Category: Automotive

Carlos Ghosn received £6.9m in ‘improper’ payments, says Nissan

Carlos Ghosn Nissan and Mitsubishi say he was paid from joint venture without consulting board Carlos Ghosn has denied all financial misconduct. Photograph: Koichi Kamoshida/EPA Nissan and Mitsubishi have accused their former chairman, Carlos Ghosn, of receiving €7.8m (£6.9m) in “improper payments” from a joint venture between the Japanese carmakers without consulting other board members.… Continue reading Carlos Ghosn received £6.9m in ‘improper’ payments, says Nissan

Pollutionwatch: transport’s true cost to the environment

Pollutionwatch Environment Our polluting behaviours are subsidised by taxes and a lowering of quality of life Taxes and charges paid by transport users cover less than half the true cost. Photograph: Action Press/Rex/Shutterstock The “polluter pays” principle feels like natural justice. We would all agree factory owners should be responsible for the pollution they cause.… Continue reading Pollutionwatch: transport’s true cost to the environment

May Mobility travels through Columbus (Ohio)

The autonomous startup, May Mobility, has arrived in the city of Columbus, Ohio. The startup May Mobility has been around December 2018 also in the city Columbus in the US state Ohio represented. A fleet of automated vehicles can be used for sightseeing tours. The pilot project leads interested people to parks, museums and more.… Continue reading May Mobility travels through Columbus (Ohio)

Millions of Heavy Payments to Renault CEO – Nissan Demands Money: Ghosn is said to have received money from subsidiary

REUTERS Mitsubishi Motors: Ghosn received money from the subsidiary – without the board knowing The Ex-Chairman of the Ex-Board of Directors in custody Nissan and Mitusbishi, Carlos Ghosn, is reported to have received funds from a Dutch subsidiary without any knowledge of the board of directors following internal investigations. The sum had been transferred “illegally”… Continue reading Millions of Heavy Payments to Renault CEO – Nissan Demands Money: Ghosn is said to have received money from subsidiary

Imprisonment threatens: US justice sued four ex-Audi managers in the diesel scandal

DPA Audi export vehicles in the port of Emden: Against four ex-managers of the VW subsidiary was charged in the US indictment. Rupert Stadler does not count The US judiciary wants in the Exhaust scandal of Volkswagen Group now also presumed responsible of Audi hold to account. An indictment was filed against four ex-employees of… Continue reading Imprisonment threatens: US justice sued four ex-Audi managers in the diesel scandal

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THE HOUSE OF ROLLS-ROYCE CELEBRATES MOST SUCCESSFUL EVER YEAR FOR BESPOKE

Following the House of Rolls-Royce’s recent announcement of the highest annual results in its 115-year history, the marque reflects on some of 2018’s finest examples of Bespoke engineering, design and craftsmanship. Rolls-Royce shuns mass-luxury ‘tick-box’ options in favour of Bespoke creations that no other manufacturer can achieve. 2018 will be remembered as one of the… Continue reading THE HOUSE OF ROLLS-ROYCE CELEBRATES MOST SUCCESSFUL EVER YEAR FOR BESPOKE

Milestone in the expansion of BMW Brilliance Automotive: CBA General Meeting approves stake sale

Munich. The long-term expansion of the BMW Brilliance Automotive Ltd. (BBA) Joint Venture has achieved a significant milestone: On Friday, a Special General Meeting of Brilliance China Automotive Holdings Ltd. (CBA) in Hongkong approved the sale of a 25 percent shareholding in BBA to the BMW Group. Around 63 percent of the represented shareholders voted in… Continue reading Milestone in the expansion of BMW Brilliance Automotive: CBA General Meeting approves stake sale

Nio uses Mobileye technology

Chinese startup Nio uses the technology of Mobileye. Recently the two companies have Nio and Mobileye, signed a cooperation agreement. In it Nio explains the technology of Mobileye to take over. In return, Nio wants to promote the technology of Mobileye in his Car 3.0 stack. This is a kit for the development of electric… Continue reading Nio uses Mobileye technology