It Looks Like We'll Have to Wait for Carlos Ghosn's Big Tell-all

Ousted Renault chief executive Carlos Ghosn, who was also dropped as Nissan and Mitsubishi chairman following his November arrest, seemed to appear on Twitter Wednesday, promising to give readers the straight dope on his situation.

“I’m getting ready to tell the truth about what’s happening,” the inaugural tweet of the verified account stated. “Press conference on Thursday, April 11.”

Well, it doesn’t look like that’s going to happen. Japanese authorities showed up at Ghosn Tokyo residence last night to re-arrest the fallen industry icon.

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Musk-SEC Battle Rages On; Regulator Claims Tesla CEO's Twitter Account Is Still the Wild West

There’s no shortage of distractions coming out of Tesla to take the focus away from a smoldering legal battle between the automaker and its favorite foe, the U.S. Securities and Exchange Commission.

The SEC, however, isn’t easily led astray by retail store turmoil and the promise of a crossover with no home. The regulator has stepped up its efforts to see Tesla CEO Elon Musk held in contempt of court for violating an earlier settlement agreement. At the root of the two contempt orders, the latest filed on Monday, is the source of all evil in today’s world: social media.

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More Legal Trouble for Volkswagen, Former CEO

While three and a half years have passed since the Volkswagen diesel scandal broke, its reverberations are still being felt. For the automaker turned green soothsayer, this usually comes with financial hardship attached, plus the requisite regurgitation of a past VW would like to see forgotten.

The latest salvo launched at VW over its emissions-rigged cars comes from the U.S. Securities and Exchange Commission, which is suing the company — as well as its former CEO, Martin Winterkorn — for the “massive fraud” it says VW perpetrated on investors.

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Ghosn Leaves Japanese Jail in Disguise, Out on $8.9 Million Bail

Former Renault CEO Carlos Ghosn has left a Tokyo prison after posting bail to the tune of $8.9 million. His 108-day detention ended with the industry titan being escorted out out the building while wearing a disguise that entailed a cap, surgical mask, glasses, and workman’s clothes.

Ghosn left the Tokyo Detention House around 4:30 on Wednesday afternoon, already beset by camera crews. According to reports, the former auto executive was steered away from a black van and pushed into a small Suzuki befitting his disguise — despite its failure to fool the media. He’s now in a secret, court-appointed residence where he’ll be under constant surveillance as he attempts to prepare his next move.

“I am also grateful to the NGOs and human rights activists in Japan and around the world who fight for the cause of presumption of innocence and a fair trial,” Ghosn said prior to his release in a statement. “I am innocent and totally committed to vigorously defending myself in a fair trial against these meritless and unsubstantiated accusations.”

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Carlos Ghosn Gets His Wish, Could Be Sprung From Jail This Week

In the auto realm, the term “bailout” doesn’t normally refer to the actual granting of bail, but Renault and alliance partner Nissan wasn’t in need of outside assistance — their former boss was.

After multiple attempts to secure release from a Tokyo detention center met with failure, Carlos Ghosn, arrested on suspicion of financial misconduct on Nov. 19, could gain limited freedom as early as Wednesday. Late Monday, word came that a Tokyo court finally granted bail to the former Renault CEO and Nissan chairman.

The high-flying industry titan who once rented the palace of Versailles for his wedding (using company funds, since paid back) has been behind bars for over 100 days.

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Ford's Fusion, a Popular Drug Mule, Is Still At It

Ford’s Fusion sedan has found itself in the headlines for illicit cross-border shipments before, and you know what they say about history repeating.

Regarded as the delivery vehicle of choice after caches of Mexican marijuana were found in U.S.-market models built at Ford’s Hermosillo plant, the sedan’s unlikely double life continues apace. Cartel operatives continue using the model in their smuggling operation, recently shipping a different type of drug to a country with absolutely no use for extra marijuana.

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Connecticut Driver Contends Alleged Cellphone Was McDonalds Hash Brown

(One of the above items is not like the other…)

Sometimes the most innocent actions can get you in trouble with the law, like the Maryland mother accused of using opiates because she ate a poppy seed bagel the morning she gave birth. A Connecticut man is challenging his conviction on a charge of distracted driving, claiming he was eating a McDonalds hash brown, not talking on his cellphone. No, this isn’t anything like Dan White’s supposed Twinkie Defense — the guy sounds like he has a legitimate case.

On April 11, 2018, Jason Stiber was pulled over in Westport. Westport PD Corporal Shawn Wong alleged that Stiber was talking on his cellphone while driving. Wong later told a magistrate that Stiber was holding a phone near his face and that his lips were moving. Stiber said the officer mistook his food for a phone. The magistrate apparently believed that Wong was right (sorry, I had to), and convicted Stiber of distracted driving, fining him $300.

