The SEC is investigating whether the Japanese car group has adequately controlled the compensation of its top executives in the United States to avoid undue payments and whether any failures violate US law, according to the Bloomberg agency. The Wall Street Journal also writes that the SEC has also sent a request for information to… Continue reading Nissan targeted by SEC investigation into executive pay
Author: L'Usine Nouvelle
An investigation is opened on the salaries of the leaders of Nissan in the United States
The case Carlos Ghosn knows from now on an American part. Nissan announced Monday, January 28, cooperate with the Securities and Exchange Commission (SEC), the US stock policeman who launched an investigation into the compensation of senior executives of the Japanese automaker in the United States after revelations about the salary of the former CEO… Continue reading An investigation is opened on the salaries of the leaders of Nissan in the United States
The Michelin legacy of Senard, soon to be president of Renault
While Jean-Dominique Senard should soon be called to preside over the destiny of Renault, succeed him at Michelin will not be easy, as the leg of this great boss has marked the life of the factory. In 2012, he became president of the automotive supplier and the one who until then was Michelin’s chief financial… Continue reading The Michelin legacy of Senard, soon to be president of Renault
The Italian group OMA alone in the running to take the stamper Steva
In receivership since April 2018, the 110 employees of Steva were waiting for the intermediate hearing of the Commercial Court of Lyon (Rhône), which took place on January 22, to take note of the offer of recovery filed by the Italian OMA which has finally committed to maintain 83 posts in Bessines-sur-Gartempe (Haute-Vienne). The other… Continue reading The Italian group OMA alone in the running to take the stamper Steva
Toyota and Panasonic will form an alliance in the batteries
The Japaneses Panasonic and Toyota are preparing to create a joint venture in batteries. The new entity, which will be owned 51% by the automaker and 49% by the industrial group, will also provide batteries to Toyota’s partners in electric vehicle technologies, namely Mazda and Subaru, says a source close to folder at Reuters. The… Continue reading Toyota and Panasonic will form an alliance in the batteries
Chinese automaker Chang’an rolls 55 stand-alone SUVs over 3.2 km and breaks new record
China’s Chang’an set a new Guinness record on Nov. 28, staging a rather original parade on its Chongqing test tracks. The automaker has lined up 55 stand-alone versions of its CS55 SUV models, each separated from the others by a width of no more than twice its size. Driving at 30 km / h, they… Continue reading Chinese automaker Chang’an rolls 55 stand-alone SUVs over 3.2 km and breaks new record
Tesla recalls 14,000 Model S in China because of Takata airbags
On Friday, January 18, the Chinese authorities announced the recall of 14,123 Tesla Model S S cars in the country. Electric vehicles would have airbag problems containing parts produced by the Japanese company Takata, which went bankrupt in June 2017. Explosive airbags This is not the first time Takata has been linked to a defective… Continue reading Tesla recalls 14,000 Model S in China because of Takata airbags
For at least ten years, China has been watching its electric cars and is even able to stop them
For at least ten years, electric cars marketed in China transmit a lot of information to the government. It has even opened a center specifically dedicated to their surveillance. In some cases, it is even possible to stop them at a distance. The vehicles send data to their manufacturers, who then have to relay it… Continue reading For at least ten years, China has been watching its electric cars and is even able to stop them
Carlos Ghosn to receive € 7.8 million from Nissan-Mitsubishi joint venture
Nissan and Mistubishi said Friday, January 18 that Carlos Ghosn had unduly received a remuneration of 7.8 million euros through a joint structure to the two automakers in the Netherlands. An investigation by the two Japanese firms found that the former president of Nissan had been compensated by the Nissan entity Mitsubishi BV (NMBV), founded… Continue reading Carlos Ghosn to receive € 7.8 million from Nissan-Mitsubishi joint venture
Paris launches the process to replace Carlos Ghosn at the head of Renault
Bruno Le Maire announced Wednesday (January 16th) that the French government had launched the process to replace Carlos Ghosn as head of Renault, confirming information unveiled on January 15 by Reuters. The French state, the largest shareholder of the French car manufacturer, has asked that Renault’s board of directors be convened “in the coming days”… Continue reading Paris launches the process to replace Carlos Ghosn at the head of Renault