Carlos Ghosn's surprise arrest on allegations of financial misconduct has left Renault-Nissan car alliance board members in a bind over his future, with board members in Japan divided over whether to dismiss him as chairman and the French side...
Continue Reading the above article 'Renault-Nissan alliance board could be divided ove...
During his time at the helm of Nissan, Carlos Ghosn earned a lot more than his Japanese peers -- but not nearly as much as other global auto leaders.
Continue Reading the above article 'How Ghosn's reported compensation compares with hi...
The California New Car Dealers Association is asking Ford CEO Jim Hackett to cease anti-dualing policies in California that could affect about 33 dual Ford-Lincoln dealers in the state.
Continue Reading the above article 'California dealers ask Ford to end anti-dualing po...
Wells Fargo is fighting to shut some customers out of a sweeping plan to compensate around 600,000 drivers it pushed into car insurance they did not need, according to court documents.
Continue Reading the above article 'Why Wells Fargo is fighting to leave older claims ...
Lenders are working to adapt to an auto retail and auto finance model largely driven by technology, some with operational adjustments and others with fintech partnerships.
Continue Reading the above article 'Lenders find ways to adapt as technology evolves...
It's too soon to call it a trend, but third-quarter subprime auto originations rose from the year earlier for the first time in more than two years, the Federal Reserve Bank of New York and TransUnion said in separate reports last week.
Continue Reading the above article 'Why subprime auto loans increased in the Q3...
Tensions between Nissan and Renault over the future of their alliance have exploded into the open following the downfall of Chairman Carlos Ghosn, and his top lieutenant.
Continue Reading the above article 'Nissan-Renault rivalry bursts into the open after ...
I don't have any insider knowledge of the financial misconduct allegations against Renault-Nissan chief Carlos Ghosn unveiled on Monday. Nonetheless, I think some points are worth remembering as the story unfolds.
Continue Reading the above article 'carlos-ghosn-scandal-opinion...
Japanese authorities in Tokyo will detain Nissan Chairman Carlos Ghosn for 10 days as they also consider bringing a case against Nissan, a report said.
Continue Reading the above article 'Carlos Ghosn could be detained for 10 days, Tokyo ...
U.S. prosecutors are investigating if Hyundai and affiliate Kia vehicle recalls over engine defects were conducted properly, Reuters reported.
Continue Reading the above article 'Hyundai-Kia face another U.S. recall safety probe...
U.S. chipmaker Nvidia has signed separate deals with Chinese electric vehicle startups XPeng Motors, Singulato Motors and SF Motors to develop autonomous driving technology.
Continue Reading the above article 'Nvidia lands more deals with Chinese automakers...
Thyssenkrupp's supervisory board failed to agree on recruiting outgoing Daimler CFO Bodo Uebber as its chairman after the executive's compensation demands drew fire from employee representatives.
Continue Reading the above article 'Thyssenkrupp board fails to agree on appointing Da...
Japan said it is ready to work for the stability of the Nissan-Renault alliance following the arrest of Chairman Carlos Ghosn, but a Nissan executive said the automaker is seeking ways to weaken the influence of its French partner.
Continue Reading the above article 'Nissan, in wake of Carlos Ghosn's arrest, seeks le...
Volvo will break with auto show tradition in Los Angeles, where it will not have a single car on its stand. The idea is to underline that the disruption the industry is undergoing requires a fresh approach.
Continue Reading the above article 'What's Volvo's big surprise for the 2018 Los Angel...
The U.S. and China clashed at the WTO with a U.S. envoy accusing Beijing of using the WTO to pursue "non-market" policies and a Chinese official charging that Washington was flouting the rulebook.
Continue Reading the above article 'U.S. and China bicker over trade policies at WTO...
Renault's board stopped short of firing embattled CEO Carlos Ghosn who is being detained in Japan for alleged financial improprieties. The board appointed chief operating officer Thierry Bollore as interim leader.
Continue Reading the above article 'Renault names interim leader after Ghosn's arrest...
Santander Consumer USA, a leading subprime auto lender, will pay $11.8 million to settle claims that it misled customers about the cost and terms of auto loans and insurance.
Continue Reading the above article 'Why Santander agreed to an $11.8 million settlemen...
