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Ghosn: Nissan, Renault going for 'mini alliance' with 'reduced scope'

TOKYO — Former Nissan chairman Carlos Ghosn said on Tuesday during a news conference at the Foreign CorrespondentsÂ’ Club of Japan in Tokyo that the Japanese automaker and Renault are trying to go for less cooperation between them with a deal to overhaul their long-standing alliance. "With the latest agreement, they're trying to go for a mini alliance with a very reduced scope of cooperation," Ghosn told reporters in Tokyo via video stream. Nissan and Renault are holding discussions about a final agreement to overhaul their alliance, after announcing in January that the deal will see Renault bring down its stake in Nissan to 15% from about 43% to put them on an equal level. Earlier this year, Ghosn filed a lawsuit against Nissan and a handful of individuals seeking $588 million in lost remuneration, and a further $500 million in moral damages. “Nissan will have to pay for what they did to me and my family,” Ghosn said. “Nissan created a lot of damage Â… damage that can not be repaired.” “What IÂ’m looking for is not revenge,” Ghosn added. “I just want to make sure that all the criminals and the plotters cannot sleep quietly in their beds after what they have committed.” Material from Reuters was used in this report. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Nissan delays GT-R LM Nismo's return to WEC after poor Le Mans showing

After a catastrophic run at the 24 Hours of Le Mans in June and a widely publicized review of the program, Nissan is delaying the GT-R LM Nismo prototype's next showing in the World Endurance Championship season. The team will continue testing and working out the car's crippling issues. "We know people will be disappointed, but be assured that nobody is more disappointed than us," Shoichi Miyatani, the president of Nismo, said in a statement. "We are racers and we want to compete, but we also want to be competitive. That is why we have chosen to continue our test program and prepare the GT-R LM Nismo for the strong competition we face in the World Endurance Championship. When you innovate, you don't give up at the first hurdle. We are committed to overcoming this challenge." The big issue for the GT-R at Le Mans was its Energy Recovery System. Its failure meant the racer was forced to rely on engine power alone, hobbling the program significantly. "We have many areas to work on – not least ensuring that we have the best ERS option available to us. The team is pushing hard on track, in the wind tunnel and at Nismo's various facilities around the world to deliver the long list of improvements we know that we need," Ben Bowlby, Nissan LM P1 technical director, said in a statement. The GT-R was met with skepticism upon its debut, thanks to the way it eschewed the hallmarks of most successful racers. Not only was the engine in front – a rarity in the past four or so decades of prototypes – but it also sent its power to the front wheels. And it was a lot – 1,250 hp to be precise, with 700 hp coming from electric motors alone. Despite this frankly absurd output, the competition from Porsche, Audi, and Toyota easily bested the GT-R LM Nismos. Scroll down for the official press release from Nissan. Nissan to address technical issues of LM P1 car before returning to World Endurance Championship Nissan GT-R LM NISMO to remain in test program before re-joining World Endurance Championship LONDON – Nissan today announced that it will delay its return to the LM P1 class of the FIA World Endurance Championship and instead focus on technical issues that challenged its race team during the Le Mans 24 Hours. Issues with the energy recovery system (ERS) meant that Nissan had to run at the Le Mans 24 Hours on engine power alone.

New GMC Canyon, Ford Bronco Heritage Editions and Nissan Z | Autoblog Podcast #743

In this episode of the Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Senior Producer Christopher McGraw. They kick off the podcast with news. Ford launched retro-themed Heritage Editions for its 2023 Bronco and Bronco Sport lineup. GMC unveiled the 2023 Canyon, complete with a ZR2-based AT4X trim. Some rare, vintage American cars were stolen and destroyed in England. Chris loves sleeping in cars, and tells us how to turn a car into a camper for less than $100. Next, our hosts talk about what they've been driving from the Autoblog test fleet, including the new Nissan Z (which Chris slept in), Mercedes EQS 450 and VW Atlas. Finally, they reference a recent Autoblog Reddit AMA for a unique "Spend My Money" format. They help one participant pick a sub-$40,000 sports car, and another choose a JDM sports car to import to the U.S. when they move back from Japan. Send us your questions for the Mailbag and Spend My Money at: Podcast@Autoblog.com. Autoblog Podcast #743 Get The Podcast Apple Podcasts – Subscribe to the Autoblog Podcast in iTunes Spotify – Subscribe to the Autoblog Podcast on Spotify RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown Heritage Editions join 2023 Bronco, Bronco Sport lineups 2023 GMC Canyon revealed with new ZR2-based AT4X trim Thieves steal and demolish two classic American cars in the U.K. Turn your car into a comfortable camper for less than $100 Cars we're driving 2023 Nissan Z ... Can you catch some z's in it? 2022 Mercedes-Benz EQS 450+ 2022 Volkswagen Atlas Spend My Money: Reddit edition Feedback Email – Podcast@Autoblog.com Review the show on Apple Podcasts Autoblog is now live on your smart speakers and voice assistants with the audio Autoblog Daily Digest. Say “Hey Google, play the news from Autoblog” or "Alexa, open Autoblog" to get your favorite car website in audio form every day. A narrator will take you through the biggest stories or break down one of our comprehensive test drives. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.