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Ghosn to Pay Back Costs From Ritzy Versailles Wedding

While former Renault CEO (and ex-Nissan chairman) Carlos Ghosn is no longer living the high life, this wasn’t always the case. After performing an audit in the wake of Ghosn’s Nov. 19 arrest, Renault stumbled upon an improper use of a very exclusive venue, paid for with company sponsorship funds.

The event was Ghosn’s 2016 wedding, and the venue was France’s Chateau de Versailles — an opulent 2,300-room palace once home to kings and Napoleon.

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Mitsubishi Sides With Nissan in Merger Backlash, Ghosn Claims He Was Set Up

Depending who you ask, the November arrest of disgraced auto executive Carlos Ghosn was either swift justice or a coup d’etat — with some help from the Japanese government. Re-arrested in December and held ever since without bail, Ghosn faces breach of trust charges alleging the exec covered losses incurred through foreign exchanges with Nissan’s funds between 2008 and 2012. Those losses add up to $16.6 million, according to the prosecution. He’s also cited for misrepresenting his income.

However, Ghosn doesn’t see things that way. On Wednesday, he told the Nikkei business daily that he believed the charges against him were motivated by Nissan executives opposed to further integration with its French alliance partner, Renault SA. “All the evidence is with Nissan and Nissan forbids all employees to talk to me,” he elaborated.

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Ghosn's Days As an Auto Executive Could End Tomorrow

As the Carlos Ghosn saga slowly crawls its way towards a trial, the former Nissan and Mitsubishi chairman might soon add another “former” to his list of descriptors. In an effort to mend a rift in the automotive alliance, Renault’s board has scheduled an emergency meeting for Thursday, during which the pressure will be on to oust Ghosn as the automaker’s chairman and CEO.

As he cools his heels in jail, Ghosn isn’t in a position to offer much resistance to any decision rendered by the board. The exec has reportedly offered to resign.

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Ghosn's Bail Petition Rejected, Wife Slams Treatment

For detained industry titan Carlos Ghosn, getting out of the slammer has thus far proven an insurmountable challenge. Interned in a Tokyo jail since his Nov. 19 arrest, the Renault CEO and former Nissan chairman has repeatedly seen his bail appeals fall on deaf ears, with past indictments squashing previous hopes for release.

On Tuesday, a Tokyo judge denied his most recent appeal, despite Ghosn offering up nearly everything in return.

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U.S. Indicts Four Audi Managers for Diesel Deception

Four men tasked with developing a very dirty diesel engine for use in Audi vehicles have been indicted by a U.S. grand jury. The four, including the head of Audi’s Diesel Engine Development department, face charges of wire fraud, violation of the Clean Air Act, and conspiracy, all stemming from the development of an engine that didn’t have a chance of being certified in the U.S.

And, because they’re believed to be living in Germany, they’d best leave the U.S. off their list of vacation destinations.

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Ghosn Investigation Leads Top Nissan Exec to Bolt

Nissan’s chief performance officer, José Muñoz, has resigned from the company amid an broadened investigation into former chairman Carlos Ghosn’s alleged financial misconduct. Muñoz, 54, who also headed up Nissan’s Chinese business, previous had his hand on the tiller of the company’s North American operations.

Muñoz’s sudden departure, which comes just days after the exec took a leave of absence, points to turmoil in the upper ranks of the Japanese automaker, with one insider calling it a “purge.”

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'A Serious Erosion of Civil Liberties': Backlash Grows Over Canada's New Impaired Driving Laws

Can you be pulled over and ordered to blow into a breathalyzer, under threat of arrest, for the simple act of returning empty liquor bottles in the middle of the day? Sure can, at least if you’re living north of the border. It happened to a 70-year-old man in Mississauga, Ontario last weekend.

As part of a massive package of laws enacted in mid-December, Canadian drivers are waking up to the knowledge that the legal standard of “reasonable suspicion” no longer exists when it comes to interactions with the police — at least when pertaining to the combination of alcohol and motor vehicles.

This week, they’re learning it’s possible to face a drunk driving charge, even if you only started drinking after you got home.

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Ram and Jeep EcoDiesel Owners Stand to Earn a Nice Little Bonus in Fiat Chrysler Settlement: Report

As we told you yesterday, a settlement in Fiat Chrysler’s diesel quandary could come any day. Today, we’re telling you it could come, well, today.

According to sources who spoke to the New York Times, FCA plans to settle a 2017 Justice Department lawsuit by making a collection of 104,000 trucks and SUVs greener, while adding an average of $2,500 to owners’ wallets.

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