Nissan CEO Saikawa admits to misconduct in compensation: Jiji

FILE PHOTO: Nissan CEO Hiroto Saikawa attends a news conference to release first quarter earnings at the company headquarters in Yokohama, Japan July 25, 2019. REUTERS/Issei Kato TOKYO (Reuters) – Nissan Motor Co (7201.T) Chief Executive Hiroto Saikawa admitted to misconduct involving stock-related compensation and said he planned to return the portion he had wrongfully… Continue reading Nissan CEO Saikawa admits to misconduct in compensation: Jiji

Press Releases – Access to electric car chargers must be guaranteed, urge auto makers, electricity sector and NGO

Brussels, 4 September 2019 – The European Automobile Manufacturers’ Association (ACEA), Eurelectric and Transport & Environment (T&E) are calling on the European institutions to facilitate a rapid roll-out of smart charging infrastructure for electrically-chargeable vehicles. This is a unique collaboration as it marks the first time that the EU auto industry, electricity sector and the… Continue reading Press Releases – Access to electric car chargers must be guaranteed, urge auto makers, electricity sector and NGO

FCA to spend nearly 1 billion euros on Alfa compact SUV, hybrid Panda

MILAN (Reuters) – Fiat Chrysler (FCHA.MI) will invest almost one billion euros ($1.1 billion) to start production of the new Alfa Romeo compact SUV Tonale and of the light hybrid version of its Panda small car at its Pomigliano plant, unions said on Wednesday. FILE PHOTO: Fiat Chrysler Automobiles (FCA) headquarters are seen in Turin,… Continue reading FCA to spend nearly 1 billion euros on Alfa compact SUV, hybrid Panda

‘Car-sharing companies still have to work hard to convince the masses’

Car-sharing is nothing new – we’ve long been able to rent cars. But with ACES (Autonomous, Connected, Electric, Sharing) a car industry buzz phrase, it’s become a sector that’s gripped by start-up fever. Plenty of new companies are claiming to be the next big thing, some already backed by big names, while car makers are… Continue reading ‘Car-sharing companies still have to work hard to convince the masses’

Former Renault-Nissan executive Deboeuf named PSA’s industrial strategy director

FILE PHOTO: Arnaud Deboeuf leaves after the Renault-Nissan-Mitsubishi alliance meeting, in Amsterdam, the Netherlands, November 29, 2018. REUTERS/Piroschka van de Wouw/File Photo PARIS (Reuters) – Arnaud Deboeuf has left his role as a senior executive in the troubled Renault-Nissan alliance (RENA.PA) 7201.TO and been appointed industrial strategy director at French rival PSA (PEUP.PA), a PSA… Continue reading Former Renault-Nissan executive Deboeuf named PSA’s industrial strategy director

Kapiche Raises $1.75M in Funding

Co-Founder Kris Rogers (left) and CEO & Founder Ryan Stuart (right) Kapiche, an Australian startup that provides an AI-powered text analytics software platform, raised $1.75M in funding. The round was led by Main Sequence Ventures, with participation from Transition Level Investments, the Queensland Government’s Business Development Fund and River City Labs Accelerator Fund. The company… Continue reading Kapiche Raises $1.75M in Funding

Renault Samsung’s Aug. sales rise 2 pct on SUVs

SEOUL, Sept. 2 (Yonhap) — Renault Samsung Motors Corp. said Monday its sales rose 2 percent last month from a year earlier on robust sales of SUVs. Renault Samsung sold 12,987 vehicles in August, up from 12,733 units the previous year, the company said in a statement. Domestic sales rose 9.3 percent to 7,771 units… Continue reading Renault Samsung’s Aug. sales rise 2 pct on SUVs

Alliance executive quits, blames Renault boss Bolloré

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