Nissan's investigation into alleged misconduct by Chairman Carlos Ghosn is expanding to include Renault-Nissan finances, sources told Reuters.
Continue Reading the above article 'Nissan said to expand Ghosn misconduct probe to in...
The Trump administration has invited the CEOs of three German automakers for talks at the White House as European and U.S. officials try to negotiate a new trade agreement, Bloomberg reported
Continue Reading the above article 'Trump plans meeting with CEOs of Daimler, BMW and ...
Renault-Nissan-Mitsubishi, the world's largest car alliance, is facing its biggest challenge yet with the arrest of its Chairman, Carlos Ghosn, which could threaten to upend the union of automakers he began to forge almost two decades ago.
Continue Reading the above article 'Renault-Nissan-Mitsubishi alliance under threat fo...
Renault's board appointed an interim chairman and handed new powers to its chief operating officer to replace embattled boss Carlos Ghosn following his arrest in Japan on suspicion of financial misconduct, sources told Reuters.
Continue Reading the above article 'How Renault is running its business without Ghosn...
Honda aims to break through traditional holiday advertising, with the Grinch hacking its annual holiday campaign and social media accounts.
Continue Reading the above article 'Can the Grinch save Honda's U.S. sales?...
The zero-percent auto loan is making a comeback, though it's probably going to last only as long as the holidays.
Continue Reading the above article 'Why the zero percent car loan is still alive...
Who is Greg Kelly? The first American board member for Nissan -- accused of being "one of the two masterminds" behind the financial misdeeds -- has a background in law and human resources.
Continue Reading the above article 'Who is Carlos Ghosn's alleged co-conspirator, Greg...
The White House doesn't seem to know how to kill regulations it doesn't like.
Continue Reading the above article 'Keystone XL pipeline case portends struggle for Tr...
Nissan Chairman Carlos Ghosn would face a maximum penalty of up to 10 years in prison and/or a fine of up to 10 million yen if convicted of financial improprieties in Japan.
Continue Reading the above article 'Ghosn faces 10-year jail sentence if convicted of ...
Mali is on track to start lithium production by 2020 following the discovery of exploitable reserves, a senior mines ministry official told Reuters.
Continue Reading the above article 'Mali to produce lithium by 2020 after 694,000 tons...
Nissan's superior earnings and volumes should put it in the driving seat of its alliance with Renault but the setup of the cross-shareholdings binding the companies together means that Renault, and ultimately the French government, will not let go...
Continue Reading the above article 'Separating Renault-Nissan would be bloody...
It was not immediately clear whether tariffs against Canada would also be lifted after Canada, Mexico and the United States sign the revamped trade deal, slated to happen this month.
Continue Reading the above article 'Mexico expects U.S. to begin lifting tariffs with ...
Nissan paid "huge sums" for Carlos Ghosn's residences in four cities where there were no business justifications, Japanese broadcaster NHK reported, as questions swirled over what led to the downfall of one of the world's most recognizable...
Continue Reading the above article 'Ghosn property deals may have led to arrest...
Finished-vehicle logistics tends to go unnoticed in the automotive sector compared with manufacturing and marketing #8212; until a shipping delay creates a shortage at dealerships.
Continue Reading the above article 'As automakers move more vehicles via ship, investm...
Carlos Ghosn's potential ouster as chairman of Nissan after his arrest for alleged violations of Japan's financial laws raises the question: Can the Renault-Nissan-Mitsubishi Alliance survive without him?
Continue Reading the above article 'Carlos Ghosn's scandal raises questions about the ...
Nissan Chairman Carlos Ghosn was arrested in Japan, and the Japanese carmaker he once saved from the brink of bankruptcy now plans to fire the high-flying executive for allegedly being the 'master mind' behind 'significant'...
Continue Reading the above article 'Carlos Ghosn, head of Renault-Nissan-Mitsubishi al...
Everything old may be new again, but eventually, everything that's new again grows old. Except, perhaps, for the Dodge Challenger.
Continue Reading the above article 'Dodge Challenger powers on while novelty wears off...
With a generation of big-name carmaker CEOs nearing retirement age, the issue of succession has been front and center of industry minds in recent months. Nobody expected it to be settled like this.
