Automobili Pininfarina will follow its electric hypercar, the PF0, with three SUVs, of which the most powerful one – codenamed PF1 – will rival the Lamborghini Urus. As first reported by our sister site Autocar India, development work on the PF1 SUV has already begun back in the Mahindra-owned car maker’s headquarters in Munich. “Work… Continue reading Pininfarina to launch electric super-SUV using Rivian tech
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Carlos Ghosn will be charged on Monday with minimal charges
After 22 days of detention and interrogation by Tokyo prosecutor Carlos Ghosn, the CEO Renault, should be formally indicted next Monday in a proceeding that should lead to a trial in several quarters. Greg Kelly, his former right hand man at Nissan , will also be formally charged. The prosecution accuses the two men of… Continue reading Carlos Ghosn will be charged on Monday with minimal charges
Carlos Ghosn should be indicted Monday, December 10 by the Tokyo Prosecutor’s Office
Carlos Ghosn is expected to be charged with financial malpractice by the Tokyo prosecutor’s office on Monday, December 10, the day his incarceration ends, reports Nikkei newspaper on Friday, December 7, citing unidentified sources. Former Nissan president accused of undervaluing his income. Carlos Ghosn’s former advisor to Japanese automaker Greg Kelly is also expected to… Continue reading Carlos Ghosn should be indicted Monday, December 10 by the Tokyo Prosecutor’s Office
Tesla General Counsel Todd Maron is leaving the company
Bobby Yip | Reuters
Tesla Chief Executive Elon Musk stands on the podium as he attends a forum on startups in Hong Kong, China.
Tesla announced on Friday that General Counsel Todd Maron is leaving the electric vehicle maker, the second high-ranking attorney to do so this quarter. Last month, Phil Rothenberg left his post as Tesla's Vice President of Legal, to become general counsel at Sonder, a hospitality start-up.
The Wall Street Journal reported news of Maron's departure, and Tesla acknowledged the personnel moves in a blog post following the report.
The electric car company said it plans to replace Maron with seasoned Beltway trial lawyer Dane Butswinkas, a chairman at Williams & Connolly, who was also a Co-Chair in the firm's Commercial Litigation, Financial Services and Banking Groups.
Butswinkas will report directly to CEO Elon Musk, and will oversee Tesla's legal and government relations teams, according to Tesla's statement.
Tesla specified, in their announcement, that Maron will stay on through January to ensure a smooth hand-off to his successor.
Maron's leaving Tesla comes as a surprise to many due to his longstanding relationship with Musk. He served as the billionaire's divorce attorney via a boutique family law firm, Jaffe and Clemens, prior to joining Tesla in 2013 as deputy counsel.
Tesla is currently facing a host of lawsuits and regulatory probes.
And the company is working to become compliant with terms of a settlement it struck earlier this year with the U.S. Securities and Exchange Commission, after Musk tweeted that he could take the company private at $420 a share. The settlement requires Tesla to employ an “experienced securities lawyer” to review social media communications by its senior officers, including Musk.
Jaguar Land Rover UK boss: buyers don’t want digital-only car sales
Consumers don’t want to buy a car totally online, according to Jaguar Land Rover (JLR) UK managing director Rawdon Glover. “Less than 10% of customers want a completely digital experience,” he said. “Manufacturers that will win in this space will make the car-buying journey as easy as possible.” JLR is one of a number of car… Continue reading Jaguar Land Rover UK boss: buyers don’t want digital-only car sales
Startup Byton will start marketing in 2019
The Chinese startup and Tesla challenger Byton will start marketing the M-Byte SUV in 2019. Some companies, not least those from China, have Tesla challenged in the market with electric cars. Not all succeeded and is a prominent example of a temporary failed challenge Faraday Future, The Chinese startup Byton also relies on e-cars, which… Continue reading Startup Byton will start marketing in 2019
Briefing: ofo may soon require users to park bikes in designated areas
Dec 7, 2018 ofo将于本月10日推新版用户停车规范，用户须在指定区域停车 – PingWest What happened: ofo released a somewhat vague notice on Thursday (Dec. 6) saying it would begin regulating users’ parking habits across China. In response to government requests to reduce the “negative impact on society” of improperly parked bikes, ofo will begin enforcing new rules in select cities beginning Dec. 10.… Continue reading Briefing: ofo may soon require users to park bikes in designated areas
BAIC ups next-gen tech drive
Copyright 1995 – . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested… Continue reading BAIC ups next-gen tech drive
Enovate’s novel approach to fun aims to inspire car sector
Copyright 1995 – . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested… Continue reading Enovate’s novel approach to fun aims to inspire car sector
Ford Cost-Cutting Plans Could Be More Severe Than GM, Says Morgan Stanley Analyst – MSN Autos
© Ford An analyst for investment bank Morgan Stanley predicts that Ford will follow in the footsteps of General Motors and eliminate thousands from its workforce in 2019 as part of a grand cost-cutting campaign said to total $11 billion. The analyst, Adam Jonas, wrote Monday that he forecasts large-scale job eliminations at Ford, which… Continue reading Ford Cost-Cutting Plans Could Be More Severe Than GM, Says Morgan Stanley Analyst – MSN Autos