1,360 Articles
ETC
What to expect from the Japanese trial of Nissan and Greg Kelly

Kelly faces up to a decade in prison

The criminal trial against Japanese automaker Nissan and its former executive Greg Kelly will open in Tokyo District Court on Tuesday. It’s the latest chapter in the unfolding scandal of Carlos Ghosn, a superstar at Nissan Motor Co. until he and Kelly were arrested in late 2018. Kelly says he is innocent.

Green
Uber promises 100% electric cars by 2040, commits $800 million to help drivers switch

Sooner in U.S., Canada and Europe

In addition to the vehicle discounts, Uber said the $800 million includes discounts for charging and a fare surcharge for electric and hybrid vehicles, the cost of which would be partially offset by an additional small fee charged to customers who request a "green trip." Uber said that vehicles on its rides platform in the United States, Canada and Europe will be zero-emission by 2030, taking advantage of the regulatory support and advanced infrastructure in those regions.

Official
Former Mitsubishi CEO Osamu Masuko dies at 71

He resigned for health reasons on August 7

Former Mitsubishi Motors Chief Executive Osamu Masuko, who engineered the Japanese automaker’s alliance with Nissan, has died. Masuko was named a special adviser to the company when he resigned for health reasons as of Aug. 7. Mitsubishi Motors Corp. said he died of heart failure on Aug. 27.

Read This
How a powerful Nissan insider brought down Carlos Ghosn

Hari Nada created chaos that haunts the carmaker to this day, Bloomberg reports

Report
Judge denies bail for men accused of sneaking Carlos Ghosn out of Japan

They argued that their health was at risk in jail due to the coronavirus

Two American men wanted by Japan on charges that they helped sneak former Nissan Motor Co. Chairman Carlos Ghosn out of the country in a box have again been denied release from a U.S. jail. U.S. District Judge Indira Talwani on Friday rejected a bid to free Michael Taylor, a 59-year-old U.S. Army Special Forces veteran, and his 27-year-old son, Peter Taylor, on bail while they fight their extradition to Japan. Talwani said a magistrate judge properly found the two men to be a risk of flight.

Mitsubishi Motors Chairman Masuko resigns due to health reasons

He forged the ties between Mitsu and Nissan

Mitsubishi Motors Corp said on Friday Osamu Masuko resigned as chairman due to health reasons and has handed over the role to CEO Takao Kato on a temporary basis. A veteran of the Mitsubishi conglomerate, Masuko joined the automaker in 2004, and became president in 2007. The 71-year-old would stay on at Mitsubishi as a special adviser, the company said in a statement.

Report
Mitsubishi expects a massive loss this year due to the coronavirus pandemic

It also announced the end of the long-running Pajero SUV

Mitsubishi Motors Corp. reported Monday a 176 billion yen ($1.7 billion) loss for April-June, and forecast more red ink for the fiscal year, as the coronavirus pandemic slammed auto demand around the world. The shaky results come as Mitsubishi Motors’ alliance partners Nissan Motor Co. and Renault of France work to recover from the downfall of their former chairman, Carlos Ghosn. Ghosn was out on bail, awaiting trial on various financial misconduct allegations in Tokyo, when he fled late last

Official
Mitsubishi announces new and updated models are around the corner

Changes across the board, along with the next-generation Outlander

Report
Nissan officials answer to angry shareholders on red ink, Ghosn scandal

'We will tackle these challenges without compromise,' says CEO Uchida

Nissan Chief Executive Makoto Uchida told shareholders Monday he is giving up half his pay after the Japanese automaker sank into the red amid plunging sales and plant closures in Spain and Indonesia. “I promise to bring Nissan back on a growth track.” Nissan, based in Yokohama, Japan, sank into its first annual loss in 11 years, reporting a 671.2 billion yen ($6.3 billion) loss for the fiscal year that ended in March.

ETC
Junkyard Gem: 1978 Plymouth Sapporo

A sporty Mitsubishi-built coupe, complete with opera lights and interior in three shades of glorious brown

Featured
Here are a few of our automotive guilty pleasures

Some cars straddle the line between good and bad, for various reasons

ETC
Federal prosecutor fights bail for men accused of helping Carlos Ghosn escape

'Some of the best defendants ... positioned to actually succeed' in fleeing

A U.S. prosecutor on Monday urged a judge to keep a former Green Beret and his son locked up as Japan prepares to formally seek their extradition on charges that they helped former Nissan Motor Co boss Carlos Ghosn flee the East Asian country. Assistant U.S. Attorney Stephen Hassink argued during a virtual hearing that Michael Taylor and his son, Peter Taylor, have a "clear and present reason to flee" after being accused of helping Ghosn, who faces financial misconduct charges in Japan.

Report
Feds say Americans' bid to avoid extradition in Ghosn escape is 'flawed'

Defense lawyers argued that helping someone jump bail was not a crime

U.S. prosecutors on Tuesday said a former Green Beret and his son, wanted by Japan for helping former Nissan Motor Co boss Carlos Ghosn flee the country, were advancing a "flawed" interpretation of Japanese law to fight their extradition. Michael Taylor and his son, Peter Taylor, were arrested in Massachusetts last month at Japan's request for allegedly smuggling Ghosn out of the country on Dec. 29, 2019, in a box while he was out on bail awaiting trial on financial charges. Ghosn fle

Comparo
Report
Nissan posts $6.2 billion annual loss and unveils plan to cut costs

'We must admit failures and take corrective actions'

Nissan Motor Co outlined a new plan on Thursday to become a smaller, more cost-efficient carmaker after the coronavirus pandemic exacerbated a slide in profitability that culminated in its first annual loss in 11 years. It will shut plants in Spain and Indonesia, leave the South Korean market and pull its Datsun brand from Russia as part of a strategy unveiled on Wednesday to share production globally with its partners Renault and Mitsubishi Motors . "I will make eve

Official
Report
Nissan, Renault reveal how they'll reshape alliance to cut costs, regain profit

Vehicles sharing the same platform will double by 2024

The auto alliance of Nissan and Renault said Wednesday it will be sharing more vehicle parts, technology and models to save costs as the industry struggles to survive the coronavirus pandemic. Alliance Operating Board Chairman Jean-Dominique Senard said the group, which also includes smaller Japanese automaker Mitsubishi Motors Corp., will have each company focusing on geographic regions. All automakers are suffering from the pandemic, and scaling back or suspending production, but Nissan was

/ 65