Mexican Media Brands
France Begins Search to Replace Ghosn at Renault
12/13/2018The French government, which owns 15% of Renault SA, reportedly is looking for a replacement for Carlos Ghosn, the carmaker’s embattled chairman and CEO.
Diversity Marks Ward’s Best-Engine List
12/13/2018For the second year in a row, electrified powertrains accounted for four of WardsAuto’s 10 Best engines.
Nissan Sues Ghosn’s Sister for “Unjust Enrichment”
12/13/2018Nissan Motor Co. rhas sued former Chairman Carlos Ghosn’s older sister in a Rio de Janeiro court for “unjust enrichment,” Reuters reports.
Daimler to Use Wind Energy at German Facilities
12/13/2018Daimler AG’s Mercedes-Benz unit plans to use electricity generated from wind farms at three of its factories in Germany starting in 2021.
EU Ordered to Restore Tougher Diesel Emission Rules
12/13/2018A European high court has reversed a European Union decision two years ago that allowed new diesel vehicles to emit “excessively high” nitrogen oxides.
BMW, Porsche Demo 450-kW Charging Station
12/13/2018FastCharge, a German consortium that includes BMW AG and Porsche AG, opened a prototype charging station this week that can provide electric vehicles with a 62-mile range in three minutes and replenish a battery to 80% capacity in 15 minutes.
FCA Threatens to Trim Spending in Italy if Car Taxes Rise
12/13/2018Fiat Chrysler Automobiles NV tells Italy’s government it may revise its plans to spend more than €5 billion ($5.7 billion) in Italy if the country approves higher taxes on piston-powered vehicles.
Renault: No Irregularities with Ghosn’s Compensation
12/13/2018Renault SA’s board says a preliminary audit has found nothing irregular about compensation payments to Chairman and CEO Carlos Ghosn.
Nissan to Repatriate $1.1 Billion Cash from China Unit
12/13/2018Nissan Motor Co. reportedly will repatriate 7.5 billion yuan ($1.1 billion) from its joint venture in China as tensions rise with alliance partner Renault SA.
Hyundai Offers $1.5 Billion in Aid to Suppliers
12/13/2018Hyundai Motor Group has pledged 1.7 trillion won ($1.5 billion) over five years to help its small and medium-size suppliers stabilize their businesses and invest in new technologies.