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Carlos Ghosn sacked


Nick2342
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Time to bring back Datsun. 

Just take it as 

 

"GONE"

 

[laugh]

 

https://www.datsun.com/

Same here. The car that inspired me to study and learn the automotive trade.

 

It was a R34. I wish the R35 kept the straight six aka RB26 as the Supra has done but the VR38 is pretty much almost on the same page. Both can make 1k hp without major reinforcing of the engine block.

 

Hope the R36 goes back to its roots.

 

Unlike go back to IL6 for such niche car.

 

Supra is using BMW IL6.

 

The only reason Merc can go back to IL6 due to sheer volume.

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And bring back the bluebird

Nissan Bluebird is the predecessor of the Cefiro (which is the predecessor of the Teana). Those were the days when Nissan still made quality top-notch cars. 

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Nissan Bluebird is the predecessor of the Cefiro (which is the predecessor of the Teana). Those were the days when Nissan still made quality top-notch cars.

I remembered the early 80s bluebird.. Big and comfy... Then it was replaced by a smaller bluebird...
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Nissan Bluebird is the predecessor of the Cefiro (which is the predecessor of the Teana). Those were the days when Nissan still made quality top-notch cars. 

 

Nissan Bluebird was never a predecessor of cefiro, bluebird is a standalone model to put in between sunny & cedric till 2002.

 

Nissan Cefiro only joined in during the 80s as standalone model to take primera's role while primera upgraded to another higher class.

 

Year 2002 Bluebird SSS

 

01w.jpg

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Hmmm...

 

Why only after 19 years later?

He became CEO of Nissan in 2008 so that's 10 years (he did step down in 2017 though). But anyway, I guess they milked him for all he's worth. He achieved not just business success but media popularity in Japan - manga and bento boxes. Something quite extraordinary for a person of foreign origin in that highly xenophobic culture. Maybe they were resentful of that.

 

They might have been looking for a pretext for a long while and a new whistle-blower immunity law made a neat arrest possible. The corporate people quickly capitalised on it to distance themselves from him.

 

Or maybe it's just an uncomplicated prosecution without an ulterior motive.

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https://www.datsun.com/

 

 

Unlike go back to IL6 for such niche car.

 

Supra is using BMW IL6.

 

The only reason Merc can go back to IL6 due to sheer volume.

Yeah i guess. Just a little sad that the RB26 is dead and while the Supra is using a BMW sourced I6 it is still an I6.
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He became CEO of Nissan in 2008 so that's 10 years (he did step down in 2017 though). But anyway, I guess they milked him for all he's worth. He achieved not just business success but media popularity in Japan - manga and bento boxes. Something quite extraordinary for a person of foreign origin in that highly xenophobic culture. Maybe they were resentful of that.

 

They might have been looking for a pretext for a long while and a new whistle-blower immunity law made a neat arrest possible. The corporate people quickly capitalised on it to distance themselves from him.

 

Or maybe it's just an uncomplicated prosecution without an ulterior motive.

 

It could be a tussle of power btw Nissan and Renault.

 

Ghosn from Renault.

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He became CEO of Nissan in 2008 so that's 10 years (he did step down in 2017 though). But anyway, I guess they milked him for all he's worth. He achieved not just business success but media popularity in Japan - manga and bento boxes. Something quite extraordinary for a person of foreign origin in that highly xenophobic culture. Maybe they were resentful of that.

 

They might have been looking for a pretext for a long while and a new whistle-blower immunity law made a neat arrest possible. The corporate people quickly capitalised on it to distance themselves from him.

 

Or maybe it's just an uncomplicated prosecution without an ulterior motive.

 

Eh... this is macham like "He's either in SG or he's not"  [laugh]  [laugh]  [:p]

It's either conspiracy theory. Or he's just too damn greedy lol

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Hmmm...

 

Why only after 19 years later?

Read he is planning to merger Renault with Nissan, which will tilt the balance of power to the French and the Japs had moved to reserve their position. Nissan builds better cars and sells more of them than the French, so hard for the Japs to stomach becoming a French company and having to report to Paris.

Eh... this is macham like "He's either in SG or he's not" [laugh][laugh][:p]

It's either conspiracy theory. Or he's just too damn greedy lol

Greed Is his weakness, and the Japs probably used it against him.

 

If only everyone is as humble as Warren Buffet.

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Read he is planning to merger Renault with Nissan, which will tilt the balance of power to the French and the Japs had moved to reserve their position. Nissan builds better cars and sells more of them than the French, so hard for the Japs to stomach becoming a French company and having to report to Paris.

Greed Is his weakness, and the Japs probably used it against him.

 

If only everyone is as humble as Warren Buffet.

 

No wonder.

