RE: Going going Ghosn

[anonymous-user]

Fast Bug said:

northwestrecovery said:

How did he do a great job ? , he brought two semi crap car companies together and made both totally crap ! every micra engine needed a timing chain @ 40k miles every navara either blew up or snapped in half every qashqai needs a new engine every 2 years as does the capture and auto gearbox's that fall to bits . i think he merged 3 companies the third being cadburys . he should get life .

I'd say saving 2 companies from going pop and saving tens of thousands of jobs in the process isn't a bad job. I've also seen to Navaras this morning that hadn't snapped in half or blown up, so I think you may be a little out on your views on how reliable their products are?

Ex wifes 2006 Micra SR160 is knocking on for 200k miles with no mechanical issues of any sort. Got a few electrical gremlins now though!

To say they "all" do this and "all" do that is obviously bks. Nissan would have gone bust a dozen times over if every Qashqai needed an engine every 2 years. These white goods dross cars also suffer higher levels of neglect than proper cars so I'd expect higher failure rates on older ones.

[Abbott]

linkup1234 said:

Is it just me but somewhat reminiscent of a previous Lotus CEO re houses......

What makes no sense to me is how would anyone know what he has or hadn’t declared on his personal tax return apart from the Tax Office or his Accountant?! Why would Nissan know anything on this front?!

It is the Japanese equivalent of the Securities and Exchange Commission (SEC) where public listed companies have to declare such things as board members remuneration etc. So is public information. With all the news about his pay package it may not have been too difficult to spot such a large discrepancy.

[Pommy]

xjay1337 said:

LotusOmega375D said:

If he had anything to do with introducing the Qashqai, then they should throw away the key.

I agree!! What a horrific car.

I've driven 3 for somewhere betwee. 500 and 2000 miles each - they are absolutely fine but bland - they weren't badly built, they didn't break, they rode, handled and drove without problem but also without character, gearboxs were a bit meh but overall they were just regular normal cars - what am I missing with regards to being 'horrific'?

[anonymous-user]

Pommy said:

I've driven 3 for somewhere betwee. 500 and 2000 miles each - they are absolutely fine but bland - they weren't badly built, they didn't break, they rode, handled and drove without problem but also without character, gearboxs were a bit meh but overall they were just regular normal cars - what am I missing with regards to being 'horrific'?

It's what all the cool kids say on the internet to identify them as hardcore driving Gods.

[billshoreham]

I worked for Nissan when it was called Datsun. the Chair then was a Mr. Octav Botner.
touch of deja vu.

[big_rob_sydney]

I have no details, but would suggest that compensation packages for very senior staff can often get complicated. It's not just (weekly salary * 52).

I would love to know the details. Anybody got a link to the specific claims against him?

[Wills2]

One of them is that millions had been spent to purchase and renovate the homes in Brazil, Lebanon, France and the Netherlands, which had no business purpose, reported by the Japanese media.

[cookie1600]

big_rob_sydney said:

I would love to know the details. Anybody got a link to the specific claims against him?

https://www.autoblog.com/2018/11/20/carlos-ghosn-what-misconduct-explained/

[Pommy]

Well he won’t be seeing a Sunny day or a city Skyline for a while after using Nissan as his personal Qashqai. I think they’ll take a Micrascope to the books and find he had too much inFluence over the money. Will he get 5,19 or 21 years for this? Not sure but when gets out hopefully he’ll turn over a new Leaf.









I’m here all week.

Edited by Pommy on Tuesday 20th November 22:15

[AppleJuice]

Pommy said:

Well he won’t be seeing a Sunny day or a city Skyline for a while after using Nissan as his personal Qashqai. I think they’ll take a Micrascope to the books and find and find he had too much inFluence over the money. Will he get 5,19 or 21 years for this? Not sure but when gets out hopefully he’ll turn over a new Leaf.









I’m here all week.

His Latitude might change - he might take the Scenic route, making Note of the Modus operandi of the investigation as it develops, keeping his finger on the Pulsar.

[Pommy]

AppleJuice said:

Pommy said:

Well he won’t be seeing a Sunny day or a city Skyline for a while after using Nissan as his personal Qashqai. I think they’ll take a Micrascope to the books and find and find he had too much inFluence over the money. Will he get 5,19 or 21 years for this? Not sure but when gets out hopefully he’ll turn over a new Leaf.









I’m here all week.

His Latitude might change - he might take the Scenic route, making Note of the Modus operandi of the investigation as it develops, keeping his finger on the Pulsar.

