Hey guys, You should make a video talking about yourselves and how Donut was started about the founder of Donut Media and many more things about your organization.

It's funny because some Japanese Nissan officials were also caught stealing funds just like Ghosn, however, they got no jail time and only had to apologize. In the video, you guys didn't mention the takeover attempt by Hari Nada. There is also the fact that Nissan's top lawyer, Ravinder Passi was fired and had his Tokyo house raided by the police after he reported to the Nissan board about some suspicious activity regarding Ghosn's case.

As a Japanese, there are a couple more aspects I'd add. In Japan, restructuring is considered more an open secret (as in "The less we talk about it, the better"), instead of just another unlucky event you have no control over and that you'll probably face as something you'd just have to accept like in most of Euro-Aust-America. Dismissal is notoriously difficult thanks to both cultural tradition (firing people is considered disgraceful and ruinous to people's faces (as in their honour/pride)) and the legal precedent deriving from the cultural basis. What is more often done is to progressively make people's work more menial/humiliating, or less lucrative to give the informal signal that they want to let you go - though a couple of recent lawsuits made this constitute as workplace harrassment. The restructuring Ghosn did itself isn't all that unusual, I think, when other Japanese companies also have been restructuring as well since the 90s. If anything, I reckon the other corporations are more insidious as they kept the wages low, and were complicit with the powerless/useless labour unions to keep it that way. Agreed with the lack of legal representation in the Japanese justice system. We had cases of justice miscarriages because of this, and one case even involved the prosecution agency tampering with evidence. Google "Atsuko Kimura" (the former bureaucrat for the Ministry of Labor and Health) for one example. Sure, Ghosn might have been acting inappropriately in a few cases, but for one, there aren't many details or exact extent of misappropriation disclosed. And some that are disclosed, like family vacations or rent payments for homes are more like stipends for expats working overseas like my dad was previously paid with. Also, other Japanese corporations (I can think of at least Olympus back around 2010) also did shady accounting and worse hid massive losses from the public, and many of those executives got away with it, so I think there is selective corporate politics involved. There's also the questions of how complicit everyone else at Nissan was, and they also darn well should at least face some scruitny.

You forgot to mention that Saikawa had to quit the company for the same reason that Ghosn was arrested for. Also, Saikawa signed off on all compensation packages for Ghosn. And what happened to Saikawa, he apologized and all was honky dory with the police and Nissan. I have never been a fan of Ghosn but he was definitely railroaded here.

The Ghosn case is fascinating, because there are layers upon layers here. It's probable that Ghosn was crooked. It's not uncommon for CEOs and other high level executives to have some shady dealings, and it's also not uncommon for everyone to look the other way until said CEO or high level executive becomes inconvenient. At the same time, the video only just scratches the surface of how wild the Japanese justice system is. That 99.4% conviction rate is the product of what critics call "hostage justice." If the police think you committed a crime, they'll just interrogate you until you confess. That 23 days is already absurdly long compared to much of the rest of the world, and they can find ways to keep resetting the clock for months on end. In the end, whether or not Ghosn was as crooked as he was made out to be, escaping in a box was probably the best possible outcome he could have hoped for.

Nothing better than starting a day with a fresh Donut Media video. I've done extensive researches on Carlos' history, thanks for the vid...

The resume says "failed comedian" but James literally makes me laugh multiple times in every video he's involved with. You rock dude

Ya'll consistently making some of UKposts's best content, day in, day out, editing world class, whole team strong. I love all of you for different reasons.

Even if the charges against Carlos Ghosn are true I do not blame him for fleeing Japan, because it's justice system is so messed up. Carlos Ghosn was held for weeks on end, in solitary confinement, and without access to a lawyer. Which is considered a violation of human rights.

A loooooooot of important parts were cut out. Probably most important one - how Carlos established an alliance with Renault. And Japanese government (which has a huuuuuge control over major Japanese businesses) was against that alliance but still allowed it with some conditions to make sure that Nissan will stay Japanese. And Carlos was slowly making different schemes under the table that compromised those conditions. And some of those schemes were really big. There were also other factors in this story. But basically he angered Japanese part of Nisan's higher-ups and Japanese government. This was probably the most important part of the story - everything else was mostly used to have him sit in jail. And also there is an afterstory about green berets that evacuated him - their homeland gave them up to Japanese government and they sat in Japanese jail for some time. Carlos IS an excellent manager - like on a genius level. But basically, this is a story about a bunch of evil politicians and businessman (including him)

Thx for the video! Great way to pass the day and you also know what subjects we like!!