 

Renault refuses to remove Carlos Ghosn despite shock arrest https://www.theguardian.com/business/2018/nov/20/carlos-ghosn-renault-nissan-arrested-japan

Renault defied its partner firm, Nissan, and the French government on Tuesday night as its board decided to retain Carlos Ghosn as its chairman and chief executive in spite of his shock arrest by Japanese prosecutors.

Renault’s board promoted Thierry Bolloré to deputy chief executive to head the company, but said the appointment was only made on a “temporary basis” in Ghosn’s absence.

Ghosn, the head of the Renault, Nissan and Mitsubishi car manufacturing alliance, is chairman and chief executive of Renault. He is also chairman of Nissan and Mitsubishi.

The actions of Renault’s board stand in stark contrast to those of its partners in the alliance, both of which quickly said they would remove Ghosn from their boards after Nissan said he had understated his income on financial statements.

In a statement following the board meeting, Renault said: “The board is unable to comment on the evidence seemingly gathered against Mr Ghosn by Nissan and the Japanese judicial authorities.”

Renault asked Nissan to share all of the evidence against Ghosn “on the basis of the principles of transparence, trust and mutual respect set forth in the Alliance Charter”.

Bolloré had written on Tuesday morning that Ghosn still had the “full support” of senior executives in a memo to staff published on an internal website.

Nissan said Ghosn was exposed by a whistleblower in a development thatshocked the automotive industry.

highly influential figure in the sector in recent decades, the French-Brazilian executive forged an alliance between France’s Renault and Japan’s Nissan and Mitsubishi that created the world’s second largest car manufacturer.

Ghosn’s arrest in Tokyo prompted calls for his replacement. Bruno Le Maire, the French finance minister, said Ghosn had to step down from the French carmaker, in which the French state holds a 15% stake, as doubts rose about the ability of the alliance to survive without the unifying presence of its architect. “Carlos Ghosn is no longer in a position where he is capable of leading Renault,” Le Maire told France Info radio. “Renault has been weakened, which makes it all the more necessary to act quickly.”

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Osamu Masuko, Mitsubishi’s chief executive, said on Tuesday he thought the three companies in the alliance would appoint separate new chairs because there was no executive of Ghosn’s calibre who could take on the combined role. “I don’t think there is anyone else on earth like Ghosn who could run Renault, Nissan and Mitsubishi,” Masuko told reporters in Tokyo.

The split between the alliance partners will raise questions about whether the companies will continue to pursue closer integration. The Financial Times reported on Tuesday that Nissan board members had tried to block a plan, recently pursued by Ghosn, to merge fully.

Renault said it remained “particularly focused on the consolidation of the Renault Nissan Mitsubishi alliance”.

Ghosn’s downfall was expected to trigger a battle between Japan and Francefor control of the alliance, which has an unorthodox governance structure. Renault owns 43.4% of Nissan, while Nissan owns 15% of Renault and 34% of Mitsubishi.

Hiroto Saikawa, Nissan’s chief executive, has previously expressed his opposition to a full merger between his firm and Renault. Saikawa appeared to distance himself from Ghosn’s reign in a press conference announcing his arrest on Monday.

Bolloré is perceived by analysts as a capable replacement for Ghosn at Renault, although it remains unclear if he will lead the alliance. Bolloré, a 55-year-old French national, started his career in 1990 at tyre maker, Michelin. He joined Renault in 2012, and was appointed chief operating officer in February this year.

Shares in Nissan plunged in Tokyo on Tuesday, ending down almost 5.5% and pulling the Nikkei index to a three-week low. Renault shares fell another 1.2%, after losing more than 8% on Monday.

Japanese prosecutors confirmed on Tuesday that they are investigating whether Ghosn and another senior Nissan executive, Greg Kelly, understated Ghosn’s income over five years from 2010. They are accused of reporting only half of his actual salary of almost 10bn yen (£69m) during the period. Ghosn is also accused of personal use of company assets.

Japan’s public broadcaster NHK reported that Nissan paid “huge sums” to buy luxury houses for Ghosn in four cities around the world. The properties, in Rio de Janeiro, Beirut, Paris and Amsterdam, were acquired “without any legitimate business reason”, it claimed.

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Eh... this is macham like "He's either in SG or he's not" [laugh][laugh][:p]

It's either conspiracy theory. Or he's just too damn greedy lol

Haha yes I've learned from the best. Now all I need is to find someone to pay me the millions to spout such stuff. [laugh]

It could be a tussle of power btw Nissan and Renault.

 

Ghosn from Renault.

Yeah true. Japanese resentment over being subjugated in a sense to a French company and a non Japanese boss.
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Turbocharged

Hope so.. Ghosn was pushing for electric vehicles and hybrid iirc. The next GT-R etc also rumored to feature a V6T hybrid powertrain V6T.. really unthinkable on a iconic halo platform.

Hopefully the new in charge is more into pure ICE development.

 

Honestly, how much money is made off the GT-R compared to Qashqai and Honda hybrids these days?

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