Yuri Kageyama Associated Press Published 9:57 AM EST Jan 11, 2019 Tokyo – Nissan’s ex-chairman Carlos Ghosn was charged Friday with breach of trust, according to the Tokyo District Court, making the star executive’s release unlikely for months to come. Ghosn, arrested Nov. 19, was earlier charged with falsifying financial reports in underreporting his income by about 5 billion yen ($44 million) over five years through 2015. Ghosn; Greg Kelly, another Nissan executive; and Nissan as a legal entity also were charged Friday with additional underreporting of income, from 2015 through mid-2018. Ghosn’s lawyer Motonari Ohtsuru filed a request that Ghosn be released on bail. His detention period for the breach of trust allegations would have expired Friday if charges had not been filed. Kelly and Nissan were not charged with breach of trust. Those allegations center on Ghosn’s handling of investment losses and payments made to a Saudi businessman. Ghosn, … [Read more...] about Ex-Nissan chair Ghosn indicted for breach of trust
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You are here: Home » Podcast » Weekend Drive » December 8, 2018 @ 12:01 am Comments Email Subscribe to the podcast Want to automatically download the newest podcast when its available? Here's how: iTunes: "Weekend Drive" is available on the iTunes Store and through the 'Podcast' app pre-installed on all iOS devices. Click here to subscribe. Google Play: "Weekend Drive" is available for Android devices on the Google Play store. Click here to subscribe. Send us a LetterHave an opinion about this story? Click here to submit a Letter to the Editor, and we may publish it in print. Related Stories How the Jeep Gladiator ‘entertained’ in L.A. » Musk, Ford, UAW top our 2018 'turkeys' list » Can Ford's baby Bronco take on Jeep's Renegade? » Volvo's Anders Gustafsson on trade, U.S. production and subscription worries » Aston … [Read more...] about Mitsubishi’s Fred Diaz on dealer demands, incentives and Ram
Driving the 2018 Mitsubishi Eclipse Cross through Florida Written by Marco Carvajal Photographs by Marco Carvajal, Guy Spangenberg & Mitsubishi Mitsubishi is reviving its well-known sedan eclipse. The eclipse brand is now reborn as a luxury SUV under the name Eclipse Cross. The new modern and stylish Crossover Utility Vehicle, the 2018 Mitsubishi Eclipse Cross is as a medium-sized CUV with an European-like trendy design, super All-Wheel Control system, a panoramic sunroof and a powerful direct turbine engine. The Eclipse Cross feels like a $40K+ car, it looks like an European SUV, not too far in exterior beauty from the Porsche Cayenne, BMW and Audi. But it is possible to buy it for only $23,000 in the United States. Introduction This is my second test drive of this new CUV, first time I drop the Eclipse Cross through California and now the second time I drove the Eclipse from North Florida all the way south to Miami. Loaded the cargo trunk with suitcases and took my … [Read more...] about 2018 Mitsubishi Eclipse Cross Great Value and Luxury Design
As part of efforts to better serve customers living in rural areas outside Kuching, Sarawak, Mitsubishi Motors Malaysia (MMM) has launched the Mitsubishi Mobile Service Unit there. “As part of our after sales business expansion program, the Mitsubishi mobile service unit is to provide greater convenience and assurance for our customers living in rural areas in Sarawak that are far away from authorised Mitsubishi service centres,” said Tomoyuki Shinnishi, CEO of MMM. “The Mitsubishi mobile service unit is capable of servicing up to ten cars per day and will cover vehicle schedule maintenance, inspection of vehicle wear and tear, and timing belt replacement,” he added. Using a Triton as a base, the mobile service unit is equipped with a Mitsubishi vehicle diagnostic scanner, hydraulic jack with stand, air compressor and tool sets. There’s also room for spare parts such as oil filters and lubricants, as well as a generator for power supply. The mobile … [Read more...] about Mitsubishi Mobile Service Unit launched in Kuching
The sub-subcompact “city car” segment is one of those rare occurrences where Canadians have it better than Americans in terms of choice and price. While the U.S. fields just two of these tiny runabouts (the Smart Fortwo Electric Drive does not count, and we’re not counting the Fiat 500, either), Canucks can warm their frozen cockles knowing there’s three four-door, ultra-cheap models waiting for them at local dealers. Not only that, but all three models carry an MSRP in the four-figure range. Just barely, but in a country where an A&W Uncle Burger cost your author $9.03 last week ($9.03! No combo, either), this is tantamount to bank robbery. So, as we take a look at the changes Chevrolet has in store for its 2019 Spark, let’s gauge the overall health of this tiny segment — north and south of the border. First, the new Spark. For the coming model year, the most diminutive of Chevys joins its larger siblings in adopting a larger stacked grille, now … [Read more...] about As Chevrolet Readies a Brighter 2019 Spark, How’s the Scorching Minicar Segment Doing?