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2023 Japan Mobility Show Mega Photo Gallery: All the highlights and reveals from Tokyo
Fri, Oct 27 2023The 2023 Japan Mobility Show managed to serve up a surprise heap of exciting and futuristic designs and production reveals. Our staff was on the ground in Tokyo for this year's show, where we captured not just all of the latest automotive trends, but some genuinely weird and fascinating stuff. Browse: Some Delightful Oddities of the 2023 Japan Mobility Show But on to the cars. This year's show featured introductions from Daihatsu, Honda, Lexus, Mazda, Mitsubishi, Nissan, Subaru, Suzuki and Toyota. Some are weird; some are wild; most are probably destined to change significantly before production or merely fade into the void with the rest of the industry's vaporware, but if even a few of these make it to showrooms, we'll consider it a win. Scroll on down for our live galleries of each of the show's major debuts (and cars we're only now seeing in person for the first time). Enjoy!  BMW X2 and iX2 BMW X2 View 6 Photos  Daihatsu me:MO Concept Daihatsu me:MO concept View 14 Photos  Daihatsu Vision Copen Concept Daihatsu Vision Copen View 7 Photos  Daihatsu Osanpo Concept Daihatsu Osanpo View 6 Photos  Daihatsu Uniform Concept Daihatsu Uniform concept View 6 Photos  Honda Prelude Concept Honda Prelude concept View 5 Photos  Honda Sustania-C and Pocket Concepts Honda Sustania-C and Pocket Concept View 8 Photos  Honda CI-MEV Concept Honda CI-MEV View 3 Photos  Infiniti Vision Qe Concept Infiniti Qe concept View 14 Photos  Lexus LF-ZC Lexus LF-ZC View 8 Photos  Lexus LF-ZL Lexus LF-ZL View 10 Photos  Mazda Iconic SP Mazda Iconic SP concept View 8 Photos  Mitsubishi D:X Concept Mitsubishi D:X Concept View 8 Photos  Nissan Hyper Force Concept Nissan Hyper Force concept View 11 Photos  Nissan Hyper Tourer Concept Nissan Hyper Tourer concept View 6 Photos  Nissan Hyper Punk Concept IMG_6533 copy View 8 Photos  Subaru Sport Mobility Concept Subaru Sport Mobility Concept View 7 Photos  Suzuki Swift Suzuki Swift View 5 Photos  Suzuki eWX Suzuki eWX Concept View 3 Photos  Suzuki eVX Suzuki eVX concept View 4 Photos  Toyota Land Cruiser Se Concept Toyota Land Cruiser Se concept View 4 Photos  Toyota FT-3e Concept Toyota FT-3e View 6 Photos  Toyota FT-Se Concept Toyota FT-Se View 7 Photos   Tokyo Motor Show Honda Infiniti Lexus Mazda Mitsubishi Nissan Subaru Suzuki Toyota
Nissan, Renault in talks to merge as one company
Thu, Mar 29 2018Nissan and Renault have been tied together as an alliance for nearly 20 years, but now the Japanese and French automakers are discussing whether to merge. Bloomberg, citing unidentified sources familiar with the confidential talks, reports that the idea is to form a larger, single publicly traded company to better compete against giants like Toyota and Volkswagen. It would also mark the end of the alliance that first began in 1999 and also includes Mitsubishi, in which Nissan acquired a controlling interest in 2016. A full merger would help the companies pool resources to develop electric vehicles, autonomous vehicles and car-sharing services. It would involve Nissan giving Renault shareholders stock in the new company, with Nissan shareholders also gaining shares in the new company, Bloomberg reports. The new company would be run by Carlos Ghosn, the current chairman of both companies. But any such merger, as you might expect, would be complicated, in part by geopolitics. The French government owns a 15-percent stake in Renault, and both the French and Japanese governments might be reluctant to let go of their respective home-grown brands. Currently, Renault owns a 43-percent stake in Nissan, while Nissan owns 15 percent of its French partner. Reuters reported recently that Ghosn proposed buying most of the French government's stake in Renault as part of plans for a closer tie-up. The Renault-Nissan-Mitsubishi alliance already has been working to establish a $200 million mobility tech fund to invest in startups, a reflection of how seismic changes in the auto industry have left many legacy companies scrambling to stay current. Nissan in 2016 paid a reported $2.3 billion to acquire 34 percent of Mitsubishi in order to share platforms, technology, manufacturing and other resources. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Image Credit: Patrick T. Fallon/Bloomberg Earnings/Financials Government/Legal Green Mitsubishi Nissan Renault car sharing merger
Renault to alert prosecutors about Carlos Ghosn's wedding costs
Thu, Feb 7 2019PARIS — Renault has found evidence that it paid part of Carlos Ghosn's wedding costs and is preparing to turn the investigation over to prosecutors, two weeks after the French carmaker's scandal-hit chairman and chief executive was forced out. An internal probe established that a 2016 sponsorship deal with the Chateau de Versailles included a 50,000 euro ($57,000) personal benefit to Ghosn, the carmaker said on Thursday, confirming a report in Le Figaro. The carmaker replaced Ghosn on Jan. 24, more than two months after his arrest in Japan over allegations of financial misconduct uncovered by Renault's Japanese affiliate Nissan, which he also chaired. Renault began its own examination of payments to Ghosn within days of his detention but had not flagged any irregularities until now. Renault has discovered that "Mr Ghosn was accorded a personal benefit valued at 50,000 euros under the terms of a sponsorship contract with the Chateau de Versailles," the company said in a statement on Thursday. "Renault has decided to bring these findings to the attention of the judicial authorities." The office of Ghosn's Japanese lawyer Motonari Otsuru did not immediately respond to a request for comment. Ghosn remains in detention in Tokyo with limited opportunity to respond publicly to allegations against him. Renault had agreed before the wedding to sponsor 2.3 million euros of Versailles renovations in return for a credit granting the carmaker services from the chateau worth 25 percent of that amount, or 575,000 euros, a person with knowledge of the matter told Reuters. Le Figaro reported that the chateau allowed Ghosn to host his wedding reception on its grounds in exchange for Renault's donations to the Versailles estate, resplendent home to France's last kings. The rental fee was deducted from Renault's credit for use of the Grand Trianon at Versailles on Oct. 8, 2016, when Ghosn and his second wife Carole hosted their wedding reception at the 17th-century palace, the source said. The event had already attracted public attention for its opulence and Marie Antoinette-themed costumes. The Renault board was informed about the discovery on Wednesday, as reported by Le Figaro, the source added. Earnings/Financials Government/Legal Mitsubishi Nissan Renault renault-nissan