The choice for CVT wasn't really problematic as those can work perfectly fine. The choice for Jatco instead of Fuji was a problem, as was the choice to push the torque limits and manufacturing costs.

9:43 Important point regarding the Xtronic CVT: they weren't just bad, _they were defective._ Nissan settled a multi-billion dollar class-action lawsuit regardless those transmissions, and the terms _still_ didn't cover everyone affected. Signed someone who lost her shirt on a 2015 Sentra.

Speaking of nissan, there's another story of one guy named Nissan actually fighting against the Japanese carmaker because of website domain dispute. I hope you can tell the bizzare story about the guy named Nissan vs The Japanese Carmaker...

Thank you donut media. Love how much effort you guys put into your videos

The fact that we get free documentaries on UKposts by Donut Media is truly a gift 👍👍👍

I was a Nissan guy till the 2000’s after I had 2 cars blow up 3 years apart, I switched to Toyota. 4Runner with 200k miles later and I’m happy. Quality over cost.

Oh yes, who'd imagine that a Brazilian-Leabanese foreigner, in one of the most conservative countries in the world, that fired thousands of nationals while making a complete management look plain stupid would have to deal with a rather grey legal prosecution and possible corporate-government collude

This is one of the greatest stories in automotive history.

Being a foreigner in Japan is almost a deadly crime. Take it from me someone who lives here

He should be locked up for the Nissan Cvt.

Ghosn's work to turnaround Infiniti was also a very interesting story. Infiniti was on the verge of bankruptcy in the 90s and he blamed BMW for taking all the marketshare. So they set out to make sporty luxury cars, and in 03 when the G35 launched, it was Motortrend car of the year and was better than the BMW 330Ci in every area. It sold a ton and most Infiniti cars used the same parts. The FX35 was one of the first sport SUVs. Then they followed up with the hugely successful G37. Then the IPL. Then the 3.0t powered Qs. They were on a hot streak until he got arrested.

I love “Up To Speed”, I get excited every Thursday for it and this one didn’t disappoint!

Been waiting for this!

It's crazy to see them upload at 5am PST.. I can start my early morning with some good ol Donut

congrats on getting so far! love your stuff from the beginning

Cool video about documenting Nissan's CEO Carlos, oh and btw, I'd like to suggest to make a full documentary about 24hrs of Le Mans (since you've already documented about F1 which I've also watched few months ago), that'll be amazing to know all of those information about that!! Anyways, love your videos my guys and keep up the good work man!! I'm looking forward for more of your contents!! Stay safe always!!

Hey Donut Media, thanks so much for the content you guys make, oh and by the way can you guys make an Up to Speed Episode on Honda Motorcycles 🏍 ?

Watching donut media right in the morning is literally the best way to get ready for my day

This takes me back; I did a college paper on Carlos Ghosn back in like 2013. Lots of things happened since then!

This is one of the most curious, if not the most curious Automotive scandals of all time! Great episode Donut Media! 👏👏👏

"Everyone and their Aunts own a Nissan Altima." I own an Altima, and I didn't even have to buy it.

More of these 🥺 It’s interesting to see the side of the automotive industry we don’t see or think much of.

Man, the production and quality of this video is absolutely awesome😆👌

@Donut I love the "Star Gazers" reference at 2:42. I was waiting to hear James say "Keep looking up"

I love this channel. This is the third time I have watched a video on Carlos Ghosn and even though I knew most of the information I was completely enveloped by the store telling. Keep up the good work Donut.

Most likely Carlos was going some underhanded things that the Japanese executives knew about but were cool with as long as it was convenient for them. Also I'd like to add that I pre-ordered the buff horse ranch t shirt in black which is the only thing I've ever pre ordered in my life. It's one of the best designs ever.

I love the backgrounds used and little bits (BUSINESS SCHOOL w/ PAMES JUMPHREY!) Loved this Up to Speed!

Thank you Carl Sagan!! Brings back memories: A Personal Voyage

The guy brought the company from losing $6 billion to making $2 billion in a year, I think he can get a pass from stealing $100 million 😅 Nissan would not be here right now if it wasn't for him.

As someone who owned a Nissan with a CVT, i hope he gets sentenced to drive cars that just stop driving forward at random intervals for the rest of his life.

What a beautiful video to wake up to on my birthday. Thank you donut!

