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Ghosn hid part of Nissan salary, fearing he'd be forced out of Renault, exec testifies

TOKYO — Carlos Ghosn hid part of his compensation at Nissan because he feared the French government would force him out of Renault if it discovered how much he earned, an executive at the Japanese carmaker told a Tokyo court on Thursday. Hari Nada, a former Nissan vice president in charge of legal affairs, has been described as organizer of a putsch against Ghosn and is a key whistleblower in the case brought by Japanese prosecutors against the former Nissan and Renault boss, who was arrested in 2018. Nada was testifying at the trial of former Nissan executive Greg Kelly, who is charged with helping Ghosn hide 9.3 billion yen ($89 million) in compensation over eight years through deferred payments after Japan introduced new rules requiring executives to disclose payments above 1 billion yen. Kelly has pleaded not guilty. He has been on bail in Japan since his release from jail in 2018 and is facing trial without Ghosn because his co-accused fled to Lebanon in December 2019. Ghosn, who was one of the world's most prominent auto bosses as head of the Renault-Nissan-Mitsubishi alliance, has denied wrongdoing. He says he is the victim of a boardroom coup by former Nissan colleagues worried he would push through a merger between Nissan and Renault, its largest shareholder. Nada told the court that Ghosn had concealed his true compensation because he feared the repercussions in France. He said Kelly had given him this information. "He didn't want to be fired. If he paid himself what he wanted and that was disclosed, the French state would have felt obliged to fire him," said Nada, who agreed to cooperate with Japanese prosecutors in return for immunity from prosecution. France's economy ministry declined to comment. Nada was demoted following Ghosn's arrest. Ghosn, who is also charged with enriching himself through $5 million in payments to a Middle East car dealership, and for a breach of trust for temporarily transferring personal financial losses to his employer's books, also denies any wrongdoing. A former Nissan chief operating officer offered another perspective on Tuesday, outlining the pains company officials took to hide GhosnÂ’s pay, because they worried about his quitting for a rival. “Carlos Ghosn is a world-class business leader and CEO,” said Toshiyuki Shiga, testifying at the trial of his former colleague Greg Kelly, charged with under-reporting GhosnÂ’s compensation.

Nissan recalling more than 1M vehicles for airbags that may fail to deploy

Nissan and the National Highway Traffic Safety Administration have issued a recall for 989,701 vehicles in the US due to an issue with their passenger-side airbag systems. Affected Nissan models include the Altima, Leaf, Pathfinder and Sentra from the 2013 and 2014 model years, and 2013 NV200 taxis. Affected Infiniti models include the 2013 JX35 and 2014 Q50 and QX60 utility vehicles.
Reuters is reporting that a total of 1,053,479 vehicles are included in the recall globally, with about 60,000 of the affected vehicles having been sold in Canada.
The fault apparently lies in something called the occupant classification system, which may, in the recalled vehicles, incorrectly classify the passenger seat as empty when it is in fact occupied by an adult. When the system fails to recognize the passenger, the passenger-side airbag may deactivate, and could therefore fail to deploy in the event of a crash.

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.