Continue Reading the above article 'Ghosn's arrest creates a world of trouble for Rena...
The downfall of kings is bloody and swift. That certainly looks to be the experience of Carlos Ghosn.
Continue Reading the above article 'Why Nissan's Carlos Ghosn scandal looks like a pal...
Elon Musk floated the idea of working with a familiar ally on electric work vans after being guilt-tripped on Twitter for using fuel-burning vehicles to service Tesla models.
Continue Reading the above article 'Elon Musk tweets about partnering with Daimler on ...
Subaru seeks to electrify at the Los Angeles Auto Show with the brand's first plug-in hybrid, a gasoline-electric version of the Crosstrek that arrives in U.S. dealerships by year end.
Continue Reading the above article '2019 Subaru Crosstrek Hybrid will be unveiled at L...
Carlos Ghosn was set to end his career in a few years as a towering industry figure. But it seems that will no longer happen after his arrest in Japan on charges of financial misconduct.
Continue Reading the above article 'Carlos Ghosn's legacy at risk following massive sc...
Colorado has become the 13th state, along with the District of Columbia, to adopt low-emission vehicle standards based on those of California. The state's dealer group criticized the decision as a misguided interference in the free market.
Continue Reading the above article 'Colorado adopts California clean-car standard...
France will work to preserve the stability of Renault and its alliance with Nissan, President Emmanuel Macron said after the Japanese automaker took steps to oust Chairman Carlos Ghosn over alleged financial irregularities.
Continue Reading the above article 'France's Macron vows to maintain Renault-Nissan st...
Carlos Ghosn's shocking arrest in Japan over financial improprieties threatens to remove the leader of Renault-Nissan-Mitsubishi in the midst of unprecedented changes in the auto industry.
Continue Reading the above article 'Why it's a bad time for Renault-Nissan to lose Car...
GM argues that EPA fuel economy ratings for its 2.7-liter four-cylinder engine don't tell the whole story.
Continue Reading the above article 'GM says ignore the mpg label on 4-cylinder Silvera...
Reducing the number of side-mirror configurations on the Explorer is a small change but a telling example of how Ford let itself fall back out of shape after tiptoeing around bankruptcy -- and the sort of bloat CEO Jim Hackett sees as a threat to...
Continue Reading the above article 'Ford's consolidation of side-mirror configurations...
Penske Automotive Group Inc. and other public retailers are offering financial rewards to employees and their spouses for things like getting a physical or completing biometric screenings.
Continue Reading the above article 'Penske, LIthia to workers: Get a physical, save mo...
Chinese automaker Zotye has begun signing up U.S. retailers and plans to "really shake things up" when it comes to factory-dealer norms.
Continue Reading the above article 'Zotye USA wants to start selling a Chinese-made cr...
The need for traditional dealers to get innovative in the pre-owned space was apparent at the 2018 Used Car Week annual event in Scottsdale, Ariz.
Continue Reading the above article 'Dealers need to innovate with used-vehicles...
Online auctions and the digital tools that accompany them are key to vehicle wholesalers' futures.
Continue Reading the above article 'Online auctions key to wholesalers' future...
JCI's big battery unit just sold for billions -- and believe it or not, electric vehicles are not where the future action is.
Continue Reading the above article 'What JCI sale isn't: Prelude to a leap into EV bat...
Provisional agreement on a new North American trade pact was supposed to reduce economic uncertainty for the industry after months of acrimonious negotiations. But less than two weeks before the official signing of the U.S.
Continue Reading the above article 'Industry on edge with trade pact signing near...
The redesigned Corolla must prove it can deliver more stability and power to Toyota's U.S. car sales, which are down 11 percent this year.
Continue Reading the above article 'Toyota looks to quieter 2020 Corolla to make some ...
Volkswagen plans to spend about #8364;44 billion ($50 billion) over the next five years on a comprehensive electrified mobility strategy that includes making at least 15 million battery-powered autos and further research into autonomous driving
Continue Reading the above article 'VW: $50 billion for EVs, mobility...
In a rare move, Honda chose someone from its powersports division to lead manufacturing for a car, the third-generation Insight.
Continue Reading the above article 'Honda manager tackles new terrain as Insight manuf...
