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FCA Agrees to Settle Investor Lawsuit over Diesels, Recalls
4/8/2019Fiat Chrysler Automobiles NV has agreed to pay certain shareholders $110 million to settle claims that the company misled them about recall costs and its problems with diesel emissions.
Korber Tapped to Head BMW’s Mini Unit
4/8/2019BMW AG has appointed Bernd Korber to head its Mini operations.
London Adds New Emission Tax on Older Vehicles
4/8/2019Beginning next week, London will chargedrivers of older cars, vans and motorcycles £12.5 ($16) to gain access to the city center’s “ultra-low emission zone.”
Nissan Shareholders Remove Ghosn from Board
4/8/2019Nissan Motor Co.’s shareholders have voted former Chairman Carlos Ghosn off the company’s board and replaced him with Renault SA Chairman Jean-Dominique Senard.
Fisker Hires Former Toyota, VW Manufacturing Exec as Advisor
4/8/2019California-based Fisker Inc. has hired Don Jackson as a senior advisor to lead the company’s manufacturing strategy, including selecting a production site in the U.S.
Mexico Strengthens Labor Laws to Suit New Trade Deal
4/8/2019Mexico is pushing through legislation to bolster workers’ rights and comply with the pending update to the North American Free Trade Agreement.
Chinese Startup Plans Long-Range EV
4/8/2019Bordrin Motor Corp., a three-year-old Chinese startup company, is developing an all-electric crossover vehicle with a targeted driving range of 550 km (342 miles).
PSA Boss Affirms Interest in Adding Luxury Brand
4/8/2019PSA Group CEO Carlos Tavares he is evaluating all opportunities, including buying or partnering with a luxury brand such as Jaguar Land Rover.
VW Combines Operations in India
4/8/2019Volkswagen AG has integrated its three business operations in India into a single entity called Volkswagen Group India.
Last Note for Nissan Hatchback in U.S.
4/8/2019Nissan Motor Co. confirms reports that it will discontinue the Versa Note hatchback in North America this year.