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Mitsubishi Motors Targets 30% Sales Growth
10/18/2017Mitsubishi Motors Corp. aims to boost sales and revenue by 30% each over the next three fiscal years, mainly by expanding into emerging markets.
Mark Fields Joins TPG Capital
10/18/2017Former Ford Motor Co. CEO Mark Fields is joining TPG Capital, a San Francisco-based private equity firm, on Nov. 1.
Nissan’s Improper Safety Checks Continued into Last Week
10/18/2017Nissan Motor Co. factories in Japan continued to use unauthorized inspectors to conduct safety checks for three weeks after announcing it had stopped the practice in mid-September, sources tell Reuters.
Meunier to Head Infiniti Global Sales/Marketing
10/17/2017Nissan Motor Co.’s Infiniti luxury car arm has appointed Christian Meunier to the new position of vice president of global marketing and sales operations.
U.S. Vehicle Emissions Plunge
10/17/2017Tailpipe emissions from cars and trucks driven on U.S. roadways plummeted as much as two-thirds from 2002 to 2016, according to the U.S. Dept. of Energy.
U.S. Justice Dept. Seeks Data on Kobe Steel Scandal
10/17/2017The U.S. Dept. of Justice has asked that Kobe Steel Ltd. supply technical details about potentially subpar materials and products the Japanese company sold to U.S. customers.
GM to Keep Next-Gen Tech In-House
10/17/2017General Motors Co.—citing a competitive advantage in its internally developed autonomous car, electric vehicle and ride-share services—rejects the notion that it could generate $30 billion by selling off those units.
Uber’s Policy Chief in Europe Quits to Join ChargePoint
10/17/2017Christopher Burghardt, chief of European policy for Uber Technologies Inc., has quit the ride-hailing service to European director for California-based ChargePoint Inc.
VW Kills Scirocco, Again
10/17/2017Volkswagen AG will stop producing the sporty Scirocco coupe at the end of October.
BMW Ponders a Factory in Russia
10/17/2017BMW AG tells Automotive New Europe it may open its own assembly plant in Russia, now that the country’s car market is climbing out of a sales slump that began in 2013.