After a public feud over customer-data access led to a severed contract, AutoNation and TrueCar made amends. Now, the dealership group is giving ex-TrueCar CEO Scott Painter a second chance.
Continue Reading the above article 'AutoNation and Scott Painter patch things up...
Lamborghini CEO Stefano Domenicali is wrestling with how to shape the company's fourth product
Continue Reading the above article 'Lamborghini's Stefano Domenicali: Challenges ahead...
The French automaker, PSA group, is on track with its plans to return to the U.S. through its newly created PSA North America.
Continue Reading the above article 'PSA Group on track with U.S. plans...
Onboard cameras are beginning to watch drivers to make sure they have their eyes on the road. Is this a Pandora's box of privacy issues?
Continue Reading the above article 'Onboard cameras a Pandora's Box?...
Former Ford Motor Co. CEO Alan Mulally, speaking at the National Auto Auction Association's annual convention, knocked tax credits and mandates for EVs as ineffective policy tools.
Continue Reading the above article 'Mulally preaches routine in times of disruption...
Rainbow Coalition President Jesse Jackson said Toyota "seems to have the idea that doing business with us is good for business, not the cost of doing business."
Continue Reading the above article 'Ford, Toyota recognized by Jesse Jackson's Rainbow...
The community surrounding AutoNation Ford Panama City looks like a war zone after Hurricane Michael. Still, dealership employees have found a sense of normalcy and routine in returning to the battered store.
Continue Reading the above article 'With help from AutoNation and Ford, a battered Flo...
Nissan says its push to improve profitability in the crucial U.S. market is taking more time and money than expected.
Continue Reading the above article 'Nissan's U.S. profit push bogs down as sales slow...
Crash tests by the Insurance Institute for Highway Safety have violently demonstrated just how safe the latest generation of pickups has become, even compared with models from only a few years ago.
Continue Reading the above article 'Crash tests show growing safety of new-gen pickups...
Porsche is looking to expand its Porsche Classic operations to build its lucrative vehicle service business through its U.S. dealerships.
Continue Reading the above article 'Porsche sees dealer gold in classic cars...
FCA's slumping Maserati business is a headache for new CEO Mike Manley after the brand's profitability and vehicle sales went into a steep slide.
Continue Reading the above article 'Maserati profit slide, lack of new products is a h...
Pennsylvania dealerships' annual car show builds brand recognition while raising money for a heartwarming charitable cause.
Continue Reading the above article 'Mopar show builds brand recognition...
President Donald Trump said he would nominate the acting head of the Environmental Protection Agency, Andrew Wheeler, to take on the position permanently.
Continue Reading the above article 'Why Trump wants Andrew Wheeler to be the EPA's per...
The Toyota-Mazda manufacturing joint venture said it planned to begin construction next month of its giant $1.6 billion assembly plant in Alabama, with hopes of launching production in 2021.
Continue Reading the above article 'Toyota, Mazda break ground on Alabama assembly pla...
Volkswagen Group said it will spend 44 billion euros ($50.2 billion) on electric vehicles, digitalization, autonomous driving and new mobility services by 2023. The 44 billion euro plan is 10 billion euros ($11.
Continue Reading the above article 'VW to spend $50.2 billion on electric, autonomous ...
President Trump said he is optimistic about resolving the trade dispute with China after receiving a response to his demands from Beijing, ahead of a meeting this month with China's Xi Jinping.
Continue Reading the above article 'Trump signals optimism for a China trade deal...
A company formed by two veteran Bosch engineers is seeking to make the open-source software that powers many experimental self-driving cars safe and reliable.
Continue Reading the above article 'Ex-Bosch engineers aim to strengthen self-driving ...
Elon Musk's infamous tweet saying he'd secured funding to take Tesla private did so much damage to so many different kinds of investors that he should have multiple class-action suits, lawyers said.
Continue Reading the above article 'Elon Musk's infamous tweet creates legal morass fo...
Tesla has started taking orders for its Model 3 sedan in China for a deposit of 8,000 yuan ($1,153), according to the electric carmaker's China website.
Continue Reading the above article 'Tesla launches vehicle reservations in China...
Volkswagen Group corrected a key figure used by CEO Herbert Diess in an interview with Automotive News to describe the extent of the automaker's plans for electric vehicles.
