Category Archives: people

Medical Marijuana’s Role in Easing the Opioid Epidemic?

Both studies are concerned with ecological-level associations — that is, population-level trends. These bigger picture associations don’t provide information about what’s happening from person to person. For example, the studies don’t shed light on whether, at the individual-level, people are (or aren’t) substituting medical marijuana for opioids. Continue reading

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Groupe Renault Changes Execs – outsider Luca de Meo as CEO, Clotilde Delbos Deputy CEO

De Meo becomes the second executive to lead Renault (RNLSY) since Ghosn was arrested in Japan in 2018 and subsequently charged with financial fraud. Ghosn’s successor at Renault, Thierry Bollore, left last fall, in part it seems because he was a Ghosn protégé and after the collapse of a proposed merger with Fiat Chrysler in June that Nissan nixed. Continue reading

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Japanese Issue Arrest Warrant for Wife of Carlos Ghosn

Mr. Ghosn has scheduled a press conference today in Lebanon to give some comments on his arrest and pending trial. Carole Ghosn, not surprisingly, has been a vocal critic of the charges and Japanese justice system that is perverse by western standards. Continue reading

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Nissan Blasts Ghosn as Unfit to Serve as An Executive

“The internal investigation found incontrovertible evidence of various acts of misconduct by Ghosn, including misstatement of his compensation and misappropriation of the company’s assets for his personal benefit,” Nissan said. Continue reading

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Reuters Reports Carlos Ghosn Jumps Bail Before His Trial and Flees Japan for Lebanon Where He Can’t Be Extradited

“Ghosn’s abrupt departure marks the latest dramatic twist in a year-old saga that has shaken the global auto industry, jeopardized the alliance of Nissan Motor Co Ltd and its top shareholder Renault SA and cast a harsh light on the fairness of Japan’s judicial system,” Reuters reported.   Continue reading

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Universal City Nissan Sues Saudi Billionaire, Khaled al-Juffali and Nissan Motor, Among Others, over Payoff by Carlos Ghosn

auto industry commentary, autoinformed.com, Ghosn Matter, Kenneth Zino, West Covina Nissan, Glendale Nissan/Infiniti, Universal City Nissan, Morris Sage, Khaled al-Juffali, Byron Z. Moldo, Continue reading

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Nissan Scandal – a Gift That Keeps on Giving – Executive Officer and Vice COO Jun Seki Unexpectedly Resigns

The Nissan Corporate governance crisis is ongoing and comes as Nissan has started its new management under Representative Executive Officer, president and CEO Makoto Uchida as of December 1, 2019. Seki was to be a key executive in administering the turn-around that seeks to halt slumping sales, confusing brand images and expensive incentive programs. Continue reading

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Milestones: Tetsuo Ogawa, to Succeed Jim Lentz as CEO Toyota Motor North America

In his 38-year career, Lentz has been a part of a number of key moments in Toyota’s history. Continue reading

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Republican Rep. Christopher Collins Guilty of Insider Trading

Collins was the first U.S. Representative to endorse Donald Trump for President of the United States, perhaps recognizing kindred spirit in his approach to self-serving actions, and he served on Trump’s presidential transition team. He resigned his seat in 2019 and afterwards pled guilty to insider trading and lying to the FBI. Continue reading

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Thanksgiving 2019 – We Celebrate Our 399th Annual Feast

It was a war that was won – against all odds by militias, and irregulars forcing a standing British Army to surrender in the field for the first time since the tyrant Napoleon – because the Crown and its privileged generals were fighting an idea first put forth in our Declaration of Independence, then codified in our Constitution that “We the People” would govern ourselves. Now, once again, the courtiers of privilege and wealth are presiding over our fate. Continue reading

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New Executives For Safety, AV, Strategy, and Ford Credit

Ford Motor Company has made public the retirement of two longtime executives, new assignments for two corporate officers, and promotions to senior positions for three people at the company. Continue reading

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Akio Toyoda Wants Mobility Centered on People

Wacky marketing babble alert: “Through the evolution of artificial intelligence, I think that cars, too, can also become able to communicate with people and their hearts. that’s right… I think cars of the future will be like horses. Continue reading

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China – SEC Charges 18 Traders for Stock Manipulation

According to the SEC’s complaint, the traders used multiple accounts to place several small sell orders to drive down a stock’s price before using a different set of accounts to buy larger amounts of the stock at the artificially low prices. After amassing their position, the traders placed several small buy orders to push up prices so they could then sell their stock at artificially high prices. Continue reading

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Ghosn Shakeout is Ongoing as Thierry Bolloré, CEO Renault SA, is Fired by the Board of Directors

The Carlos Ghosn matter has turned into farce as investigations into Nissan and its JVs with Renault  0n corporate governance practices post Carlos Ghosn revealed layers of incompetence and/or malfeasance, as well as various degrees of criminal activity that are rarely observed in western corporations. Continue reading

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Fiat Chrysler Cops Plea on Fraudulently Reporting Sales

According to the SEC’s order, between 2012 and 2016, FCA US issued monthly press releases falsely reporting new vehicle sales and falsely touting a “streak” of uninterrupted monthly year-over-year sales growth. However, the growth streak had been broken in September 2013.  Continue reading

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