Bad Breakup: Nissan Hits Former Boss With $90 Million Lawsuit

Jeez, it’s a good thing they didn’t have kids.

Nissan has responded to former chairman and CEO Carlos Ghosn’s escape from Japanese captivity — and subsequent doubling down on his accusations of a corporate coup orchestrated by Nissan execs, with the help of Japanese officials — by filing a lawsuit.

As it attempts to free up cash elsewhere in the company, the struggling automaker is seeking to recoup losses from Ghosn’s alleged financial impropriety.

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Place Your Bets: Nissan Envisions a Loftier Titan

Nissan sales tanked in 2019, following the previous year’s lead, but the brand’s Titan pickup line performance was worse than a grade school talent audition. Changes to the Titan and Titan XD for 2020 aren’t likely to move the needle in a substantive way.

Which makes word of a potential off-road bruiser of a Titan all the more interesting.

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Would You See the Carlos Ghosn Movie?

Internationally wanted fugitive and former automotive executive Carlos Ghosn has reportedly teamed up with Michael Ovitz, founder of Creative Artists Agency and ex-president of Walt Disney, to handle the movie or miniseries that’s definitely going to be made about his flight from Japan.

Ghosn could probably use the money, as he’s accustomed to the finer things in life. He forfeited $15 million in bail money when he skipped town, plus whatever it costs to hire an elite team of mercenaries to smuggle you halfway around the world.

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Cash-strapped Nissan Records an Album

The year was 1981, and the frazzled mother of yours truly found herself behind the wheel more than usual. This writer was apparently screaming and bawling like a 21st century voter, and the only way to get him to conk out was to bundle him into an increasingly corroded Plymouth Volare and hit the lonely backroads of rural Canada, unsure of whether that Slant Six would stall at the next four-way stop.

It’s a situation most new parents find themselves in — and, save adoption, it’s the last legal resort to getting a screaming child to knock it off, especially now that most food safety agencies don’t allow alcohol-filled gripe water. As powertrains go electric, however, the driving experience is beginning to change.

Worried that these child-lulling drives might prove fruitless in a model like the Leaf, Nissan has recorded an EP to accompany the trip. I’m listening to it now.

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2020 Nissan Frontier: What's Old Is Partly New

The 2020 Nissan Frontier unveiled ahead of the Chicago Auto Show Wednesday night looks an awful lot like a 2019 model, to say nothing of the fourteen years of Frontiers that came before, but there’s something new lurking under the hood.

In an unusual move, Nissan has decided to debut the powertrain of the Frontier’s long-awaited midsize successor in the newest current-generation model. The last current-gen model, to put it another way.

With the new engine upgrade comes a considerable boost in horsepower and four additional forward gears.

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Nissan Latest: Regional Offices to Close As Cost-cutting Marches On

Nissan’s attempt to slash costs amid a protracted sales and profit slump will mean the end of two regional offices in the United States.

The news comes after a slew of measures aimed at reining in spending, the most recent of which was a buyout package offered to U.S. employees over the age of 52. With two years of declining sales on its ledger, the automaker figures fewer vehicles sold should result in fewer offices.

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New Arrest Warrants Issued for Carlos Ghosn and Accomplices

Tokyo prosecutors have issued warrants for the arrest of Carlos Ghosn and three Americans they claim helped him escape the country in December. His surprise arrival in Lebanon initially befuddled Japanese authorities, prompting the country to file a red notice with Interpol before releasing the latest warrant.

While a new development in the Ghosn saga, it doesn’t change much. The former executive still faces charges of financial misconduct stemming from his tenure with Nissan, but he now finds himself charged with violating Japan’s Immigration Control Law.

Japan’s take is that Ghosn fled the country to avoid justice (a backwards version of his own view). The former automotive executive and his wife, who is also wanted in Japan, have both stated publicly that they believe the country’s legal system would never allow Ghosn a fair trial, claiming officials worked with Nissan to help enact the industrial-grade coup that removed him.

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Details Emerge of Next Nissan Rogue Sport

Given that Nissan finds itself in dire financial straits, an updated utility vehicle line seems like the best way to boost sales and revenue. Having already finished revamping the bulk of its passenger car lineup and its Titan and Titan XD full-size trucks, the automaker’s attention is now turning to its CUVs.

A report out of Britain casts some light on a seldom-mentioned Nissan crossover while also calling into question changes planned for another model.

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'Do or Die': Nissan Buying Out U.S. Employees As Cost-cutting Spree Continues

In an effort to reduce expenses and lower its headcount, an embattled Nissan is offering buyouts to its U.S. employees.

It’s rumored that Nissan plans to eliminate thousands of white-collar jobs and shutter several global factories as part of its effort to improve the company balance sheet. Going into 2020 weak and not expecting to make any money, the automaker is turning its focus to restructuring for at least the next 24 months.

“To adapt to current business needs and improve efficiencies, Nissan will offer voluntary separation packages to eligible U.S.-based employees,” the company said in a statement.

