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Macron and Abe seek to avert messy Renault-Nissan breakup

TOKYO/PARIS – France and Japan's leaders met for bilateral talks to avert a diplomatic row over the Renault-Nissan-Mitsubishi alliance on Friday following the surprise arrest of its Chairman Carlos Ghosn in Japan. With the carmaking alliance facing its biggest test after the ousting of Ghosn at Nissan and affiliate Mitsubishi over financial misconduct allegations, President Emmanuel Macron sat down with Prime Minister Shinzo Abe at the G20 summit in Buenos Aires. Ghosn's arrest to face accusations including the under-reporting of income has triggered new attempts by Nissan to weaken Renault's control of the Franco-Japanese alliance, adding to challenges facing Macron at home. Macron, whose government has repeatedly pressed Japan to share evidence unearthed by Nissan's internal investigation into Ghosn, "restated his firm wish that the alliance should be preserved, along with the stability of the group," an Elysee official said after Friday's meeting with Abe. Abe said it was important to "maintain a stable relationship," according to a spokesman for the Japanese leader. "However, he said the future of the alliance is up to the private-sector shareholders. The government of Japan does not prejudge the future of the alliance," the spokesman said. The French official quoted Abe as telling Macron that "the legal process must be allowed to take its course." LEADERLESS Tokyo authorities on Friday extended Ghosn's detention for a second time, by the maximum-allowed 10 days, local media reported. Prosecutors must file charges by Dec. 10 or arrest Ghosn for new crimes to hold him beyond that date. Tokyo prosecutors declined to comment. Nissan did not immediately respond to a request for comment. Ghosn's detention has left the global auto alliance without its leader and main interlocutor with the French government, which owns 15 percent of Renault and wants to maintain the ownership structure enshrining its control of the partnership. But Nissan Chief Executive Hiroto Saikawa has made clear that Nissan wants to weaken the control of its smaller parent as it carries out a governance review. Renault's 43.4 percent Nissan stake ensures an effective voting majority at shareholder meetings, while Nissan's reciprocal 15 percent Renault holding carries no voting rights.

Here's how Nissan is quietly getting ready for Leaf 2.0 [UPDATE]

The Nissan Leaf had its best sales month of the year in May, selling 2,104 units. By July that number had come down nearly 50 percent to 1,074 units, and Hybrid Cars reports that Leaf production is on an even steeper decline as the company prepares to roll out the updated 2016 Leaf. In April, Nissan built 2,575 EVs, in May that dropped to 1,569, in June it was just 504. That has pushed the number of Leafs in dealer inventories to a 2015 low of 62 days worth of sales. The trend gave the Chevrolet Volt the upper hand in July sales for the first time in almost two years, even though the Chevy's annual performance is also down for the year. The likely culprits in both cases are customers waiting on the 2016 models to arrive, along with expiring tax credits, a fleet of expired-lease vehicles rolling back onto the market, and declining gas prices. As for the much-rehashed expectations, a Leaf with at least 20 miles more range and perhaps up to 35 miles more range is what customers are anticipating in the fall. Either one of those would be a significant number that justifies not buying right now, and orders for the coming hatchback are being taken in some states. The new Leaf will also get a more conventional style and might also come in a small CUV version. We've asked Nissan for a comment on the declining production numbers, but have not yet heard back. We'll update the post if we get a response. UPDATE: Nissan's Paige Presley told AutoblogGreen, "While I can't comment on future products, I can tell you that we are managing production in line with vehicle demand in the market. With higher sales of Altima and ramping up of Maxima, we have shifted Smyrna's production toward those models. (Additionally, the Smyrna Vehicle Assembly Plant was on its annual summer shutdown for two weeks in June.) The Nissan LEAF continues to be the global leader in EV sales, and we expect EV sales to continue to rise over time with increasing emission regulations, low operating costs, reduced dependence on foreign energy sources, environmental concerns and fulfilling driving experience." Related Video: Featured Gallery 2015 Nissan Leaf View 12 Photos News Source: Hybrid Cars Green Plants/Manufacturing Nissan Car Buying Hatchback Electric

Mazda Turnpike in Japan shut down for racing

The people behind Motorhead Magazine in Japan clearly have some friends in high places. Not only did they manage to shutdown eight kilometers of the Mazda Turnpike up the Hakone mountain, but they invited some of the country's premiere racers to take a drive up the hill. This wasn't just a Sunday cruise either. Featuring a BMW Z4 from the Super GT series, a classic Ford GT40, two flavors of Nissan GT-R and two takes on the Subaru Impreza WRX STI, these guys came ready to run. When an opportunity to let racecars challenge a curvy mountain road presents itself, you don't squander it. Thankfully, the folks at Motorhead knew that and outfitted the course with a plethora of cameras and high-quality sound equipment to capture the action. The result is nothing short of sublime. Take the video's urging to turn up your speakers for this one, and watch as these racers hit ludicrous speeds in a beautiful place never meant for them. News Source: japanmotorhead via YouTube, Jalopnik Aftermarket Motorsports BMW Ford Nissan Subaru Racing Vehicles Performance Videos ford gt40 super gt