Disclosing annual executive pay over 100 million yen (about USD 1 million) became a requirement in Japan from 2010. Ghosn had been getting about 10 times that. Tokyo: A Nissan employee testified Tuesday that he worked with another former Nissan executive, American Greg Kelly to find ways to pay the automaker’s former chairman, Carlos Ghosn… Continue reading Nissan employee testifies against American on trial in Japan
Tag: Renault
@VW Group: Audi R8 LMS wins round of the GT World Challenge at Zandvoort
The Belgian Audi Club Team WRT celebrated its second victory of the season in the GT World Challenge Sprint Cup at Zandvoort and remains at the top of the standings. The Audi RS 3 LMS contributed to a successful weekend of Audi Sport customer racing with a total of four wins worldwide. Audi R8 LMS… Continue reading @VW Group: Audi R8 LMS wins round of the GT World Challenge at Zandvoort
@Daimler: After 36 years with Daimler: Stefan Buchner retires
Stuttgart – Farewell to Stefan Buchner: After 36 years in various management functions in the Daimler Group, the current Member of the Board of Management of Daimler Truck AG and Head of Mercedes-Benz Trucks will retire on 30 September 2020. “My work for Daimler AG has taken me into many exciting areas of the Group… Continue reading @Daimler: After 36 years with Daimler: Stefan Buchner retires
Europa Press: Nissan says Acciona has rejected a new contract and is preparing to internalize000480
Acciona workers warn that they will resort to judicial means and “a social war” BARCELONA, Sep 26 (EUROPA PRESS) – The management of Nissan Motor Ibérica has confirmed this Saturday that Acciona, as a subcontracted company, has rejected the proposal to sign a new contract until December 31, 2021 – thus ending the consultation period… Continue reading Europa Press: Nissan says Acciona has rejected a new contract and is preparing to internalize000480
Nissan to launch slew of new vehicles in China over next five years, CEO says
By Norihiko Shirouzu 3 Min Read BEIJING (Reuters) – Nissan Motor’s chief executive 7201.T said on Saturday he planned to launch a number of new vehicles in the growing Chinese market over the next five years, including electrical cars, that could help the struggling Japanese automaker return to profit. Nissan Chief Executive Officer Makoto Uchida… Continue reading Nissan to launch slew of new vehicles in China over next five years, CEO says
Mitsubishi Motors to cut 500-600 jobs to reduce costs: sources
By Maki Shiraki 2 Min Read FILE PHOTO: A man walks near Mitsubishi cars as he visits Tokyo Motor Show in Tokyo, Japan October 24, 2019. REUTERS/Soe Zeya Tun TOKYO (Reuters) – Mitsubishi Motors Corp 7211.T will seek voluntary retirement from 500 to 600 employees, mostly in management, in Japan from mid-November to cut costs,… Continue reading Mitsubishi Motors to cut 500-600 jobs to reduce costs: sources
World NM: Hyundai Motor Group hires ex-PSA powertrain expert000176
Raposo will be responsible for engine, transmission and electrification development for Hyundai Motor Co. and Kia Motors Corp. starting Monday. Raposo served in the R&D division involving powertrain, electric vehicle and battery development at Renault S.A., Nissan Motor Co. and Peugeot carmaker Groupe PSA for 30 years. Hyundai Motor Group has hired former BMW designer… Continue reading World NM: Hyundai Motor Group hires ex-PSA powertrain expert000176
@Renault: 30 000 000 of LADA000065
On September 24, the 30-millionth LADA car rolled off the Assembly line of AVTOVAZ JSC – it became a red LADA Granta sedan in a special #CLUB series, which will later become an exhibit of the LADA corporate Museum.The anniversary car release ceremony was held in the presence of Luca DE MEO, Chief Executive Officer… Continue reading @Renault: 30 000 000 of LADA000065
Hyundai Motor Group appoints Alain Raposo to lead powertrain tech unit
Hyundai Motor Group announced today it has appointed Alain Raposo as Executive Vice President in charge of its Powertrain Tech Unit at the Group’s Research and Development Division. Alain Raposo will be responsible for engine, transmission and electrification development for Hyundai and Kia brands at Hyundai Motor Group’s global R&D headquarters, starting on September 28.… Continue reading Hyundai Motor Group appoints Alain Raposo to lead powertrain tech unit
@Mitsubishi: MITSUBISHI MOTORS Rolls Out the OUTLANDER PHEV in Puerto Rico
TOKYO, Sept 25, 2020 – (JCN Newswire) – MITSUBISHI MOTORS CORPORATION (MMC) continues its plug-in hybrid initiative by launching the OUTLANDER PHEV in Puerto Rico. The electrified model offers a mobility alternative that is less harmful to the environment and answers to the growing needs of consumers in Puerto Rico who seek to be at… Continue reading @Mitsubishi: MITSUBISHI MOTORS Rolls Out the OUTLANDER PHEV in Puerto Rico