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Carlos Ghosn was on verge of release — so prosecutors file new allegation

TOKYO — Japanese prosecutors added a new allegation of breach of trust against Nissan's former chairman Carlos Ghosn on Friday, dashing his hopes for posting bail quickly. Ghosn and another former Nissan executive, Greg Kelly, were arrested Nov. 19 and charged with underreporting Ghosn's income by about 5 billion yen ($44 million) in 2011-2015. They also face the prospect of more charges of underreporting Ghosn's income for other years by nearly 10 billion ($80 million) in total. The breach of trust allegations were filed a day after a court rejected prosecutors' request for a longer detention of both men. The new allegation only applies to Ghosn, and Kelly could still be bailed out. A request for bail by Kelly's lawyer is pending court approval, according to the Tokyo District Court, but his release will have to wait until next week since the request was still in process after office hours Friday. Prosecutors in a statement Friday alleged that Ghosn in 2008 transferred a private investment loss worth more than 1.8 billion yen ($16 million) to Nissan by manipulating an unspecified "swap" contract. Ghosn also profited by having the company transfer a total of $14.7 million to another company to benefit himself and that company's owner, who helped in the contract manipulation, prosecutors said. Shin Kukimoto, deputy chief prosecutor at the Tokyo District Prosecutors Office, refuse to say if the two transactions were related or how Ghosn illegally profited. He also declined to identify the collaborator or whether the transactions were made overseas. Ghosn and Kelly are only charged with underreporting Ghosn's pay over five years, in violation of the Financial Instruments and Exchange Act. They have not been formally charged with an additional allegation of underreporting another 4 billion yen ($36 million) for 2016-2018, for which their first 10-day detention was to expire Thursday. Prosecutors have been criticized for separating the allegations as a tactic to detain Ghosn and Kelly longer. They say Ghosn and Kelly are flight risks. The maximum penalty for violating the financial act is up to 10 years in prison, a 10 million yen ($89,000) fine, or both. Breach of trust also carries a similar maximum penalty. The conviction rate in Japan is more than 99 percent for any crime. Ghosn was sent by Renault in 1999 to turn around Nissan, then on the verge of bankruptcy, and he led its rise to become the world's second-largest automaker.

2022 Mitsubishi Outlander First Drive Review | More than a redesign

It only takes a minute behind the wheel of the 2022 Outlander to understand how Mitsubishi’s alliance with Nissan and Renault has allowed it to reap dramatic rewards. The 2022 Mitsubishi Outlander isnÂ’t just redesigned, itÂ’s a thorough rethink on how to attack the compact crossover marketplace. Not only that, itÂ’s vaulted Mitsubishi from an also-ran to a solid contender for your hard-earned bucks. The Mitsubishi Outlander is not a rebadged Nissan Rogue. The two crossovers share their platform and powertrain, and Mitsubishi says they were co-developed and Outlander was not simply a hand-me-down. They differ in many notable ways, not the least of which is a standard third row (sized for very limited use) in the Outlander thatÂ’s not offered in the Rogue, but also in tuning, design and materials. The new Outlander certainly stands out with a front view thatÂ’s dominated by MitsubishiÂ’s "Dynamic Shield" fascia. Two curved chrome swoops work as outward-facing brackets to a grille with horizontal slats above a patterned opening. Lighting clusters are split into two parts, with LED driving lights and turn signals on top, and vertically stacked headlights below. Unlike some other “bold” faces currently seen in the industry, MitsubishiÂ’s design divides opinions but somehow looks better and more interesting in person than on screen. Mitsubishi managed an iteration of the floating-roof trend that looks different than anything else. ThereÂ’s an unusually flat roof in profile that ends in a brim-shaped rear spoiler atop a pillar at the very back of the car thatÂ’s shaped like a jet fin. Deep cutlines create a strong shoulder with a parallelogram indentation below the knee. All but base-model Outlanders are fitted with 20-inch wheels that are highlighted above with stamped-in brows. It all adds up to an imposing design that looks larger than it is. In reality, the 2022 Outlander is indeed larger in every direction than the 2020 edition (thereÂ’s no 2021 model) but in most measurements, is right about the same size as its compact crossover competitors. Its 106.5-inch wheelbase matches the Rogue, but the three-row Outlander is 2.4 inches longer overall. Compared to the 2020, thereÂ’s more adjustment for the driver to find a comfortable position plus an inch more legroom up front, and 1.1 inches more in the middle row. ItÂ’s 2.0 inches wider than before, which adds as much as an inch and a half more shoulder and hip room, depending on the seat.

Mitsubishi Outlander PHEV faces longer delays, might not arrive until 2016

It seems every time the Mitsubishi Outlander PHEV makes the news the information concerns a delay, and the reason always centers on its batteries. Four months ago the culprit was restricted battery supply from Lithium Energy Japan, pushing the arrival to 2015. This time it's no different, with Automotive News reporting that a battery-related request made by California state regulators will push the Outlander PHEV arrival back to "late 2015 or early 2016."
CA authorities want all plug-in hybrids to be fitted with a monitor for the lithium-ion batteries that will be on the lookout for degradation, the concern being that diminished batteries could change the vehicle's emissions. Getting the technology fitted and tested means something like a 16- to 22-month delay.
The extra time, however, should let Mitsubishi figure out what it's going to do about its battery supply since the current level of 4,000 per month isn't enough to support a US launch; the Automotive News article says Mitsubishi expects a volume of 63,000 plug-ins for 2016. The company hasn't said how it plans to make up the balance.