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Carlos Ghosn's jail time extended, as family says he was framed
Mon, Dec 31 2018TOKYO — Former Nissan chairman Carlos Ghosn will be detained at least through Jan. 11, the Tokyo District Court said Monday, as the once-revered auto industry figure faces allegations that have marked a stunning downfall. Ghosn, who led Nissan Motor Co. for two decades and helped save the Japanese automaker from near bankruptcy, was arrested Nov. 19 on suspicion of falsifying financial reports. He also faces a breach of trust allegation, for which his detention had been approved previously through Jan. 1. The Tokyo District Court said in a statement that it had approved prosecutors' request for a 10-day extension. Ghosn has been charged in the first set of allegations, about under-reporting Ghosn's pay by about 5 billion yen ($44 million) in 2011-2015. Related: Top 10 automotive stories of 2018 Those close to Ghosn and his family say he is asserting his innocence as the alleged underreported amount of money was never really decided or paid, and Nissan never suffered any monetary losses from the alleged breach of trust. It is unclear when Ghosn may be released on bail. Tokyo prosecutors consider Ghosn, a Brazilian-born Frenchman of Lebanese ancestry, a flight risk. In Japan, formal charges can mean a suspect will get detained for months, sometimes until the trial starts, because of fears of tampered evidence. Some experts are puzzled that the allegations against Kelly and Ghosn are about underreporting income from Nissan. Nissan is in charge of filing such financial reports, not individual executives. Over the weekend, The New York Times published an article, "The Rise and Fall of Carlos Ghosn," describing his arrest as well as his almost legendary ascendance as the outsider who saved Nissan: "He was a person who was above the clouds," said one Nissan employee. But it's clear from the article that his autocratic style has long rankled the Japanese. In a sidebar, the NYT also covered accusations from Ghosn's daughters that Nissan had set him up for a fall, part of a mutiny against his explorations of a merger between Nissan and Renault. They point out that Hiroto Saikawa, the chief executive of Nissan, complained about the nature of the alliance in the first news conference following Ghosn's arrest. "Wow," daughter Caroline Ghosn said. "He didn't even waste a breath. He didn't even try to cover up the fact that the merger had something to do with this." The NYT articles included Ghosn family photos showing a softer side to the stern auto executive.
On Location: 2015 Nissan Micra Cup racecar at Mont-Tremblant
Fri, Jun 26 2015Circuit Mont-Tremblant has an almost mythical aura for North American road racers, and it was the setting for our high speed test of the 2015 Nissan Micra Cup racecar. Nestled in the Laurentian Mountains of Quebec, the course hosted Formula One races in 1968 and 1970, Trans-Am and Can-Am competition in the 1960s and '70s, and more recently a Champ Car event in 2007. In its current configuration, Mont-Tremblant has 15 turns and covers 2.65 miles of rural Quebec about 90 minutes northwest of Montreal. Put simply: It's an excellent venue to test the Micra Cup racer, which is underpinning a spec series in Canada this summer and fall. The cars are outfitted with a Nismo suspension kit, FIA-approved racing seat with a five-point harness, safety cage, upgraded brakes, modified exhaust, and Pirelli low-profile performance tires. The stock 1.6-liter four-cylinder engine with 109 horsepower mated to a five-speed manual is unchanged. It's a cool, misty day when we get behind the wheel of the Micra Cup car. Though we're nervous, Nissan is billing the Micra Cup as a series for nearly anyone, calling it the bridge between karting and more serious racing. We believe that – the Cup car is fairly easy to drive – and our instructor is helpful with tips on the gearing and setting up corners. We finish our laps feeling excited, challenged, and wanting more. As the video above shows, the car is eager to please, and it's a lot of fun to toss around an iconic track.
What does a world-class downhill skateboarder drive? Something very cool
Thu, 09 May 2013Kevin Reimer has an interesting career and a fascinating car. The resident of Vancouver, BC is a professional downhill skateboarder - which we now know is a thing you can be - who sees a lot of commonality between his extreme occupation and his cherry 1991 Nissan Skyline GT-R.
The subjects of the latest Petrolicious joint, Racing Champions, Reimer waxes philosophical about skateboarding and driving down some of the same routes. You'll not be surprised to hear that riding the curves of a mountain slope, be it on a deck or in a bucket seat, both rely on grip and nerve in various measure. Scroll down to see for yourself, and don't miss the rest of our Petrolicious library when you're done.






















