Ex-Nissan Chairman Carlos Ghosn Released on Bail
The disgraced auto executive was freed from a Japanese prison today after spending more than three months in pretrial detention. Ghosn, who posted $8.9 million in bail, faces restrictions that include constant video surveillance and no access to mobile internet — in addition to the forfeiture of all three of his passports. Facing up to 15 years in prison for financial misconduct, he maintains he’s innocent.
What’s next for Nissan? Life apparently isn’t all bad for the Japanese firm: Its Leaf hatchback just became the first electric car to cross the 400,000 sales mark.