Beirut – Former Nissan Motor Co. Chairman Carlos Ghosn is helping everyone who stood by him, he said in an interview broadcast on Saturday, though he declined to comment on cases of people accused of helping him flee to Lebanon from Japan. Ghosn, the ex-chairman of an automaking alliance of Renault SA, Nissan Motor Co.… Continue reading Ex-Nissan boss Carlos Ghosn says he is helping everyone who stood by him – The Japan Times
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Audi Snubs EVs, Says Will Continue To “Massively” Invest In Combustion Engines – CleanTechnica
Cars Published on July 11th, 2020 | by Johnna Crider July 11th, 2020 by Johnna Crider In what seems to be an obvious snub toward electric vehicles, Audi’s new CEO, Markus Duesmann, said the company will continue to “massively” invest in combustion engines. Audi, which is a Volkswagen Group subsidiary, plans to continue its investment… Continue reading Audi Snubs EVs, Says Will Continue To “Massively” Invest In Combustion Engines – CleanTechnica
US says Carlos Ghosn wired money to man who helped him flee Japan – ETAuto.com
The disclosure came less than a day after the men, Michael Taylor and his son Peter Taylor, who are trying to avoid extradition to Japan in connection with Ghosn’s escape, petitioned a U.S. judge to release them on bail. New York: Carlos Ghosn, the former Nissan Motor Co chairman, wired $862,500 last year to a… Continue reading US says Carlos Ghosn wired money to man who helped him flee Japan – ETAuto.com
Daimler CEO sees ‘drastic’ pay cuts, deeper restructuring – ETAuto.com
Daimler’s restructuring plan, issued in November, called for cutting its workforce by more than 10,000 to slash 1.4 billion euros ($1.6 billion) off personnel spending by 2022. Daimler AG Chief Executive Officer Ola Kallenius said the maker of Mercedes-Benz cars and the industry as a whole face painful cutbacks to overcome the economic fallout of… Continue reading Daimler CEO sees ‘drastic’ pay cuts, deeper restructuring – ETAuto.com
Ford, Volkswagen to Make Electric and Autonomous Vehicles Together – IndustryWeek
Ford, Volkswagen to Make Electric and Autonomous Vehicles Together IndustryWeek Go to Source
Mercedes teases new S-Class, electric EQS – Automotive News Europe
The new Mercedes S-Class will bring a “completely new level” of artificial intelligence to the luxury sedan class when it goes on sale later this year, Daimler CEO Ola Kallenius said. Mercedes revealed the front of the car in a teaser photograph ahead of its launch in the second half. The picture showed the car’s… Continue reading Mercedes teases new S-Class, electric EQS – Automotive News Europe
Nissan’s newish boss wants to re-engineer the troubled carmaker – The Economist
Remodelling the global alliance with Renault and Mitsubishi will be tougher NISSAN IS IN for a makeover. On July 15th the Japanese carmaker will unveil what is rumoured to be a sleeker, more minimalist logo more in line with the contemporary aesthetic. To its boss, Uchida Makoto, the redesign is the outward expression of deeper… Continue reading Nissan’s newish boss wants to re-engineer the troubled carmaker – The Economist
US judge orders heads of GM, FCA to try to resolve GM racketeering lawsuit – ETAuto.com
U.S. District Court Judge Paul Borman called on GM CEO Mary Barra and FCA CEO Mike Manley to meet in person to try to resolve a case that could drag on for years. DETROIT: A federal judge in Detroit on Tuesday ordered the chief executives of automakers General Motors Co and Fiat Chrysler Automobiles NV… Continue reading US judge orders heads of GM, FCA to try to resolve GM racketeering lawsuit – ETAuto.com
Audio of controversial Carlos Ghosn comment by Nissan attorney published – ArabianBusiness.com
Nissan’s attorney in Lebanon was quoted as saying that an IMF bailout of Lebanon was dependent on Carlos Ghosn’s return to Japan Saudi Arabia-based Arab News has published the audio of an interview with an attorney for Nissan, after he denied stating that an International Monetary Fund (IMF) bailout of Lebanon was dependant on the… Continue reading Audio of controversial Carlos Ghosn comment by Nissan attorney published – ArabianBusiness.com
Volkswagen CEO, After Board Fight, Faces Challenging Road Ahead – The Wall Street Journal
A Volkswagen plant in Germany in April. The company’s first-quarter production fell 25% to just under two million vehicles. Photo: swen pfoertner/press pool By William Boston Close William Boston Biography @berlindiary BerlinDiary william.boston@wsj.com Updated June 9, 2020 5:41 pm ET BERLIN—The surprise changes that stripped Volkswagen AG Chief Executive Herbert Diess of some of his… Continue reading Volkswagen CEO, After Board Fight, Faces Challenging Road Ahead – The Wall Street Journal