Tesla Could Buy Idled GM Factories

December 07, 2018 at 4:53 PM

Tesla Inc. CEO Elon Musk tells CBS Television’s “60 Minutes” show that he might be willing to buy a few of the five factories in North America that General Motors Co. plans to close.


Camaro Engineering Chief Moves to GM’s EV Team

December 07, 2018 at 4:22 PM

Al Oppenheiser, who has been the chief engineer for the Chevrolet Camaro since 2007, is moving to General Motors Co.’s electric vehicle team.


Renault Report on Ghosn’s Pay Due Next Week?

December 07, 2018 at 4:18 PM

Renault SA may be ready by the end of next week to reveal the results of an internal investigation into compensation paid to Chairman CEO Carlos Ghosn, sources tell Bloomberg News.


Nissan Issues New Recall in Japan over Improper Inspections

December 07, 2018 at 3:55 PM

Nissan Motor Co. will recall another 150,000 vehicles in Japan that were improperly inspected.


Ohio Begins Autonomous Shuttle Tests

December 07, 2018 at 3:33 PM

Three autonomous shuttle vans will begin operating in Columbus, Ohio, on Monday.


Ford Launches Restructuring Plan in Europe

December 07, 2018 at 1:24 PM

Ford Motor Co. has begun its overhaul of European operations with a new org chart, bevy of executive appointments and a goal of dropping unprofitable models.


ZF to Upgrade Transmission Plant for Hybrid Drives

December 07, 2018 at 12:52 PM

ZF Friedrichshafen AG plans to invest €800 million ($910 million) over the next four years to boost hybrid drive production at its transmission plant in Saarbrucken, Germany.

New Product

Nissan Readies 50th Anniversary GT-R Hypercar

December 07, 2018 at 12:16 PM

Nissan Motor Co. has released images of the €990,000 ($1.1 million) GT-R50 hypercar that the company developed in celebration of the 50th anniversary of its GT-R muscle car.


Tower to Sell European Operations to French Supplier

December 07, 2018 at 11:31 AM

Livonia, Mich.-based metal stamping specialist Tower International Inc. has agreed to sell its European operations to Financiere SNOP Dunois S.A.(FSD), a privately owned French supplier.


Tesla Hires New General Counsel

December 07, 2018 at 10:09 AM

Tesla Inc. has named Dane Butswinkas, a seasoned trial lawyer with experience in both criminal and civil cases, to succeed Todd Maron as the company’s general counsel.


BMW, Daimler Mobility Merger Delayed

December 07, 2018 at 9:04 AM

The planned merger of BMW and Daimler’s mobility businesses has been delayed as the companies await review by U.S. antitrust authorities.


Report: Ghosn to Be Indicted Next Week

December 07, 2018 at 2:48 AM

Former Nissan Motor Co. Chairman Carlos Ghosn will be indicted for grossly underreporting his compensation as soon as Monday, sources tell Reuters.