Asia

Ghosn Crisis at Nissan Threatens CEO Saikawa

December 19, 2018 at 2:38 AM

Hiroto Saikawa’s days as CEO at Nissan Motor Co. could be numbered as management crises roil the company and its alliance with Renault.

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Dassault Systemes

Supplier Balancing Act

As U.S. car sales growth peaks, auto suppliers must manager their resources more closely than ever, notes Julie Fream, president and CEO of the Original Equipment Suppliers Assn.

Business

Nissan Board Suspends Plan to Pick to New Chairman

December 17, 2018 at 10:22 AM

Nissan Motor Co.’s board has halted plans to quickly choose a new chairman to replace Carlos Ghosn, deciding instead to distribute his duties among several senior executives.

Facilities

Aptiv Opens Las Vegas Tech Center for Autonomous Vehicles

December 17, 2018 at 10:03 AM

Aptiv plc has added a fourth technical center for self-driving vehicles, this time in Las Vegas.

Business

JLR Poised to Cut Thousands of Jobs in U.K.

December 17, 2018 at 1:41 AM

Jaguar Land Rover Ltd. is expected today to detail a plan to slash costs by £2.5 billion ($3.1 billion) over the next two years, in part by shedding thousands of jobs in early 2019, the Financial Times says.

Sales

U.S. Dealer Inventories Hit 7-Month High

December 17, 2018 at 12:51 AM

Dealer supplies of unsold new cars in the U.S. in early December reportedly crept to a seven-month high of 4.06 million units.

People

Report: France May Tout Michelin CEO to Replace Ghosn at Renault

December 17, 2018 at 12:20 AM

The French government, which owns 15% of Renault SA and controls two of its board seats, may recommend that embattled Chairman Carlos Ghosn be replaced by Michelin & Cie.

Regulatory

Hope Fades for U.S. Autonomous-Vehicle Law

December 17, 2018 at 12:07 AM

The lame-duck 115th Congress has failed to pass legislation this year that would set rules for testing and deploying self-driving cars in the U.S.

Business

Renault Urges Nissan Shareholder Meeting on Ghosn Crisis

December 17, 2018 at 12:02 AM

Renault SA has asked Nissan Motor Co. to convene a general shareholder meeting as soon as possible to discuss indictments against the Japanese carmaker and the future of two Nissan board members appointed by Renault.

Regulatory

Toyota Recalls 143,000 Trucks and SUVs

December 14, 2018 at 4:42 PM

Toyota Motor Corp. is launching two worldwide recalls to fix faulty airbag and braking systems in nearly 143,000 pickup trucks and SUVs. More than 90% of the vehicles were sold in the U.S.

Legal

Ghosn Probe Zeros in on Special “CEO Reserve” Fund

December 14, 2018 at 4:09 PM

Nissan Motor Co. is looking at possible abuse of an internal fund set up to pay for personal expenses and residences used by ex-Chairman Carlos Ghosn and his family, sources tell Reuters.

Facilities

Denso Opens Electronics Plant in Tennessee

December 14, 2018 at 3:08 PM

Denso Corp. has opened a factory in Maryville, Tenn., to produce next-generation inverters for electric vehicles.

New Product

Ford to Test Focus-Based Pickup

December 14, 2018 at 2:25 PM

Ford Motor Co. is moving forward with plans for an all-new compact pickup truck that is expected to bow in 2021.

Mobility

BMW Debuts Premium Ride-Hailing Service in Chengdu

December 14, 2018 at 1:44 PM

BMW AG is using 5 Series sedans to debut its premium-level Ride-Hailing service in Chengdu, China.