Carlos Ghosn, the former chairman of Nissan, shifted personal investment losses incurred during the 2008 financial crisis to the automaker to avoid millions of dollars in losses himself, a newspaper reported.
The Renault-Nissan alliance is threatened with disarray over a rift between the partners about how to fill a leadership vacuum as Carlos Ghosn remains in custody in Japan.
Borgward will begin sales of its SUVs in the UK and Ireland at the end of next year, the brand's new importer has said.
New spy photos give the clearest look yet at the basic two-door model of Land Rover's upcoming Defender, scheduled for launch in 2020.
You're forgiven if you were a bit confused about what exactly General Motors announced Monday.
General Motors on Monday pulled the plug on the Chevrolet Volt hybrid and possibly the Detroit-Hamtramck Assembly plant that builds it, both examples of a costly gamble that is not paying off.
General Motors' plan to cancel production at U.S. factories and cut thousands of jobs drew a swift rebuke in the industrial heartland where President Donald Trump won key victories in 2016.
President Donald Trump said General Motors should move "something else" into its Lordstown, Ohio, plant to replace the Cruze, which is being discontinued next year.
GM's plan to close three North American assembly plants and two transmission plants next year could directly affect nearly 6,000 workers, according to data on GM's media website.
Advertising agency giant WPP has won Volkswagen's creative account in North America, following a seven-month global agency review.
Canadian Prime Minister Justin Trudeau expressed his "deep disappointment" in GM's decision to close its Oshawa plant, a move which led workers to walk off the job on Monday.
Fiat Chrysler is expected to commit to producing new models in Italy, including Jeeps and an Alfa Romeo SUV, union sources said.
Fiat Chrysler is expected to commit to producing new models in Italy, including Jeeps and an Alfa Romeo SUV, union sources said.
General Motors has confirmed earlier reports it will close its Oshawa assembly plant in Ontario, Canada, two further plants in the US plus two powertrain factories in the US.
Carlos Ghosn was today (26 November) removed as chairman and a representative director of Mitsubishi Motors Corporation (MMC) and is now only a board member.
The conglomerate plans to spend about $1 billion to build its first electric vehicle battery plant in the United States to better compete in the global market.
Following the redesign of the third-generation Continental GT coupe last year, Bentley has revamped the open-top variant in its own right.
Following the redesign of the third-generation Continental GT coupe last year, Bentley has revamped the open-top variant in its own right.
General Motors said it will significantly cut its salaried workforce and could close up to five plants in North America, plus two more elsewhere, as it discontinues several car models as part of an overhaul of its global operations in 2019.
Unifor President Jerry Dias said that if it were up to him, workers would strike every GM assembly plant in Canada and the U.S. in response to the automaker's plans to close its Oshawa factory.
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