I just hope someday the history books will acknowledge Donut Media for their brilliant intersection of journalism and presentation. So much information, and perfectly interesting to watch.

American journalists asked him: "Didn't you expect it?" Carlos answered: "Did you expect Pearl Harbor?"

I had no idea that they were actually losing money on all those awesome flagship 90s cars that’s wild. Another great one guys…also maybe more off-road builds?;) Bronco probs looks good on ya

I love y’all! The way y’all write is brilliant.

youre a damn good story teller James. I applaud this. well done mate

I think you should've mentioned the Nissan lawyer who saw some discrepancies within Nissan related to Ghosn, and got harassed and booted off for it. He also saw evidence that showed that even the other executives were more or less guilty of the same sifoning of money Ghosn did. Ghosn was just the target because of his desire to make Nissan less of a Japanese company.

Shoutout to the editor! This is excellent editing work. 👍

I love these videos. What a great team of people

He made so much money to Renault and Nissan. They had to let him stay even that they knew that he is stealing from them.

Honestly Nissan isn’t the same as it was in the 90s and I don’t think it will ever go back l. Hopefully the Z lives up to my expectations.

Always nice to learn new things - even tho I knew most of it. 👍 @2:43 Yes the 90s or in general 1991. From the March to the Z almost every model had a sporty version or was a sporty car! They even had 2 (!) full size models (or 3 if you count the Q45 as a seperate model, yes even in Japan it was sold BESIDES the President) and 4 (or 3 Cedric/Gloria) executive models and much more!

How many times do guys have to do this story ? I thought I time traveled lol Big fan of you guys!

He lived a crazy life.

I had the same idea of how Nissan fell: they were too obsessive about high-performance market, neglecting their casual customers (which got easily taken by Toyota and Honda with their basic level cars).

For a man with a 17 million dollar networth we are happy you do these vids for us. Thanks pump👍

6.3 millions subscribers. I’m so happy for you guys and your success!

There's a lot missing from this video. The Japanese charges were false because many of the things he was accused of were known and approved by Nissan before he was arrested and charged then held without trial or bail for months. The real reason why he was to be ousted was because the Japanese govt. and nissan didn't want to get merged with renault permanently so they made up charges against him.

People outside Japan often forget that this 99.4% conviction rate in Japan is mostly due to a culture of only bringing charges when the police/prosecutors are sure they can win a case, letting plenty of criminals run free.

This was pretty funny and informative!

Great documentary James, reminds of fresher content similar to the "Greed" series made in America. Funny enough, I owned and drove a Sentra 1.8S for a few years and while I maintained it regularly and pushed that engine limiter into Red often, the car surprisingly did not produce any issues before passing the good ride to another owner. At this point, I am positively not looking into Nissan as my next pedal...including Honda or Ford's portfolios 👋😬

I loved my 2014 Altima. Super efficient, and decent acceleration in its class thanks to the CVT. Great for fun and cross country trips. The tranny did go right at 200k, all things considered I think it was worth it!

So this is one of the (minor) reason why 350Z sucked and aged poorly in comparison to any Nissan Z-car before the 350Z. Huge shame since the 350Z was one of car I set my sight on when I was a kid with the sleek exterior (mostly because it looks like a Porsche 911, which oddly enough was another car I set my sight on as a kid). Huge ouchie.

Yo donut. This is really old news and while im glad you guys did an episode on it and i love your channel. Everyone and their mothers uncle knows about it, changing the thumbnail every day aint gonna change that.

Doing a "Donut Founders" type of video/episode/documentary about the origins of Donut Media would be dope af 🔥 I bet I'm not the only one that's down to... travel down, "The Donut Hole: Origins" lol (new series idea?)

If I were Carlos Ghosn, I’d be super pissed that GM’s executives were still paid well above market and well above him being a CEO running two car companies. (Considering how bland GM had gotten, and still is)

Just like the LAPD did with OJ, Nissan made the mistake of framing a guilty man

you guys crushed this ep!

I live in El Cajon! literally 5 minutes away from where you guys will be performing! I will be there!

After seeing this it really does seem like Ghosn's greed caught up with him since evidence of his crimes was found in other countries outside of Japan as well. Not to mention having shell companies and trying to get your cousin accomplice on the company board only adds to the level of questionable actions taken by Ghosn. I can see the Nissan executives weighing the risks and conspiring to expose Ghosn as an attempt to save the company's face. At first he was useful until he became liability by his own hand.

