Carlos Ghosn, the man credited with saving Nissan from bankruptcy in the late-1990s, allegedly lied about his salary to investors and used company money for personal expenses, the automaker said Monday. In a statement, Nissan said it would remove Ghosn and another director, Greg Kelly, after an internal investigation revealed the alleged fraud. The Washington Post reported that Ghosn was arrested Monday. "The investigation showed that over many years both Ghosn and Kelly have been reporting compensation amounts in the Tokyo Stock Exchange securities report that were less than the actual...
NHTSA Ends Investigation Into Mustang Manual Transmission
The NHTSA has ended its investigation in shifting issues with Mustang manual transmissions, finding no reason to issue a recall notification.Kurt Ernst