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Nissan bringing GT-R LM Nismo back to WEC

Things didn't go exactly as planned when Nissan entered Le Mans this year with the GT-R LM Nismo. First years of a new racing program seldom do. But the radical front-drive LMP1 prototype performed so poorly that it looked for a while like Nissan would scrap the program altogether. Fortunately, however, the Japanese automaker has announced that the GT-R LM Nismo it is coming back. Several changes are afoot for next season. For starters, while the prototype only competed in the 24 Hours of Le Mans this year, Nissan says it "will return to race in the FIA World Endurance Championship in 2016" – of which Le Mans is just part. It isn't saying how many of the races it will contest, exactly, but the calendar currently consists of nine events: Silverstone, Spa, Le Mans, the Nurburgring, Mexico City, Texas, Fuji, Shanghai, and Bahrain. Hopefully we'll be seeing the Nissan team at all nine events, especially the one at the Circuit of the Americas in Austin, where it can be seen undergoing testing in the fresh and massive image gallery above. Schedules aside, Nissan has appointed a new principal to run the team. Brought in "to share the heavy load on Ben Bowlby's shoulders" will be Mike Carcamo, who moves from his job at Nissan Mexico to serve as the WEC team principal. Outgoing principal Bowlby does, however, appear to be staying on in an as-yet undisclosed capacity. Finally, Nissan says that "multiple changes have been made to the car since Le Mans," and you can bet that's a huge understatement. We won't know what those changes constitute, exactly, but the automaker is certainly hoping that they'll prove enough to make the car competitive. In its debut at Le Mans this year, two of the three cars failed to finish, and the third wasn't classified since it didn't cover enough distance. Related Video: NISSAN GT-R LM NISMO TO MAKE RACING RETURN IN 2016 Nissan's innovative LM P1 racer to complete test programme before returning to WEC YOKOHAMA, JAPAN - 1 October 2015: Nissan today announced that the innovative Nissan GT-R LM NISMO will return to race in the FIA World Endurance Championship in 2016. The team has been working hard to address the technical issues faced at Le Mans in June and is in the middle of a comprehensive test and development programme to prepare the new car to race against the tough competition it faces in the LM P1 class.

Ghosn calls Renault and Nissan financial results 'pathetic'

PARIS — Former Nissan Chairman Carlos Ghosn took a swipe at his old employers in a newspaper interview on Sunday, calling the Renault and Nissan results "pathetic," driven as much by a lack of joint leadership than the COVID-19 pandemic. Ghosn, who was also the chairman of Mitsubishi Motors, was arrested in Japan in late 2018 on charges of underreporting his salary and using company funds for personal purpose — charges he denies. He fled to Lebanon from Japan. "There is a market confidence problem in the alliance. Personally, I find the results of Nissan and Renault pathetic. The two companies are looking inwards. There is no longer any real mix of management between Renault and Nissan, but a distrustful distance," he told Le Parisien newspaper. Ghosn compared the share price fall from November 2018 to June 2020 of competitors General Motors and Toyota of 12% and 15% respectively to Nissan dropping 55% and Renault 70%. "All of these manufacturers are facing the same COVID crisis, but Renault and Nissan are being punished more than the others,' he said. Ghosn fled Japan to Lebanon, his childhood home, in December as he awaited trial on charges of underreporting earnings, breach of trust and misappropriation of company funds, all of which he denies. Ghosn was questioned in Lebanon in January. He has said he will cooperate fully with the Lebanese judicial process, but it is unclear what cooperation there will be between Tokyo and Beirut. French prosecutors have also stepped up their investigation into alleged misappropriation by Ghosn of funds at Renault and had summoned him in France on July 13, but he did not attend. "There is a technical obstacle. My passport is in the hands of the attorney general in Lebanon, because Japan has issued an international arrest warrant for me," Ghosn said. "I also want to be sure that my security is assured and that I am guaranteed freedom of movement." Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. CES 2020 and Carlos Ghosn | Autoblog Podcast #609

Foreign automakers pay from $38 to $65 per hour to non-union workers

As leaders for the United Auto Workers gather in Detroit for their Special Convention on Collective Bargaining to work out the negotiating stance for this year's new labor agreements with the Detroit 3 automakers, what they most want to do is figure out how to eliminate the two-tier wage scale. However, the lower Tier 2 wage has allowed the domestic automakers to reduce their labor costs, hire more workers, and compete better with their import competition. As it stands, per-hour labor rates including benefits are $58 at General Motors, $57 at Ford, and $48 at Fiat-Chrysler – a reflection of FCA's much greater number of Tier 2 workers. The Center for Automotive Research released a study of labor rates (including benefits) that put numbers to what the imports pay: Mercedes-Benz pays the most, at an average of $65 per hour, Volkswagen pays the least, at $38 per hour, and BMW is just a hair above that at $39 per hour. Among the Detroit competitors, Honda workers earn an average of $49 per hour, at Toyota it's $48 per hour, Nissan is $42 per hour, and Hyundai-Kia pays $41 per hour. The lower import wages are aided by their greater use of temporary workers compared to the domestics. Automotive News says the ten-dollar gap between those foreign camakers and the domestics turns out to about an extra $250 per car in labor, which adds up quickly when you're pumping out many millions of cars. That $250-per-car number is one that, come negotiating time, the Detroit 3 will want to reduce, as the UAW is trying to raise both Tier 1 and Tier 2 wages. Another wrinkle is that the domestic carmakers are considering the wide adoption of a third wage level lower than Tier 2. Some workers who do minor tasks like assembling parts trays kits and battery packs already make less than Tier 2, but the UAW will be quite wary about cementing yet another wage scale at the bottom of the system while it's trying to fight a bigger battle at the top. News Source: Automotive News - sub. req., BloombergImage Credit: AP Photo/Erik Schelzig Earnings/Financials UAW/Unions BMW Chevrolet Fiat Ford GM Honda Hyundai Kia Mercedes-Benz Nissan Toyota Volkswagen labor wages collective bargaining labor costs