Ghosn out as head of Nissan/Renault

radix023 · 11-19-2018, 08:38 AM

Ghosn arrested for financial violations in Japan.

Carlos Ghosn rebuilt Nissan rather successfully. His leaving will be the end of an era.

https://www.bloomberg.com/news/artic...asahi-joo251ln

UNKNOWN_370 · 11-19-2018, 08:55 AM

I was just gonna post. He stole all the Z and GTR money leaving Nissan with outdated sports cars. Douchebag. Maybe now we'll get a new Z & GTR!!!

He made Nissan PROFITABLE by cutting corners and keeping Nissan carsvaverage in cabin tech and falsified fuel efficiency. Nissan's are alwaysv 3mpg lower than stated even when super grannying the cars. He dumbed down a lot of cars like going from the juke to the kicks
Not adding Apple car play and Android auto to cars when Hyundai did it in 2015. And not giving the maxima the proper 4dsc specs. I'm praying someone comes in changing all of the above.

Rusty · 11-19-2018, 09:02 AM

I just read this. Azzhole

Spartan 1771 · 11-19-2018, 09:11 AM

Very disappointing.

Nixin · 11-19-2018, 09:12 AM

It's about time to see another corrupt CEO fall from grace.

danegrey · 11-19-2018, 09:45 AM

Dumbazz, amazing...
well and now we'll see what happens....

JARblue · 11-19-2018, 10:14 AM

Good riddance.

wanker · 11-19-2018, 10:56 AM

A brilliant CEO who brought Nissan back from the brink and built it into one of the largest car manufacturers in the world. Also a thief.

My guess is that he will argue that the Nissan board was aware of his true compensation, but colluded in underreporting this income given the French law capping CEO income.

sp911 · 11-19-2018, 12:33 PM

i'm sorry but no one should be making that much money.

God-Speed · 11-19-2018, 12:42 PM

I have always been a firm believer in "What goes around, Comes around." He will get his!!!

mishuko · 11-19-2018, 03:00 PM

Quote:

Originally Posted by sp911

i'm sorry but no one should be making that much money.

While i beg to differ compensation... the fact he reports less is bs.

Atleast if they accurately report income then they can be subject to the same tax laws that the workers face.

Come to canada. You can be a middle income earner pay about 30% in income tax + canadian pension contributions + unemployment insurance(non refundable if you never get to that and to get it is a headache) (aprox 3.5k a year max for both), and get taxed on your purchases (13% here). So i end up giving up more than half my income in taxes.

For a big income earner like a CEO they paying margjnally 51% on the dollar. So if they made 1mill they would pay shy 450k income tax. Im cool with that.

Magic Bus · 11-19-2018, 03:33 PM

The sheer arrogance and greed of these multi millionaire CEO's always makes me angry

. I'm sure, not just myself but most of us have no objection towards a CEO earning a good income, relative to his/her responsibility and profitability of a company, so why do they cheat?!

I feel for the employees of Nissan, as I'm sure they're disheartened and feel cheated. They must also feel somehat afraid for the stability of Nissan and long range employment.

As someone who's owned a number of Datsun/Nissan products, as well as optimistic future owner of a Z35. I truly hope, Nissan can overcome and be an even better company in the future.

KCZ · 11-19-2018, 03:51 PM

Quote:

Originally Posted by wanker

A brilliant CEO who brought Nissan back from the brink and built it into one of the largest car manufacturers in the world. Also a theft.

My guess is that he will argue that the Nissan board was aware of his true compensation, but colluded in underreporting this income given the French law capping CEO income.

I'd also guess the board was well aware, and the beans were spilled now as part of a management coup to get him out.

mishuko · 11-19-2018, 05:36 PM

Quote:

Originally Posted by KCZ

I'd also guess the board was well aware, and the beans were spilled now as part of a management coup to get him out.

Ding ding. No friggin way they wouldnt have known.

Rusty · 11-19-2018, 09:06 PM

Quote:

Originally Posted by KCZ

I'd also guess the board was well aware, and the beans were spilled now as part of a management coup to get him out.

Who's next on the board to go? Because it was an insider that spilled the beans.

11-19-2018, 08:38 AM	#1 (permalink)
radix023 Base Member Join Date: Mar 2017 Location: ATL Posts: 114 Drives: 2016-370z-silver-m6 Rep Power: 8	Ghosn out as head of Nissan/Renault Ghosn arrested for financial violations in Japan. Carlos Ghosn rebuilt Nissan rather successfully. His leaving will be the end of an era. https://www.bloomberg.com/news/artic...asahi-joo251ln Magic Bus likes this.

