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Report: Saudi Associate Gave Ghosn a $27 Million Credit Guarantee
12/24/2018Former Nissan Motor Co. Chairman Carlos Ghosn reportedly received a 3 billion-yen ($27.2 million) loan guarantee from a Saudi acquaintance in 2009.
VW Says Some Diesels May Still Have Cheater Software
12/24/2018Volkswagen AG has advised Germany’s transport authority (KBA) that half a million diesels it recalled because they were rigged to cheat on emission tests may still do so after repairs.
BMW Faces Criminal Probe in S. Korea Over Engine Fires
12/24/2018South Korea’s transport ministry says it will ask prosecutors to open a criminal investigation in BMW AG handling of an engine defect blames for more than 40 engine fires this year.
Ghosn Aide Could Be Granted Bail Tomorrow
12/24/2018Greg Kelly—the Nissan Motor Co. board member jailed last month along with ex-Chairman Carlos Ghosn—could be freed on bail as soon as Christmas Day, according to media reports.
Car Production in U.K. Plunges 20%
12/21/2018Output by British car plants plummeted 20% to 129,000 units last month, the sharpest November decline since the Great Recession in 2008, the Society of Motor Manufacturers and Traders reports.
Ford Recalls 874,000 F-150 Pickup Trucks
12/21/2018Ford Motor Co. is calling back 874,000 of its F-150 pickup trucks to fix a faulty engine block heater cable connection.
Truck Sales Advance 3% in Europe
12/21/2018European sales of commercial trucks and buses grew 3% to 225,100 units in November, trade group ACEA reports.
Ghosn Re-Arrested in Japan
12/21/2018Prosecutors in Japan re-arrested former Nissan Motor Co. Chairman Carlos Ghosn earlier today, ending his hope of being released on bail this weekend.
Report: FCA Developing Inline-6 to Replace Pentastar V-6
12/20/2018Fiat Chrysler Automobiles NV reportedly is developing a turbocharged inline-6 engine that could be used across the carmaker’s brands.
Renault Partners with Third Chinese EV Maker
12/20/2018Renault SA has agreed to buy a “significant” stake in Jiangling Motors Co.’s JMEV electric vehicle unit.