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France Weighs in on Ghosn’s Treatment
1/29/2019The French government, which owns 15% of Renault SA, has warned the company against awarding an “exorbitant” severance package to ex-Chairman and CEO Carlos Ghosn.
Head of GM’s Maven Unit Leaves
1/29/2019Julia Steyn, who has headed General Motors Co.’s Maven urban mobility business since it was created three years ago, has left the company for unknown reasons.
Desay to Open Autonomous-Vehicle Test Center in Singapore
1/28/2019China’s Desay SV Automotive Ltd. is opening a research and development center in Singapore that will focus on Level 4/5 autonomous vehicle, connectivity and cybersecurity systems.
Subaru Resumes Production After 12-Day Disruption
1/28/2019Subaru Corp. has relaunched production in Japan after defective parts from a sole source shut down the company’s main plant on Jan. 16.
Mexico Posts Record-High Trade Surplus in December
1/28/2019Mexico says its trade surplus with the U.S. climbed to a monthly high of $1.8 billion, including a 7% gain for auto exports to a total of $11.5 billion.
Lotus, Williams Confirm Hypercar Project
1/28/2019Group Lotus plc says it is collaborating with Williams Advanced Engineering Ltd. to develop an all-electric hypercar.
SEC Launches Nissan Probe After Ghosn Indictments in Japan
1/28/2019The U.S. Securities and Exchange Commission has asked Nissan Motor Co. for details about charges in Japan that the company falsified reports about compensation paid to ex-Chairman Carlos Ghosn.
Volvo Gets Okay to Test Autonomous Cars on Swedish Roads
1/28/2019Sweden’s transport agency has granted permission to the Volvo Car Group to test self-driving-vehicle systems on public highways in Sweden.
VW Will Trim Workforce at Slovakia Factory
1/28/2019Volkswagen AG says it will shed about 500 jobs and reduce its use of contractors at the company’s assembly complex in Bratislava, Slovakia, to help meet its goal of hiking efficiency 30% by 2025.
Porsche Offers 3 Years of Free Fast-Charging for New EV
1/28/2019Porsche AG says U.S. buyers of its first all-electric car, the Taycan sports car, will be able to recharge their cars free for three years through parent Volkswagen AG’s nationwide Electrify America LLC unit.