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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 considering Rogue Hybrid for US

If Nissan can pull 48 miles per gallon out of a hybrid version of the Rogue we say "go for it" to the rumored discussions it may be considering just such a vehicle for the United States. The Japanese automaker is already gearing up to start selling the X-Trail (the JDM Rogue) in hybrid form in Japan. So why not the US? Indeed, the compact crossover may soon get a hybrid version here, Automotive News says, citing comments from Rogue chief engineer Nobusuke Toukura. The X-Trail Hybrid, which goes on sale in Japan next month, cuts nitrogen oxide emissions by 75 percent compared to the gas-powered version while offering more torque from of a smaller gas engine. The model, which sells in the $23,000-to-$27,000 range, also gets an impressive 48 mpg (on the more lenient Japan driving cycle). NIssan USA spokesman Brian Brockman said the company hadn't made any announcements regarding a possible Rogue Hybrid for the US and declined to comment further. The Rogue is Nissan's second-best-selling model in the US, behind the Altima. Through March, Rogue sales were up 28 percent from a year earlier to more than 64,000 units. While hybrids account for a far higher percentage of new vehicles in Japan than in the US, increased US fuel-economy standards combined with the model's popularity make the Rogue Hybrid a fairly logical next step for the model.

Carlos Ghosn returns as president of ACEA

The European Automobile Manufacturers' Association (abbreviated ACEA in French) is an industry group representing all the biggest automakers in Europe, representing their common interests on the world stage. And as such it needs a leader, figurehead and mouthpiece to serve as its president, and for the second time the association's board of directors has chosen Carlos Ghosn.
Now if you're recognizing Ghosn as the CEO of Nissan and wondering what that has to do with European cars, it's not because Nissan manufactures much in Europe. In fact, it only operates has a handful of locations in Europe: one in the UK, one in Barcelona and one in St Petersburg. But you'd be wise to recall that Ghosn also serves as CEO of Renault, one of the biggest players in European automobile manufacturing. He also sits on the boards at Russian automaker AvtoVAZ (of which Renault owns 25 percent) and of his native Brazil's Banco Itaú, not to mention the advisory councils of a handful of universities - two of them from his ancestral hometown of Beirut. He previously served as president of ACEA in 2009, and was re-elected to replace outgoing PSA chairman Philippe Varin.
Alongside Renault, ACEA membership includes BMW, Daimler, Fiat, Jaguar Land Rover, PSA Peugeot Citroën, Volkswagen and Volvo, along with the European divisions of Ford, General Motors, Hyundai and Toyota, as well as a handful of truck manufacturers.