Well when he started he had such a Kangoo attitude and was the Master of turning companies around. Now it seems he’s gonna spend 10 years being nice to the guards on Patrol and trying not to be called Zoe by his new cell mate Cedric.

[otolith]

The arresting officers.

https://youtu.be/rWflrCrwUSw

[406dogvan]

When Renault and Nissan got together, you kinda hoped some of Nissan's record for sensible design and reliability would rub-off - sadly the opposite happened

Modern Nissans have descended to the level Renaults never left - rammed with unreilable/touchy half-baked technology and engines/gearboxes made of chocolate...

You cannot beat Renault/Nissan engineers for stupid - PSA try but they're not in the same sport.

Random Example.

Changing a sidelight fuse on Kangoos and other related vehicles goes like this

1 - remove airducts, battery, battery tray (GL if that's rusted solid as they all are after about 3-4 years) and ECU
2 - fish the fusebox out of it's hole - remove it's cover
3 - find and change the fuse
4 - throw a jump-pack onto the battery leads to test the fix (you hardly want to reassemble the thing if there's a short!!)
5 - reassemble the thing

Tools required - spanners, sockets, extensions, release oil, plasters and coins for the swearbox

Then there's where Nissan put their blower motors on stuff like Micras/Notes etc. - why wouldn't you want to remove THE ENTIRE DASHBOARD (or the windscreen - your choice)

Garbage...

[linkup1234]

Abbott said:

It is the Japanese equivalent of the Securities and Exchange Commission (SEC) where public listed companies have to declare such things as board members remuneration etc. So is public information. With all the news about his pay package it may not have been too difficult to spot such a large discrepancy.

I get that but still doesn’t make sense this whilstle blower would have to know what he declared on his personal tax return regardless of what a public company disclosed as your remuneration. Additionally accounting and exchange disclosures bear NO resemblance to your tax return when you are talking non-cash shares etc. it’s not treated like you base pay as it involves hideous assessments of value and timing and type of tax.

[Aluxo]

Turns out Ghosn was apparently looking to merge Renault and Nissan, and that the board of the latter was looking for ways to block the merger. Looks like they found the way!

[tigerkoi]

Aluxo said:

Turns out Ghosn was apparently looking to merge Renault and Nissan, and that the board of the latter was looking for ways to block the merger. Looks like they found the way!

Bingo.
Running on the other Ghosn thread, I think this was just an old fashioned coup. The Nissan contingent had just boiled over and reached critical mass to stab the boss.

As I’ve said, misconduct charges at CEO level are extremely rare. It’s too noisy, share moving, and much easier to sort a package and cut ties.

This is a stitch up and the “whistleblower” is likely a senior exec/c-suite level guy who was indulged with similar things that Ghosn was accused of and for exemption from punishment has called out what’s likely usual behaviour for the wider agenda to get a foothold.

[big_rob_sydney]

Early days, and I'm sure a lot of forensic accounting will be done that will consume significant time (when you're in a position like this guy, you can afford to throw money at the defense).

I read today that it's not all so cut and dried:

https://www.news.com.au/finance/business/manufactu...

Interesting days ahead for the firm. Just a shame though because he saved a lot of jobs, and that's a lot of average mums, dads, and kids, who had mortgage payments and food on the table.

[Fast Bug]

Wills2 said:

One of them is that millions had been spent to purchase and renovate the homes in Brazil, Lebanon, France and the Netherlands, which had no business purpose, reported by the Japanese media.

And to think the fkers went through my expenses with a fine toothcomb whilst Carlos was doing houses up with his

[GranCab]

billshoreham said:

I worked for Nissan when it was called Datsun. the Chair then was a Mr. Octav Botner.
touch of deja vu.

Octav Botnar founded Datsun UK ... read on Macduff ...


https://en.wikipedia.org/wiki/Octav_Botnar

[big_rob_sydney]

GranCab said:

billshoreham said:

I worked for Nissan when it was called Datsun. the Chair then was a Mr. Octav Botner.
touch of deja vu.

Octav Botnar founded Datsun UK ... read on Macduff ...


https://en.wikipedia.org/wiki/Octav_Botnar

Thanks for that link. In a similar vein, it strikes me that Botnar build a huge business, which looks like it was fundamentally shut down by issues associated with Inland Revenue.

Not to get into a huge discussion about taxation, but I do wonder how many people lost their jobs (and what personal income tax went with it), along with how many lost their houses, etc. Will we see something similar happen here with CG? Probably not, as he is a manager, not an owner I guess. But he did turn around a business, and I question if his replacement, if it comes to that, will be as good at turning a profit as he was.