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VW Ordered to Pay Owner Original Purchase Price for Aging Diesel
11/23/2018A German court has ordered Volkswagen AG to reimburse the original purchase price of nearly €30,000 ($34,000) for a 2012 diesel it had rigged to evade emission standards.
PSA Will Trim Another 240 Jobs at U.K. Factory
11/23/2018PSA Group says it will eliminate another 240 jobs next year at its Vauxhall Astra small car assembly plant in Ellesmere Port, England.
Report: Nissan Demands More Clout in Alliance with Renault
11/23/2018Nissan Motor Co. reportedly is demanding a more balanced shareholder structure for its 19-year--old alliance with Renault SA.
U.S. May Swap Quotas for Tariffs on Canada, Mexico Steel, Aluminum
11/23/2018The Trump administration is pushing to impose quotas on imported aluminum and steel from Canada and Mexico.
Tesla Cuts Prices in China
11/22/2018Tesla Inc. is lowering the price of its electric Model S sedans and Model X crossovers in China to help offset the country’s tariff on vehicles from the U.S.
Nissan Board Removes Ghosn as Chairman
11/22/2018Nissan Motor Co.’s board voted unanimously today to remove Carlos Ghosn as chairman and a representative director. The board also stripped Greg Kelly of the latter title.
Truck Sales Jump 7% in Europe
11/22/2018Deliveries of commercial vans, trucks and buses climbed 7% to 229,100 units in Europe last month, according to trade group ACEA.
U.S. Envoy Asks: Should China Be Tossed Out of WTO?
11/21/2018The head of the U.S. Council of Economic Advisers asks whether a “misbehaving” China should be sanctioned by the World Trade Organization or even removed from the group.
Honda Recalls Odyssey Minivans to Fix Faulty Door Latch
11/21/2018Honda Motor Co. is calling back 107,000 Odyssey minivans in the U.S. because their power sliding doors could open while the vehicle is moving.
Ghosn Likely to Remain in Jail for Another 10 Days
11/21/2018Renault-Nissan-Mitsubishi Chairman Carlos Ghosn is likely to be detained for another 10 days after being arrested on Monday in Tokyo, according to Kyodo News.