID crisis, but Renault and Nissan are being punished more than the others,' he said. Ghosn fled Japan to Lebanon, his childhood home, in December as he awaited trial on charges of underreporting earnings, breach of trust and misappropriation of company funds, all of which he denies. Ghosn was questioned in Lebanon in January. He has said he will cooperate fully with the Lebanese judicial process, but it is unclear what cooperation there will be between Tokyo and Beirut. French prosecutors have also stepped up their investigation into alleged misappropriation by Ghosn of funds at Renault and had summoned him in France on July 13, but he did not attend. "There is a technical obstacle. My passport is in the hands of the attorney general in Lebanon, because Japan has issued an international arrest warrant for me," Ghosn said. "I also want to be sure that my security is assured and that I am guaranteed freedom of movement." Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. CES 2020 and Carlos Ghosn | Autoblog Podcast #609

Nissan dealer: 2016 Leaf will have 110-mile battery option

Leave it to a local dealer in Indiana to spill the beans about the beans about the changes to the upcoming 2016 Nissan Leaf. Maybe. There's a dealer near Indianapolis called Andy Mohr Avon Nissan near Indianapolis and its website says that the new Leaf will come with two battery packs. The dealer says that the 2016 Leaf will come with two different battery trim levels. You can choose a car with the same pack as the 2015 Leaf has (and, thus, still get 84 miles of official range) or you can opt for the higher trim level, which will give you, "as much as 25 percent increased capacity, delivering a driving range of as much as 110 miles." Now, let's take all of this with some grains of salt and combine it with previous rumors. First, this does not seem to be any sort of information about a second-gen Leaf. We've heard plenty of rumors that the 2016 Leaf will have a 30-kWh battery pack that can go over 100 miles, but this is sort of a version 1.5 Leaf, since this longer range will be available in an updated current model and not yet the next-gen model. Nissan's Paige Presley, from Nissan's EV and technology communications, said simply that she, "can't comment on future products." We spoke with Joe Kline, the internet manager at Andy Mohr Avon Nissan, and he said that it was likely that the information about the two battery packs came directly from Nissan but he wasn't 100 percent sure. Kline said that the Andy Morh Avon Nissan dealership probably sold around 10 Leafs in the past year, mostly because the infrastructure isn't as built out as it could be in central Indiana. "They're not quite up to par with the charging stations around here," he said. With the longer-range version, the dealership's website says, "the new Leaf can find a home in even more garages." Related Video: Featured Gallery 2015 Nissan Leaf View 12 Photos News Source: Andy Mohr Avon Nissan via Green Car Reports Green Rumormill Nissan Electric

Mitsubishi cheated on Japanese fuel economy test since 1991

Mitsubishi now says that its cheating on Japanese fuel economy tests stretches as far back as 1991. The automaker has hired an independent panel of investigators to get to the bottom of what happened, and the company will give them three months to prepare a report about the deception. Mitsubishi's cheat involves how the company calculated driving resistance to determine fuel economy. In 1991, Japan's Road Transport Vehicle Act established a coasting test to establish the driving resistance, but Mitsubishi's engineers used their own "high-speed coasting test," according to its statement. In 2007, the company decided to only use the country's mandated evaluation, but the employees kept utilizing the high-speed test in the field. In the most recent scandal, workers selected low values for driving resistance from the results, which made the fuel economy look better. Mitsubishi's presented these details in a report to the Ministry of Land, Infrastructure, Transport, and Tourism. "We are currently investigating the reasoning behind each of the decisions," the company said in a statement. It also hired three former prosecutors to figure out why this happened for so long. At this time, Mitsubishi only confirms the incorrect figures for some of the company's minicars, but this investigation could discover more transgressions. This fiasco started when Nissan discovered fuel economy discrepancies in some of its Mitsubishi-made tiny kei-class cars in Japan. Mitsubishi came clean and admitted the problem affected about 625,000 vehicles in the country. Japanese media have alleged more vehicles have incorrect mileage, including the Outlander. The National Highway Traffic Safety Administration in the US has also requested data from the Japanese automaker to confirm similar deceptions didn't happen for vehicles here. Related Video: Regarding the Report to MLIT Concerning Improper Conduct in Fuel Consumption Testing of Vehicles Manufactured by Mitsubishi Motors Corporation Tokyo, April 26, 2016 The following is a summary of the report submitted by Mitsubishi Motors Corporation (MMC) to the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) today, pursuant to instructions received from MLIT on April 20 to investigate improper conduct in fuel consumption testing of vehicles manufactured by MMC. Report Summary 1.