FILE PHOTO: Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, attends the Tomorrow In Motion event on the eve of press day at the Paris Auto Show, in Paris, France, October 1, 2018. REUTERS/Regis Duvignau/File Photo TOKYO (Reuters) – Arrested auto executive Carlos Ghosn improperly received 7.8 million euros ($9 million) in compensation from… Continue reading Ghosn received $9 million improperly from Mitsubishi-Nissan JV: companies
Author: Ritters US Newsfeed
UPDATE 1-Four Audi managers indicted in U.S. VW diesel emissions probe -documents
WASHINGTON (Reuters) – A federal grand jury in Detroit on Thursday indicted four managers at Volkswagen AG’s (VOWG_p.DE) luxury Audi unit as part of the U.S. government’s investigation into the German automaker’s diesel emissions cheating scandal, according to court documents. An Audi logo is pictured at the Frankfurt Motor Show (IAA) in Frankfurt, Germany September… Continue reading UPDATE 1-Four Audi managers indicted in U.S. VW diesel emissions probe -documents
Four Audi managers indicted in U.S. VW diesel emissions probe -court documents
An Audi logo is pictured at the Frankfurt Motor Show (IAA) in Frankfurt, Germany September 16, 2017. REUTERS/Ralph Orlowski WASHINGTON (Reuters) – A federal grand jury in Detroit on Thursday indicted four managers at Volkswagen AG’s (VOWG_p.DE) luxury Audi unit as part of the U.S. government’s investigation into the German automaker’s diesel emissions cheating scandal,… Continue reading Four Audi managers indicted in U.S. VW diesel emissions probe -court documents
Audi Hungary workers to hold warning strike on Friday
FILE PHOTO: The logo of Audi is seen during the first press day of the Paris auto show, in Paris, France, October 2, 2018. REUTERS/Regis Duvignau BUDAPEST (Reuters) – Workers at German carmaker Audi’s (NSUG.DE) plant in the Hungarian city of Gyor were to go on a two-hour warning strike on Friday as they try… Continue reading Audi Hungary workers to hold warning strike on Friday
CORRECTED-Nissan to lay off 700 contract workers in Mississippi
(Reuters) – Nissan Motor Co Ltd’s (7201.T) U.S. arm said on Thursday it plans to lay off up to 700 contract workers at its Mississippi assembly plant, citing slowing sales of its vans and Titan pickup trucks. The Nissan logo is displayed at the North American International Auto Show in Detroit, Michigan, U.S., January 15,… Continue reading CORRECTED-Nissan to lay off 700 contract workers in Mississippi
Nissan to lay off 700 contract workers in Mississippi
The Nissan logo is displayed at the North American International Auto Show in Detroit, Michigan, U.S., January 15, 2019. REUTERS/Brendan Mcdermid (Reuters) – Nissan Motor Co Ltd’s (7201.T) U.S. arm said on Thursday it plans to lay off up to 700 contract workers at its Mississippi assembly plant, citing slowing sales of its vans and… Continue reading Nissan to lay off 700 contract workers in Mississippi
Renault says it is considering new governance, CEO Ghosn succession
FILE PHOTO: General view of the Renault automaker company headquarters is seen in Boulogne-Billancourt, near Paris, France November 21, 2018. REUTERS/Gonzalo Fuentes/File Photo PARIS (Reuters) – Renault (RENA.PA) confirmed on Thursday that it was considering new leadership to replace embattled Chairman and CEO Carlos Ghosn, after French Finance Minister Bruno Le Maire called publicly for… Continue reading Renault says it is considering new governance, CEO Ghosn succession
Musk tweets Tesla to end customer referral plan because of costs
Tesla and SpaceX CEO Elon Musk participates in a “fireside chat” at the National League of Cities (NLC) 2018 City Summit in Los Angeles, California, U.S. November 8, 2018. REUTERS/Kyle Grillot (Reuters) – Tesla Inc’s (TSLA.O) customer referral incentive plan will end on Feb. 1, the electric carmaker’s Chief Executive Officer Elon Musk tweeted on… Continue reading Musk tweets Tesla to end customer referral plan because of costs
Renault executives, French government officials to meet Nissan CEO: Nikkei
TOKYO/PARIS (Reuters) – Renault executives and French government officials were planning to meet Nissan CEO Hiroto Saikawa in Japan on Thursday, Japanese media said, as the automakers consider their partnership in the wake of alliance Chairman Carlos Ghosn’s arrest. FILE PHOTO: The logos of car manufacturers Renault and Nissan are seen in front of a… Continue reading Renault executives, French government officials to meet Nissan CEO: Nikkei
Exclusive: British Lotus cars to be ‘Made in China’ at new Geely plant: documents
BEIJING/SHANGHAI (Reuters) – The Chinese owner of Lotus plans to start producing the British sports car brand in China for the first time with the opening of a new 9 billion yuan ($1.3 billion) factory in Wuhan city, company job advertisements and government documents showed. FILE PHOTO: The Lotus Exige Sport 410 is seen during… Continue reading Exclusive: British Lotus cars to be ‘Made in China’ at new Geely plant: documents