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Report: Nissan Auditor Repeatedly Flagged Ghosn Payments
11/28/2018Nissan Motor Co.’s outside auditor repeatedly questioned the carmaker’s compensation practices for former Chairman Carlos Ghosn but was assured everything was proper, a source tells Reuters.
Ford to Cut Shifts at Michigan and Kentucky Plants
11/28/2018Ford Motor Co. plans to eliminate shifts at its vehicle assembly plants in Flat Rock, Mich., and Louisville, Ky., next spring. The move will affect 1,150 workers, all of whom will be offered jobs at other facilities.
Pininfarina Teases “Pure” EV Design
11/28/2018Mahindra & Mahindra Ltd.’s new Automobili Pininfarina unit has released images of its upcoming electric hypercar that features Pininfarina’s new “Pura” design language.
Finalists Announced for N. American Vehicles of the Year
11/28/2018A panel of 54 automotive journalists has selected the nine finalists for North America’s 2019 Car, Truck and Utility Vehicle of the Year awards.
Retail Car Sales in India Fall 11%
11/28/2018Registrations of new cars in India between early October and mid-November slid 11% to 2 million units, according to the Federation of Automobile Dealers Assns.
EU: No Last-Minute Effort to Avert U.S. Tariffs on Cars
11/28/2018The European Union denies a German media report that its chief trade negotiator plans to meet with her counterparts in Washington, D.C., this week to avert U.S. tariffs on imported cars.
Mazda3 Gets New Look, Adds Tech
11/28/2018Mazda Motor Corp.’s redesigned Mazda3 small car gets a range of new engines, available all-wheel drive and several advanced technologies.
Samsung Plans Battery Plant in Michigan
11/28/2018California-based Samsung SDI Co. Ltd. plans to open a $63 million battery plant outside Detroit.
No-Deal Brexit Seen as “Catastrophic” to British Auto Industry
11/28/2018Damage to the British auto industry will be “catastrophic” if the U.K. leaves the European Union next spring with no trade deal, the Society of Motor Manufacturers and Traders warns.
Trump Threatens to Cut GM Subsidies
11/28/2018President Donald Trump says he’s looking into canceling federal subsidies to General Motors Co. after the carmaker announced plans to close four factories and eliminate about 12,000 jobs in the U.S.