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Audi’s U.S. Chief Quits

May 02, 2019 at 5:13 PM

Mark Del Rosso, who took over as president of Volkswagen AG’s Audi brand operations in the U.S. in December, has abruptly left the company.

Daimler Reassigns Chief of Smart Minicar Unit

May 02, 2019 at 1:44 AM

Katrin Adt, who took over as head of Daimler AG’s struggling Smart city car brand last October, will lead the carmaker’s new Mercedes-Benz Cars Own Retail Europe unit.

Musk Reaches Tweets Deal with SEC

April 29, 2019 at 12:00 AM

Tesla Inc. CEO Elon Musk has agreed to let Tesla lawyers preapprove his tweets about any items in a long list of company production, sales and financial targets.

UPDATE: Ghosn Granted Bail, Again

April 25, 2019 at 1:01 AM

A court in Tokyo has again granted bail to former Nissan Motor Co. Chairman Carlos Ghosn, who could be released today.

Nissan Names New U.S. Sales Chief

April 24, 2019 at 5:11 PM

Nissan Motor Co. has chosen Airton Cousseau, managing director of its China venture with Dongfeng Motor Co., to take over U.S. sales and marketing on June 1.

Hyundai Taps Loasby to Head Global Design

April 24, 2019 at 12:21 AM

Hyundai Motor Co. has promoted Simon Loasby, its head of design in China, to director of its corporate design center in Seoul, South Korea.

Lucid Motors Names Rawlinson as CEO

April 23, 2019 at 4:30 PM

Electric car startup Lucid Motors Inc. has named Peter Rawlinson as CEO, effective immediately.

Prosecutors Probe Bonuses Paid to Suspended VW Exec

April 23, 2019 at 2:53 PM

Prosecutors may level breach of fiduciary duty charges against Volkswagen AG for paying bonuses to an executive suspended during VW’s diesel emission cheating scandal.

Nissan Shuffles Senior Leaders

April 23, 2019 at 9:56 AM

Nissan Motor Co. has announced several more management changes as the company continues to shuffle its executive team in the wake of former CEO Carlos Ghosn’s arrest and ouster last year.

Ghosn Indicted for Misappropriating Nissan Funds

April 22, 2019 at 1:07 AM

Prosecutors in Japan have indicted former Nissan Motor Co. Chairman Carlos Ghosn for diverting company funds for his own use.

Ghosn Faces New Indictment Next Week

April 19, 2019 at 11:20 AM

Prosecutors in Japan will indict former Nissan Motor Co. Chairman Carlos Ghosn on new charges next week, sources tell broadcaster NHK.

Musk, SEC Given Another Week to Settle Twitter Dispute

April 19, 2019 at 1:57 AM

A federal judge in New York City has given Tesla CEO Elon Musk and federal securities lawyers until April 25 to resolve a dispute over Musk’s tweets.