Continue Reading the above article 'VW corrects its EV commitment plans...
Volkswagen Group CEO Herbert Diess will take on responsibility for the automaker's business in China in addition to his other duties.
Continue Reading the above article 'VW CEO Diess will succeed Jochem Heizmann as China...
VW's top board is due to vote on a multibillion-euro investment plan, including steps to retool three German plants to mass produce EVs and to explore alliances with battery partners and competitors.
Continue Reading the above article 'VW invests in electrification, seeks to strengthen...
Tesla CEO Elon Musk said he will walk the entire Model 3 production line on Nov. 27 and 28. He said all assembly areas need to be able to support making 1,000 cars per day.
Continue Reading the above article 'Elon Musk will be back on Tesla's assembly line th...
Toyota is slowing down production of the Camry, the top-selling car in the U.S. for 16 years running, underscoring the ongoing slump besetting sedans.
Continue Reading the above article 'Why Toyota is slowing down Camry production...
VW will convert two more plants in Germany to build electric vehicles, creating what the automaker said will be Europe's largest EV production network.
Continue Reading the above article 'VW to create Europe's largest electric-car product...
Volkswagen will invest $1.4 billion to revamp a plant in eastern Germany into Europe's largest electric-car factory, giving chase to a global move into affordable zero-emission vehicles.
Continue Reading the above article 'VW tools German plant for Tesla-fighting electric ...
The revamped 2020 Toyota Corolla sedan will hit the streets on a new platform and with a more powerful engine option and edgier design that gives off a more athletic look. The Corolla, consistently among the top-selling light vehicles in the U.S.
Continue Reading the above article '2020 Toyota Corolla gets more pizazz, faces system...
Just because Ford doesn't have plans to launch a commercial business with autonomous vehicles until 2021 does not necessarily mean the company is behind, argues Sherif Marakby, CEO of Ford Autonomous Vehicles.
Continue Reading the above article 'Ford Motor's blueprint for autonomous vehicle prof...
Ford CEO Jim Hackett says the automaker is open to investment by automakers and others in its autonomous vehicle business, but cautioned that expanding partnerships with German automaker Volkswagen AG is a "delicate dance."
Continue Reading the above article 'Ford open to investors in autonomous vehicles but ...
Elon Musk is apparently charting his way out of what he's referred to as 'delivery logistics hell' by making acquisitions and lining up more contracts with car haulers.
Continue Reading the above article 'Why Elon Musk is tweeting about more trucks at Tes...
Peter Zieringer, CEO of Mercedes-Benz Financial Services USA, will leave his post to lead Daimler Financial Services' European operations. Peter Henn will replace him.
Continue Reading the above article 'Daimler Financial chairman's retirement spurs lead...
The Honda Passport, being revived as a two-row crossover slotted between the CR-V and Pilot, will compete next year with the Ford Edge, Chevrolet's new Blazer, Hyundai's Santa Fe and Nissan's Murano.
Continue Reading the above article 'Honda Passport to debut at L.A. auto show...
Dayco, a maker of engine parts for vehicles and industrial equipment, has received offers from bidders including Apollo Global and Gores Group, people familiar with the matter told Bloomberg.
Continue Reading the above article 'Michigan auto supplier Dayco could sell for $1 bil...
Auto industry groups used a trade commission hearing to warn about the ill effects from U.S. steel and aluminum tariffs, and potential new tariffs on autos and auto parts.
Continue Reading the above article 'Industry groups say steel and auto tariffs undermi...
China' Didi Chuxing says it will butt heads with Uber in Mexico City, Latin America's biggest metropolis, starting as soon as next month. And a startup owned by Daimler also is coming to town.
Continue Reading the above article 'Another Uber competitor plans push into Mexico Cit...
Fiat Chrysler accidentally -- or maybe on purpose -- leaked pictures and specs of the new Jeep pickup that goes on sale next year.
Continue Reading the above article 'Jeep Gladiator pickup photos leaked...
VW Group, Fiat Chrysler and Renault were among the biggest losers last month as Europe car sales fell 7 percent following the introduction of a new testing regime in September.
Continue Reading the above article 'WLTP testing hits VW Fiat Chrysler sale sin Europe...