Automotive industry Analysts say carmaker will outline job cuts in new year as part of drive to combat Brexit and falling sales Up to 5,000 roles at JLS could go in 2019, say analysts. Photograph: Bloomberg/Bloomberg via Getty Images Jaguar Land Rover is planning to announce thousands of job cuts in the new year as… Continue reading Jaguar Land Rover to ‘axe up to 5,000 jobs’
Author: The Guardian Online News
Renault keeps Carlos Ghosn at helm despite financial misconduct charges
Carlos Ghosn Company says all payments to Ghosn between 2015 and 2018 were compliant with the law Carlos Ghosn. Photograph: Johannes Eisele/AFP/Getty Images The French carmaker Renault has retained Carlos Ghosn as its chairman and chief executive after finding no irregularities in his pay packages, despite his arrest and continued detention in Japan. Renault said… Continue reading Renault keeps Carlos Ghosn at helm despite financial misconduct charges
Car lobby opposes EU safety bid that ‘would save 1,300 lives a year’
Automotive industry Firms against plans to benchmark new technology that adjusts speed to local limit The new ‘intelligent speed assistance’ technology uses traffic sign recognition and GPS satellite signals to automatically reduce vehicle speeds. Photograph: Don McPhee for the Guardian Car industry lobbyists are pushing the EU to weaken safety technology proposals, even though their… Continue reading Car lobby opposes EU safety bid that ‘would save 1,300 lives a year’
EU relaxation of diesel emission limits was illegal, court rules
Automotive industry Ruling means new generation of so called ‘cleaner’ diesel vehicles can be banned by cities across EU Madrid, along with Paris and Brussels, took the European commission to court over the relaxation of emissions rules. Photograph: Javier Soriano/AFP/Getty Images The new generation of so called “cleaner” diesel vehicles can be banned from Madrid,… Continue reading EU relaxation of diesel emission limits was illegal, court rules
Nissan tries to bar Carlos Ghosn from Rio property over corruption scandal
Carlos Ghosn Firm fears Brazil-born former chairman may destroy evidence if granted access Carlos Ghosn denies using company money to fund a lavish lifestyle. Photograph: Philippe Wojazer/Reuters Nissan is seeking to block its former chairman Carlos Ghosn’s access to an apartment in Rio de Janeiro, citing a risk that he may remove or destroy evidence… Continue reading Nissan tries to bar Carlos Ghosn from Rio property over corruption scandal
Toyota: no-deal Brexit may cost up to £10m a day in lost production
Brexit Company urges MPs to back Theresa May’s deal to avoid disruption to supply chains Toyota’s plant in Burnaston, Derbyshire. Photograph: Toyota/PA Toyota has said a no-deal Brexit would put production of £10m worth of cars a day at risk as it urged MPs to ratify Theresa May’s deal next week. The deputy managing director… Continue reading Toyota: no-deal Brexit may cost up to £10m a day in lost production
‘GM is Oshawa’: Canadians respond to General Motors’ decision to close plant
General Motors Following announcement that company will close three plants, Oshawa employees wonder why theirs is shutting down General Motors workers gather for a meeting near the assembly plant in Oshawa, Ontario, Canada on 26 November. Photograph: Carlos Osorio/Reuters Wet flurries blanketed a sombre Oshawa as hundreds of workers quietly shuffled out of the General… Continue reading ‘GM is Oshawa’: Canadians respond to General Motors’ decision to close plant
Carlos Ghosn sacked as Mitsubishi Motors chairman
Carlos Ghosn Carmaker’s board follows Nissan in ousting executive after misconduct allegations Mitsubishi Motors’ Carlos Ghosn has been accused of under-reporting his income by millions of dollars. Photograph: Etienne Laurent/EPA Carlos Ghosn has been sacked as chairman of Mitsubishi Motors, a week after he was arrested over allegations that he under-reported his income by millions… Continue reading Carlos Ghosn sacked as Mitsubishi Motors chairman
Nissan crisis sheds new light on Japan Inc’s awkward secrets
The Observer Corporate governance Nissan crisis sheds new light on Japan Inc’s awkward secrets The fall of Carlos Ghosn is the just latest in a series of shocks involving some of the country’s biggest companies Nissan’s Carlos Ghosn is now under arrest. Photograph: Toru Yamanaka/AFP/Getty Images Even as Carlos Ghosn sits alone in a tiny… Continue reading Nissan crisis sheds new light on Japan Inc’s awkward secrets
Carlos Ghosn no longer capable of leading Renault, says French minister
Nissan Car executive, who is also chairman of Nissan, arrested in Japan over alleged misconduct Carlos Ghosn presents Renault’s 2010 results. Photograph: Emma Foster/EPA France’s finance minister has declared Carlos Ghosn is no longer capable of leading Renault, after the executive, one of the leading figures in the global car industry, was arrested on Monday… Continue reading Carlos Ghosn no longer capable of leading Renault, says French minister