When the regional daily asked the family whether the possibility of acquiring this additional 2.5% in the next seven or eight years constituted for them a “major objective”, Jean-Philippe Peugeot, the CEO of Établissements Peugeot Frères ( EPF), replies in the affirmative. “To obtain this possibility, the negotiations were complex. It was not won in… Continue reading The Peugeot family wants to take more capital in the merger between PSA and Fiat Chrysler
Tag: Renault
VW, Nissan chase African market where car loans are rare
Volkswagen AG and Nissan Motor Co. are among automakers planning new plants in Ghana to target West Africa’s 382 million people. Their challenge: Finding banks that will offer loans to make new cars affordable. In a country where about 70% of imports are second-hand, new car ownership is rare, said Believe Alorbu, who sells older… Continue reading VW, Nissan chase African market where car loans are rare
Tokyo Auto Salon / Nissan and two brand new Skyline
6/11Car January 11, 2020 Nissan offers an unprecedented Skyline sedan, in two prototypes. The first takes an abbreviation dear to the fans of the brand: the 400R Sprint Concept II is a sports set-up with a specific aerodynamic package, the forged 20 ”alloy wheels, the elaborate mechanics and the white and black paintwork with green… Continue reading Tokyo Auto Salon / Nissan and two brand new Skyline
Japan seeks Interpol wanted notice for Carlos Ghosn’s wife
TOKYO (Reuters) – Japanese authorities have requested the International Criminal Police Organization (ICPO) for an Interpol wanted notice for the wife of former Nissan Motor (7201.T) boss Carole Ghosn, local media reported on Saturday. If the notice is issued for his wife, Carole, the couple’s travel chances outside of Lebanon may be restricted, Mainichi newspaper… Continue reading Japan seeks Interpol wanted notice for Carlos Ghosn’s wife
FCA To Idle Jeep Cherokee Plant For 2 Weeks Due To Poor Demand – Motor1
Fiat Chrysler Automobiles will idle production at its Belvidere assembly plant, according to Automotive News. The factory, located near Chicago, Illinois, builds the Jeep Cherokee, which saw sales fall drastically in 2019. The news comes as Automotive News Canada reports that FCA will extend the shutdown of its Ontario, Canada factory by a week. FCA’s… Continue reading FCA To Idle Jeep Cherokee Plant For 2 Weeks Due To Poor Demand – Motor1
Future of Nissan in doubt, says ex-boss Ghosn
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Lebanon bans Ghosn from foreign travel
The statement said that Ghosn’s allegation of a conspiracy was “categorically false”, adding that prosecutors were seeking to bring him to justice in Japan. Beirut: Lebanon banned former auto tycoon Carlos Ghosn from travelling on Thursday after questioning him over an Interpol “red notice” of charges of financial misconduct in Japan, judicial sources said. The… Continue reading Lebanon bans Ghosn from foreign travel
Carlos Ghosn’s news conference did not win him vindication he desires
In his first public appearance following his spy-novel exfiltration from Japan and its criminal justice apparatus, Carlos Ghosn put on a masterful performance. The former chairman of Nissan Motor, brought down by allegations of financial misconduct, all of which he denies, persuasively made the case that he was arrested on flimsy charges; that the charges… Continue reading Carlos Ghosn’s news conference did not win him vindication he desires
Analyzing Ghosn’s emotions through AI
TOKYO — Fugitive former Nissan Motor Chairman Carlos Ghosn held a news conference in Beirut on Wednesday in which he sought to explain why he fled Japan while out on bail as he faced criminal charges of financial wrongdoing. Nikkei analyzed Ghosn’s facial expressions at the media event as he leveled criticism at Japanese prosecutors… Continue reading Analyzing Ghosn’s emotions through AI
Ghosn haunts Nissan as it maneuvers for a rebound
TOKYO — Nissan Motor, off to a fresh start with a leadership team installed last month, has been dragged into a past it is trying to leave behind by disgraced former chief Carlos Ghosn, who this week launched a fusillade against the company that once considered him its savior. Ghosn, who early last week staged… Continue reading Ghosn haunts Nissan as it maneuvers for a rebound