Chapelhouse Motor Group has completed the acquisition of three motor retail sites from Bolton Car Company for an undisclosed sum. Taking its number of sites to nine, £58.7 million (2018) turnover Chapelhouse has taken on BCC’s Suzuki franchises in Bolton and Blackburn and its Citroen franchise in Wigan. Chapelhouse Group operations director, Chris Layton, said:… Continue reading Chapelhouse acquires three dealerships from Bolton Car Company
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Nissan cuts last remaining ties with Carlos Ghosn
Shareholders strip former chairman of title as director and eject him from board Go to Source
PSA Group open to acquisition or merger with Jaguar Land Rover
PSA Group open to acquisition or merger with Jaguar Land Rover
In brief: Grab to raise another $2 billion
The funding will be a mix of debt and equity. Go to Source
In brief: Go-Jek is Southeast Asia’s second ‘decacorn’ with $10b valuation
The rising valuation comes as the app expands across the region. Go to Source
Honda will stop car production in Turkey after 2021: statement
The Honda booth displays the company logo at the North American International Auto Show in Detroit, Michigan, U.S., January 16, 2018. REUTERS/Jonathan Ernst ISTANBUL (Reuters) – Honda has decided to end car production in Turkey following completion of the production of its current Civic Sedan model in 2021, the company said in a statement on… Continue reading Honda will stop car production in Turkey after 2021: statement
Nissan shareholders sever last ties with ousted Ghosn
TOKYO (Reuters) – Nissan Motor Co shareholders ousted erstwhile boss Carlos Ghosn as a director on Monday, severing his last ties with the company he rescued from near-bankruptcy two decades ago and from which he is now accused of siphoning funds. FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn sits inside a car as he… Continue reading Nissan shareholders sever last ties with ousted Ghosn
Lucas TVS diversifies into EV components
Lucas TVS diversifies into EV components
Nissan considering claiming damages against Ghosn, CEO says
FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn sits inside a car as he leaves his lawyer’s office after being released on bail from Tokyo Detention House, in Tokyo, Japan, March 6, 2019. REUTERS/Issei Kato/File Photo TOKYO (Reuters) – Nissan Motor Co is considering claiming damages against ousted boss Carlos Ghosn over alleged financial misconduct,… Continue reading Nissan considering claiming damages against Ghosn, CEO says
Nissan CEO tells shareholders Ghosn scandal won’t be fixed overnight
FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn sits inside a car as he leaves his lawyer’s office after being released on bail from Tokyo Detention House, in Tokyo, Japan, March 6, 2019. REUTERS/Issei Kato/File Photo YOKOHAMA, Japan (Reuters) – Nissan Motor Co Ltd Chief Executive Hiroto Saikawa began an extraordinary shareholders meeting on Monday… Continue reading Nissan CEO tells shareholders Ghosn scandal won’t be fixed overnight