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.

Powertrain

Diversity Marks Ward’s Best-Engine List

December 13, 2018 at 4:21 PM

For the second year in a row, electrified powertrains accounted for four of WardsAuto’s 10 Best engines.

Legal

Nissan Sues Ghosn’s Sister for “Unjust Enrichment”

December 13, 2018 at 4:02 PM

Nissan Motor Co. rhas sued former Chairman Carlos Ghosn’s older sister in a Rio de Janeiro court for “unjust enrichment,” Reuters reports.

Facilities

Daimler to Use Wind Energy at German Facilities

December 13, 2018 at 3:01 PM

Daimler AG’s Mercedes-Benz unit plans to use electricity generated from wind farms at three of its factories in Germany starting in 2021.

Regulatory

EU Ordered to Restore Tougher Diesel Emission Rules

December 13, 2018 at 1:48 PM

A European high court has reversed a European Union decision two years ago that allowed new diesel vehicles to emit “excessively high” nitrogen oxides.

EV-Hybrid

BMW, Porsche Demo 450-kW Charging Station

December 13, 2018 at 12:10 PM

FastCharge, a German consortium that includes BMW AG and Porsche AG, opened a prototype charging station this week that can provide electric vehicles with a 62-mile range in three minutes and replenish a battery to 80% capacity in 15 minutes.

Business

FCA Threatens to Trim Spending in Italy if Car Taxes Rise

December 13, 2018 at 11:08 AM

Fiat Chrysler Automobiles NV tells Italy’s government it may revise its plans to spend more than €5 billion ($5.7 billion) in Italy if the country approves higher taxes on piston-powered vehicles.

People

Renault: No Irregularities with Ghosn’s Compensation

December 13, 2018 at 10:47 AM

Renault SA’s board says a preliminary audit has found nothing irregular about compensation payments to Chairman and CEO Carlos Ghosn.

Business

Nissan to Repatriate $1.1 Billion Cash from China Unit

December 13, 2018 at 9:43 AM

Nissan Motor Co. reportedly will repatriate 7.5 billion yuan ($1.1 billion) from its joint venture in China as tensions rise with alliance partner Renault SA.

Business

Hyundai Offers $1.5 Billion in Aid to Suppliers

December 13, 2018 at 1:54 AM

Hyundai Motor Group has pledged 1.7 trillion won ($1.5 billion) over five years to help its small and medium-size suppliers stabilize their businesses and invest in new technologies.

Production

Union: FCA Will Idle Canadian Minivan Plant for 8 Days

December 13, 2018 at 1:14 AM

Fiat Chrysler Automobiles NV will suspend production at its minivan plant in Windsor, Ont., through the first two weeks of January, according to Canadian union Infor.

Business

Renault to Phase Out Most Rebadged Dacia Models

December 13, 2018 at 12:51 AM

Renault SA intends to stop selling Dacia cars under its own name and enable the Romanian brand to establish its own distinctive produce lineup.

Business

China Rethinks China-First Industry Policy

December 13, 2018 at 12:20 AM

China is poised to delay its aim to dominate in manufacturing by 2025 and instead grant easier access for foreign companies.