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U.S. Investigates Hyundai-Kia Engine Recall
11/21/2018Federal prosecutors in New York City are probing whether two U.S. engine recalls by Hyundai Motor Co. and its Kia Motors affiliate in 2015 and 2017 were conducted quickly enough, Reuters says.
Volvo Plans Car-Free Display at L.A. Auto Show
11/21/2018Volvo Cars Corp.’s display stand at next week’s Los Angeles auto show won’t have a single car in sight.
Ghosn Will Keep Renault CEO, Chairman Jobs for Now
11/21/2018Renault SA’s board decided last night that Chairman and CEO Carlos Ghosn will retain those posts after being arrested in Japan on suspicion of financial wrongdoing.
Trump Asks German Carmakers to Discuss Trade
11/20/2018President Donald Trump has invited the CEOs of BMW, Daimler and Volkswagen to the White House to discuss a trade deal between the U.S. and Germany.
Sumitomo Metal Plans $1.8 Billion Nickel Smelter for EV Batteries
11/20/2018Sumitomo Metal Mining Co. Ltd. is to build a 200 billion-yen ($1.8 billion) nickel smelting complex in Indonesia to supply metal to makers of batteries for electric vehicles, The Nikkei reports.
Report: Ghosn Was Planning Renault-Nissan Merger
11/20/2018Carlos Ghosn, chairman of both Renault and Nissan, was working on a plan to merge the two companies before his arrest this week, sources tell the Financial Times.
Ford Aims to Deodorize New-Car Smell in China
11/20/2018Ford Motor Co. has filed a U.S. patent application for a process that is said to help get rid of the so-called new-car smell in vehicles.
Regulatory Fumble Hurts Bentley Production, Sales
11/20/2018Volkswagen AG’s Bentley luxury car unit nearly halted operations after failing to certify its cars to meet the European emission standards that took effect on Sept. 1.
France Said to Back Bollore as Interim CEO at Renault
11/20/2018The French government reportedly backs a plan to name Thierry Bollore, Renault SA’s chief operating officer, to be interim CEO, according to Bloomberg News.
Ghosn Probe Expands to Renault-Nissan-Mitsubishi Finances
11/20/2018Nissan’s investigation into claimed financial wrongdoing by CEO Carlos Ghosn is broadening to cover possible misconduct involving the finances of the Renault-Nissan-Mitsubishi alliance, sources tell Reuters.