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French Fix: Renault Board Selects Next CEO

Renault has appointed the former boss of Volkswagen Group’s Seat brand, Luca de Meo, as its new chief executive. Eager to remove former CEO Thierry Bollore and further distance itself from any ties to Carlos Ghosn, the company has been without an official leader since October.

The automaker made an announcement Tuesday, saying that after a selection process led by the Governance and Compensation Committee, the Board of Directors under the chairmanship of Jean-Dominique Senard had settled on de Meo.

Clotilde Delbos, currently serving as interim CEO, will continue to assume her functions until Luca takes office at the beginning of July. Viewed as the most-likely successor since 2019, de Meo was simply waiting out the non-compete clause in his contract with VW. His official hiring still needs approval from Renault shareholders, with the next meeting taking place in April.

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Nissan and Renault Chief Engineers to Meet, Rekindled Joint Projects on the Agenda

Anybody with more than a casual interest in the automotive industry will tell you the relationship between Nissan and Renault is falling apart. Even the alliance’s founder, executive-on-the-run Carlos Ghosn, says it’s on the cusp of going under. But existing employees have tried to be a little more optimistic, acknowledging that the business partnership has become strained while making suggestions to correct its course.

One plan involves pushing more collaborative projects, which is one of the main reasons for forming an industrial alliance. Renault Chairman Jean-Dominique Senard has already said both sides are committed to making the partnership succeed, citing joint projects as a primary focus. Alliance engineers will meet in Japan at the end of January to discuss new development programs — and attempt to revive a few that fell by the wayside.

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No Hard Feelings: Ghosn Predicts Nissan Bankruptcy

There’s certainly no love lost between former Nissan chairman Carlos Ghosn and the automaker he once helmed. After trashing the company’s sales performance in a Lebanon media conference earlier this month, during which he again accused Nissan of conspiring with Japanese officials to orchestrate his arrest, we know hear he gives the automaker maybe two or three years before it hits rock bottom.

Rock bottom” is where former CEO Hiroto Saikawa said his company was at last May. Maybe there’s still a ways to go.

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Sexy Infiniti Sibling Will Be Late to the Party

The second-generation Infiniti QX50 is a seldom talked-about model that gets plenty of mention on these digital pages, what with its technological wizardry and big launch expectations… that didn’t seem to do the compact crossover much good when it finally reached dealerships.

No problem — maybe customers will take more kindly to its QX55 sibling, teased late last year ahead of an early summer 2020 release. But hold on a second! It appears the QX55 won’t show up at the party until much later than expected.

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Dealers Blast Nissan CEO, Deliver 'an Hour and a Half of Reality'

Japanese executives traditionally take company failings very personally, often performing penance in the wake of scandals and downturns. In the case of fresh-on-the-job Nissan CEO Makoto Uchida, his punishment for the automaker’s dismal financial situation and tumbling sales was an earful from a group of angry U.S. dealers.

The dealers let Uchida have it during a recent meeting at Nissan’s U.S. headquarters — the first such meeting since Uchida’s elevation to CEO late last year. It’s not like he didn’t ask for it.

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Rumor Mill: Next Nissan Z Car to Go Retro?

While it still makes appearances at tuner events and car shows, the Nissan 370Z has roughly the same marketing heat as a pair of secondhand shoes. Last year, Nissan only moved 2,384 in the United States, with another 701 being sold in Europe — suggesting the decade-old (albeit fun) coupe may have outlived its usefulness years ago.

Its successor remains elusive, but persistent rumors claim Nissan is working on something to replace the venerable Z. Despite the manufacturer withholding any kind of confirmation, details leaked from dealer meetings suggest the brand is going with a heritage-inspired look, tapping vintage Z models for the design.

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  • Billccm Accepting that they can't compete with Hyundai and Kia opens that door for increasing market share for the Korean cars. I need to find a few more grand marquis and figure out the best way to store them as I'm not surrendering to a cute yute of F150 for my daily.
  • Slavuta That car that they sell for $80K... Sell it for $50K
  • NJRide I miss GM offering sedans.I don't miss a plasticky, uninspiring one not changed much from Obama's second term. As I have said before, the A-Bodies may have been an epoch but they had a certain charm to them. These have screamed rental class from Day 1 and have a third-world level engine.Sedans died because they got too cramped and too derivative. Especially the Big 3's offerings. The fact that there was no real move back to them when gas was $5 in 2022 shows this to be true. Then again the Trailblazer/Trax are hatches not SUVs. Non-identifying wagons and hatches along with on-road crossovers will be the "cars" of the upcoming era.
  • Paul Alexander Having not seen any Cadi interiors, I must say I'm always surprised at how well all of their current offerings look when I see them on the road. Particularly the CT5 and Lyriq. Not sure it counts for much as I almost never see them.
  • Zerofoo Some high school kid is going to love this car.