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Police search Renault headquarters as part of Ghosn probe

PARIS — Police are searching Renault's corporate headquarters in Boulogne-Billancourt, which a judicial source said was related to an ongoing investigation into ex-Renault boss Carlos Ghosn and his use of Versailles for his 2016 wedding party. L'Express magazine reported earlier on Wednesday that the search was being carried out in relation to Ghosn, who faces charges of misconduct. Ghosn has denied any wrongdoing and has been released on bail. L'Express added that French authorities were probing a wedding reception party held at the Chateau de Versailles in 2016 to mark the wedding of Ghosn to his second wife Carole, and a judicial source confirmed those elements to Reuters. Renault itself confirmed that police were searching its premises, but declined to comment on the subject of the search. "Renault confirms that a search by police is currently underway at its headquarters in Boulogne-Billancourt and Renault is co-operating fully with authorities," said the company, adding that it would not make any further comment on the matter. Earlier this year, Renault said it had found evidence that it had paid part of Ghosn's wedding costs and added it would turn the investigation over to prosecutors. Ghosn's Versailles wedding party in October 2016 had already drawn public scrutiny for its opulence and Marie Antoinette-themed costumes. Government/Legal Mitsubishi Nissan Renault Carlos Ghosn

Nissan teases Gripz concept inspired by 240Z rally cars

The rumor about Nissan's crossover concept for the Frankfurt Motor Show wearing the brand's famous Z badge is starting to make a lot more sense thanks to the latest teaser video. Dubbed the Gripz, this CUV takes inspiration from both 240Z rally cars and high-performance, road-going bicycles. So while this model might not be the next Z-car, it's definitely trying to evoke that style. According to Nissan, the Gripz "explores a new sporty direction for a crossover concept and was conceived to create an innovative new driving sensation." The video appears to briefly show a turbine at work, indicating the engine might be turbocharged. There's also a glimpse at a chronograph-inspired gauge cluster. Unfortunately, the company's latest clip doesn't give away much more than that, but there are some great glimpses of those old-school racers. The Gripz gets a full debut in Germany on Sept. 15. Nissan Gripz Concept makes its global debut in Frankfurt Designed to build on Nissan's pioneering Crossover leadership, Nissan's Gripz Concept will make its global premiere at the Frankfurt Motor Show. Inspiration for the Nissan Gripz Concept came from the legendary 240Z desert racers as well as the sleek two-wheel world of road cycling. The design explores a new sporty direction for a Crossover concept and was conceived to create an innovative new driving sensation. The world premiere will take place at the Nissan stand on September 15th, 2015. Stay tuned for more innovative Crossover thinking from Nissan. Related Video:

Nismo toying with crossovers and pickups

Nissan is apparently committed to turning its racing and tuning division into a bigger player, with new Nismo models coming out all the time. But while the Nismo division has until now focused primarily on hatchbacks and sports cars, the next project could be a truck. According to Aussie website CarAdvice in speaking to Nissan marketing chief Darren Cox and Nismo boss Shoichi Miyatani, the prospect of a Nismo-tuned SUV or pickup are definitely on the table. That could include a performance-oriented take on the Navara pickup, but also the Qashqai crossover – a prospect first mooted a year ago. And if the Qashqai and Navara are under consideration, there's no telling what Nismo might do with the likes of the Frontier, Rogue, Murano or even the Pathfinder. None of that is concrete at the moment, of course, but the market for performance crossovers seems only to be growing – and growing more accessible, too. The Germans keep making smaller crossovers and performance variants thereof, and even Fiat is said to be working on an Abarth version of the 500X. The Juke Nismo itself bridges the gap between hot hatches and performance crossovers, but apart from the 370Z Nismo and GT-R Nismo, most of the division's projects seem to be focusing on hatchbacks like the Pulsar and Versa Note.