11-19-2018, 08:55 AM	#2 (permalink)
UNKNOWN_370 A True Z Fanatic Join Date: Jul 2009 Location: ny'r livn in tx Posts: 8,687 Drives: well over 130m.p.h. Rep Power: 14858	I was just gonna post. He stole all the Z and GTR money leaving Nissan with outdated sports cars. Douchebag. Maybe now we'll get a new Z & GTR!!! He made Nissan PROFITABLE by cutting corners and keeping Nissan carsvaverage in cabin tech and falsified fuel efficiency. Nissan's are alwaysv 3mpg lower than stated even when super grannying the cars. He dumbed down a lot of cars like going from the juke to the kicks Not adding Apple car play and Android auto to cars when Hyundai did it in 2015. And not giving the maxima the proper 4dsc specs. I'm praying someone comes in changing all of the above. Spartan 1771, JARblue, Rusty and 2 others like this. __________________ Favorite Quote. "I'm not gonna kill you... I'm just gonna Bash Your Face In" Jack Nicholson-"The Shining". 1980 Last edited by UNKNOWN_370; 11-19-2018 at 09:04 AM.

11-19-2018, 09:02 AM	#3 (permalink)
Rusty Ronin Samurai - Assassin Join Date: Dec 2011 Location: Fayettenam,Pennsyltucky Age: 68 Posts: 35,177 Drives: 2011 Nismo GM 6M Rep Power: 2684437	I just read this. Azzhole UNKNOWN_370 and Zbrah like this. __________________ 浪人 - 殺し屋 "The Difficult Anytime, The Impossible By Appointment Only" http://www.the370z.com/members-370z-...o-journal.html

11-19-2018, 09:11 AM	#4 (permalink)
Spartan 1771 A True Z Fanatic Join Date: Nov 2009 Location: Western Maryland Posts: 1,280 Drives: Wife crazy & 09 370Z Rep Power: 105454	Very disappointing. UNKNOWN_370 likes this. __________________ ~Rob -DD Air Guide, Stillen G3 CAIs, 63mm Throttle Bodies, Motordyne M370, Berk HFCs, FI TDX CBE (non-res, CF), Sprint booster v3, Ecutek Dyno Tuned, and the list goes on...

11-19-2018, 09:12 AM	#5 (permalink)
Nixin A True Z Fanatic Join Date: Sep 2015 Location: GWN Posts: 3,488 Drives: Goodbye Z! Rep Power: 19833	It's about time to see another corrupt CEO fall from grace. UNKNOWN_370, Spartan 1771 and busterbull like this.

11-19-2018, 09:45 AM	#6 (permalink)
danegrey A True Z Fanatic Join Date: Oct 2011 Location: Knoxville Age: 71 Posts: 3,190 Drives: 12 370Z BK Cherry M6 Rep Power: 649540	Dumbazz, amazing... well and now we'll see what happens.... Zbrah likes this. __________________ Lots of Changes the Z needs to be driven and driven hard for the car lives for it

11-19-2018, 10:14 AM	#7 (permalink)
JARblue A True Z Fanatic Join Date: Mar 2011 Location: Austin, TX Age: 43 Posts: 36,450 Drives: 11 Z34, 98 E36 M3 Rep Power: 2684440	Good riddance. Zbrah likes this. __________________ 2011 370Z 6MT Sport Gun Metallic \| ARC \| CJM \| Ecutek \| FI \| Fujimura \| R2C \| SPL \| Stillen \| TWM \| Z1 \| ZSpeed \|

11-19-2018, 10:56 AM	#8 (permalink)
wanker Enthusiast Member Join Date: Apr 2014 Location: San Diego Posts: 443 Drives: 2011 370Z S/T A7 Rep Power: 2901	A brilliant CEO who brought Nissan back from the brink and built it into one of the largest car manufacturers in the world. Also a thief. My guess is that he will argue that the Nissan board was aware of his true compensation, but colluded in underreporting this income given the French law capping CEO income. Spartan 1771 likes this. Last edited by wanker; 11-21-2018 at 12:17 PM.

11-19-2018, 12:33 PM	#9 (permalink)
sp911 Enthusiast Member Join Date: Feb 2014 Location: central connecticut Posts: 259 Drives: 2012 370z gun metal Rep Power: 11	i'm sorry but no one should be making that much money.

11-19-2018, 12:42 PM	#10 (permalink)
God-Speed A True Z Fanatic Join Date: Sep 2010 Location: Austin, Tx. Posts: 4,363 Drives: Prototype Rep Power: 2684377	I have always been a firm believer in "What goes around, Comes around." He will get his!!! Rusty and Airwilf like this. Last edited by God-Speed; 11-19-2018 at 04:42 PM.

11-19-2018, 03:33 PM	#12 (permalink)
Magic Bus A True Z Fanatic Join Date: May 2012 Location: Honolulu Posts: 1,427 Drives: 17 6MT M2 Rep Power: 18754	The sheer arrogance and greed of these multi millionaire CEO's always makes me angry. I'm sure, not just myself but most of us have no objection towards a CEO earning a good income, relative to his/her responsibility and profitability of a company, so why do they cheat?! I feel for the employees of Nissan, as I'm sure they're disheartened and feel cheated. They must also feel somehat afraid for the stability of Nissan and long range employment. As someone who's owned a number of Datsun/Nissan products, as well as optimistic future owner of a Z35. I truly hope, Nissan can overcome and be an even better company in the future. UNKNOWN_370, Spartan 1771, Rusty and 1 others like this.

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