Nissan executive Greg Kelly, who was arrested along with ex-chairman Carlos Ghosn, has defended Ghosn's compensation, saying it was discussed with other officials and paid out appropriately, Japanese public broadcaster NHK said.
The sudden downfall of Carlos Ghosn looks set to unleash a power struggle between Renault and Nissan over the alliance he oversaw for two decades.
The sudden downfall of Carlos Ghosn looks set to unleash a power struggle between Renault and Nissan over the alliance he oversaw for two decades.
Japan's ongoing scandal over faulty final inspections stood as a symbolic backdrop to Nissan's bombshell ouster of superstar Chairman Carlos Ghosn last week.
Following the addition of the Ascent three-row crossover and the redesigned Forester, two vehicles seen as critical for the brand's continued sales growth in the U.S., Subaru of America is taking another crack at a hybrid.
After months of financial woes, Rahim Hassanally, the prominent young dealer principal of Momentum Auto Group in California, abruptly shut down seven stores.
Japan's ongoing scandal over faulty final inspections stood as a symbolic backdrop to Nissan's ouster of superstar Chairman Carlos Ghosn last week.
News
23 Nov, 2018
New Mercedes 'Co-operative Car' development vehicle is equipped with lights and sensors, enabling subtle co-operation with pedestrians
PSA-owned Vauxhall has announced a plan for 241 job losses at its UK, Ellesmere Port, car manufacturing plant.
Porsche has an ambitious plan to improve operating profit by 6 billion euros ($6.8 billion) over eight years by streamlining operations as the automaker spends more to develop and build electric cars, sources told Bloomberg.
News
23 Nov, 2018
Restructuring at the Cheshire plant set to slim down the workforce by 241, with the aim to offer voluntary redundancies to the staff
PSA's Vauxhall business will ax an extra 241 jobs at its Ellesmere Port plant in the UK in the latest cuts at the site, deepening union concerns over the factory's future.
PSA's Vauxhall business will cut an extra 241 jobs at its Ellesmere Port plant in the UK in the latest cuts at the site, deepening union concerns over the factory's future.
A report in French Newspaper Les Echos suggests that while PSA Group and Toyota will continue to collaborate in light commercial vehicles they are planning to end their joint venture in the Czech Republic which manufactures small cars.
Mahle has inaugurated a new research and development centre in Valencia, Spain.
DIP Capital LLP, a new investment management firm dedicated to investing in disruptive businesses, said its Disruption Investment Platform (DIP) Fund I had invested GBP1.5m in Wejo, a UK technology company which collates data from connected vehicles.
The Volkswagen Group announced it was investing in the German digital specialist Diconium by acquiring 49% of the shares in the company.
Volvo has decided to delay its original plan to start building Lynk and CO vehicles at its plant in Belgium at the end of 2019 due to increased macro-economic uncertainty, the automaker said.
I'm sure many others - in or observing the autobiz - were as saddened as I was to hear of Renault-Nissan-Mitsubishi Alliance kingpin and Nissan Motor supremo Carlos Ghosn's downfall this week.
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