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Nissan Rebuffs Renault’s Demand for Shareholder Meeting
12/17/2018Nissan Motor Co. CEO Hiroto Saikawa has rejected Renault SA’s request for a quick shareholder meeting to discuss the crisis sparked by the arrest of former Chairman Carlos Ghosn.
Apple Poaches Another Tesla Exec
12/17/2018Apple Inc. has hired designer Andrew Kim, a senior design manager at Tesla Inc. for the last two years.
New VW Campaign Highlights Autonomous Tech
12/17/2018Volkswagen AG is launching a new advertising campaign to showcase its various driver-assist systems to be marketed under the carmaker’s new IQ.Drive brand.
FCA Extends Holiday Plant Shutdowns in N. America
12/17/2018Fiat Chrysler Automobiles NV says several of its assembly plants in the U.S. and Canada will be idled in early January to reduce inventories of unsold cars.
Chinese EV Maker Aims to Launch U.S. Sales in 2020
12/17/2018China startup Qiantu Motor and California’s Mullen Technologies Inc. have agreed to assemble and sell a modified version of the Chinese company’s K50 electric car in North America in 2020.
British Entrepreneur Buys Bloodhound Speed Project
12/17/2018Ian Warhurst has purchased Bloodhound Programme Ltd., the U.K.-based company that aims to break the land speed record, out of receivership for an undisclosed price.
Hyundai Nixes Plans for Diesel-Powered Santa Fe
12/17/2018Hyundai Motor Co. has decided scrap plans to add a diesel option to its Santa Fe crossover vehicle in the U.S. early next decade.
Nissan Board Suspends Plan to Pick to New Chairman
12/17/2018Nissan Motor Co.’s board has halted plans to quickly choose a new chairman to replace Carlos Ghosn, deciding instead to distribute his duties among several senior executives.
Aptiv Opens Las Vegas Tech Center for Autonomous Vehicles
12/17/2018Aptiv plc has added a fourth technical center for self-driving vehicles, this time in Las Vegas.
JLR Poised to Cut Thousands of Jobs in U.K.
12/17/2018Jaguar Land Rover Ltd. is expected today to detail a plan to slash costs by £2.5 billion ($3.1 billion) over the next two years, in part by shedding thousands of jobs in early 2019, the Financial Times says.