I love that you guys are going to El Cajon cuz that's where I was born and raised!

I remember when this went down. Everytime it felt like it was over, something else came out. Truth really is stranger than fiction

On the poster it says that the “D-TOUR” is “world tour” and every city is in America like what ? That’s the most American thing , to be the whole world 😂😂😂

First and I'm a Nissan employee 🤣

Nice job. You spin a good tale. Very engaging.

James you are the best at what you do brother!

This shit was nuts in so many ways, but there was some good that came out of it: it finally put Japan's fucked up "justice" system in the spotlight, something that's been long known to residents (like myself) but conveniently kept quietly hidden under the sakura-colored carpet. It was so unsurprising how he was treated and I was not shocked that he decided to GTFO. And as expected, they are screwing over Greg Kelly as 見せしめ.

Yeah, you can tell that this man was a seriously bad move for Nissan as a "car" brand. He might be good at business but he sucks at cars

They also had the Stagea(wagon R33), Pulsar(kind of hatch), and the Sentra SE-R were a few other dope sporty cars they made at the time

If the D-TOUR is a hit, east coast stops are a MUST for round two. Keep up with the good content, fellas. 👌

Rich wealthy CEO's making millions stealing and embezzling money is something we peasants just don't understand. Bru...You literally don't need it.

The man was doing so well for the companies he thought he earned himself a little extra cash. That's a fairly common practice amongst CEOs.

The D-tour is going to be sick.. Nice to see where I live at be on the list! :D .. See you there Pump's!

you sirs just earnt yourself a big fat LIKE for the business school and mad special FX. Beautiful stuff.

Carlos was not always successful as he is made out to be in the press..When Nissan entered India they relaunched the Datsun brand for compact cars to compete with Market Leader fellow Japanese brand Suzuki.. Datsun failed miserably..Suzuki beat Carlos's Datsun strategy big time..

I do not blame Carlos for escaping, if he avtually is innocent, he could not prove this in Japan where justice does not exist and prosecution rates are insane

i live near San Antonio, so june 15th seems interesting! this sounds interesting so far...

Freackin' cool video man.

Dude single handedly saved the Nissan from tumbling over, least they could do was to "forget" the 80 mil bill

"I want to be audio equipment when I grow up!" - some random person, who is extremely mad that they got there dreams stolen.

Bros!!! I wish you were coming to maui I’d love to meet you guys🤙

The 2 staples stapled into your shirt are a nice touch

Eh I don’t care lol. If he hadn’t saved Nissan would we have gotten the 350z or 370z ? OR THE R35 GTR? Or the new 400? Pretty sure this guy can have a pass for doing what we all suspect most of these rich pricks do ANYWAY. At least Nissan has something to show for it. At least we still have Nissan and can continue to hope for more wicked sports cars.

*The rich sees an economic crisis as a garage sale also the rich stays rich by investing and diversifying their portfolio with stocks, Crypto currency and Forex trading which is the wisest thing every individual needs to do and it's real profiting.*

You guys should come to gravelrama in August! In Cincinnati well due west 20 minutes. You all would love it.

I wanna buy tickets to your tour, I live in riverside county… but what in the world are you guys gonna do? Lol I was figuring like a car meet and hang out but I see it’s at the fox theater?

Because of this thief, Carlos Ghosn The level of the Nissan Sunny was reduced to the level of the Yaris and Accent "Datsun Sunny Coupe" So is the Nissan Sentra, and indeed the Nissan Tiida After it was among the ranks of the Corolla, Honda and others Because of the problems of the gearbox, the damage of the gearbox, the heat and the pinch, as well as the engine head and other things And I don't tell you about the Nissan Murano in the past, it was almost a garage factory, now it has new versions after it was discontinued and returned to the market And do not forget that this thief stopped the legend Nissan Datsun (Pickup) They brought in the Navara, which is not the same as the Datsun Pickup This is an abundance of what prevented me from this **p*l who ruined the Nissan company with his boring designs You will say that he came up with other, better cars, but both of them were manufactured with ordinary crude, not like some other car factories. Yes, he saved Nissan from bankruptcy at the end of the nineties, but a big and evil thief Yes, I am from the Middle East, by God, he should be arrested by Interpol because he stole Nissan, and we, Nissan users, also stole because of the havoc and malfunctions in all Nissan cars because of this unfortunate person.

Driven, smart? Nissan CVT sucks. It's the opposite of smart business decision.

Great video