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Nissan, Ghosn Fined $16 Million... #5220365 09/23/19 09:56 AM
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Sayjac Offline OP
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Failure to Disclose $140 Million in Ghosn compensation. This is separate from the charges Ghosn and Kelly still face in Japan.

https://finance.yahoo.com/news/nissan-ghosn-fined-16-million-143210778.html

Re: Nissan, Ghosn Fined $16 Million... [Re: Sayjac] #5220460 09/23/19 12:11 PM
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racin4ds Offline
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I hope they go Bankrupt, they build total junk since the Renault venture, used to be one of the most reliable cars on the road, now you couldn't pay me to own one...


Just say NO to thin oils and M1!
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Re: Nissan, Ghosn Fined $16 Million... [Re: Sayjac] #5220471 09/23/19 12:22 PM
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ragtoplvr Offline
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They have made some truly fugly cars. The only good thing used to be the frontier, since the redesign, they suck gas and have a useless bed.

Rod

Re: Nissan, Ghosn Fined $16 Million... [Re: Sayjac] #5220528 09/23/19 01:13 PM
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KrisZ Online Content
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Actually, per the article, Ghosn got paid $140 million, Nissan paid 15 million in penalties and Ghosn paid a hopping $1mil. Talk about making it out like a bandit and getting a slap on the wrist.

Last edited by KrisZ; 09/23/19 01:14 PM.

2015 Grand Caravan 3.6L - 35k miles.
2006 Mazda 3 2.0L - 186k miles
Re: Nissan, Ghosn Fined $16 Million... [Re: Sayjac] #5220533 09/23/19 01:21 PM
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Alfred_B Offline
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Pocket change....

Re: Nissan, Ghosn Fined $16 Million... [Re: Sayjac] #5220552 09/23/19 01:36 PM
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PimTac Offline
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This is not the only fine coming.


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Re: Nissan, Ghosn Fined $16 Million... [Re: Sayjac] #5220568 09/23/19 01:58 PM
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madRiver Offline
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The Nissan haters come out yikes!

“Haters going to hate” - Taylor swift

Re: Nissan, Ghosn Fined $16 Million... [Re: madRiver] #5220600 09/23/19 02:35 PM
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AC1DD Offline
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Originally Posted by madRiver
The Nissan haters come out yikes!

“Haters going to hate” - Taylor swift

Seems so


I think the Japanese gov't should force the parting of Nissan from Renault and that so called alliance in return for a reduction of charges or penalties.

Only way for Nissan to reinvent themselves is to change course.

Re: Nissan, Ghosn Fined $16 Million... [Re: Sayjac] #5220612 09/23/19 02:42 PM
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Char Baby Offline
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I've heard talk of NISSAN breaking away from Renault.


"Retired"
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'15 Nissan Altima 2.5 SV
'15 Honda Civic 1.8 LX
Re: Nissan, Ghosn Fined $16 Million... [Re: Sayjac] #5220642 09/23/19 02:58 PM
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camryrolla Offline
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The good ol' boys club.


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Re: Nissan, Ghosn Fined $16 Million... [Re: Char Baby] #5220657 09/23/19 03:09 PM
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AC1DD Offline
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Originally Posted by Char Baby
I've heard talk of NISSAN breaking away from Renault.

I'm hoping that this is what happens, these "alliances" often times do more harm than good to these companies.
With Nissan Renault it's also a clash of cultures and national pride.

The fact is that you cannot eradicate human nature from business activities, some of which include, culture, and national pride.
Globalists are always proven wrong in the end, thank goodness.

Re: Nissan, Ghosn Fined $16 Million... [Re: Sayjac] #5220976 09/24/19 01:12 AM
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Char Baby Offline
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As member[racin4ds] said, Nissan "used to be one of the most reliable cars on the road". And they were. They were a nice alternative to the typical Hon/Yotas of the day for those who wanted something different.

My SIL has had quite a few Nissan vehicles since the '80s with good success except one. And I personally like driving them myself as they fit my criteria in regards to driver & passenger comfort, ride/quiet and just the simple everydayness of a vehicle...climb in, start it up and drive away.

For one of the top 5 car builders in the world, the reliability for their trannies and some other issues does have me concerned at times.

Last edited by Char Baby; 09/24/19 01:14 AM.

"Retired"
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'80 Firebird FORMULA V8/4bbl-purchased "NEW"
'15 Nissan Altima 2.5 SV
'15 Honda Civic 1.8 LX
Re: Nissan, Ghosn Fined $16 Million... [Re: Sayjac] #5220989 09/24/19 03:35 AM
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Sayjac Offline OP
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I'd think Nissan breaking away from Renault a very unlikely scenario now. According to link*, in March all parties (including Mitsubishi) sat down and reached an agreement giving Nissan "greater say so" on the Alliance board. Renault now has two votes, Nissan and Mitsu one each. The former Michelin CEO, J-D Sennard has taken over for Ghosn, however he agreed to a step back to vice-chair of Nissan.

Ghosn still faces charges in Japan, and just speculating that his undisclosed compensation package came to light for SEC as a result of his arrest last year.

" 'New Start' Renault-Nissan Alliance."

Re: Nissan, Ghosn Fined $16 Million... [Re: Sayjac] #5221040 09/24/19 05:55 AM
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Char Baby Offline
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It's a shame that a company such as NISSAN, who builds relatively nice cars(key word, nice), is making some poor decisions and having the quality problems while getting a bad reputation for those problems. They're getting the reputation for building the worlds worst CVT transmissions and it's all over the internet in all countries that they sell them in. I say, JUST FIX IT!


"Retired"
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'80 Firebird FORMULA V8/4bbl-purchased "NEW"
'15 Nissan Altima 2.5 SV
'15 Honda Civic 1.8 LX
Re: Nissan, Ghosn Fined $16 Million... [Re: Sayjac] #5221268 09/24/19 11:26 AM
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aquariuscsm Offline
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My Nissans were the best cars I ever owned.

I want to see the Japanese cars start being made in Japan again with all Japanese parts.


1996 Nissan 300ZX 5-speed,Arctic Pearl(#175 of 300)
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