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Ghosn to Japanese Court: “I Was Wrongly Accused”

January 08, 2019 at 1:13 AM

Former Nissan Motor Co. Chairman Carlos Ghosn told a Tokyo court this morning that he has been “wrongly accused and unfairly detained” since Nov. 19 for alleged financial wrongdoing.

Richard Dauch Named CEO of Delphi Technologies

January 07, 2019 at 5:01 PM

Delphi Technologies plc has hired Richard Dauch to take over as its CEO, effective immediately.

Nissan Strategy Chief Munoz Begins Leave of Absence

January 07, 2019 at 12:00 AM

Nissan Motor Co. says Jose Munoz, who has led the company’s global business strategy since late 2016, is taking a leave of absence for an unspecified period.

Ghosn to Appear in Tokyo Court on Tuesday

January 04, 2019 at 9:39 AM

Carlos Ghosn, the ousted chairman of Nissan Motor Co., will appear in open court in Tokyo on Jan. 8 to learn why he continues to be held without bail on charges of financial wrongdoing.

Audi to Hire BMW’s Former Brand Management Chief?

January 03, 2019 at 12:27 PM

Volkswagen AG’s Audi unit is likely to hire former BMW brand manager chief Hildegard Wortmann, according to media reports in Germany.

GM Names Reuss as President

January 03, 2019 at 9:51 AM

General Motor Co. has appointed Mark Reuss, who has headed its global product group and Cadillac brand to take over as the company’s president, effective immediately.

Russia Arrests BorgWarner’s Security Chief for Espionage

January 02, 2019 at 11:27 AM

State authorities in Russia have arrested Paul Whelan, director of global security for BorgWarner Inc., on suspicion of espionage.

Hyundai Signals Power Shift to Heir Apparent Chung Euisun

January 02, 2019 at 1:04 AM

Hyundai Motor Group tapped Chief Vice Chairman Chung Euisun, 48, to deliver its new-year speech to employees this week, an indication that he now controls the company.

Ghosn’s Jail Time Extended Another 10 Days

December 31, 2018 at 2:52 PM

A court in Tokyo has approved a prosecutors’ request to extend the incarceration of former Nissan Motor Co. Chairman Carlos Ghosn for an additional 10 days.

Chevrolet, Toyota Exec Jim Perkins Dies at 83

December 31, 2018 at 12:00 AM

Jim Perkins, a sales and marketing titan for the Buick, Chevrolet, Lexus and Toyota brands, died Friday at age 83.

Tesla Board Gains Larry Ellison, Walgreens HR Exec

December 28, 2018 at 10:05 AM

Tesla Inc.’s board has added Oracle co-founder Larry Ellison and Kathleen Wilson-Thompson, the head of human resources for Walgreens Boots Alliance.

Reports Link Saudi Businessman to Ghosn Allegations

December 28, 2018 at 2:43 AM

The Saudi businessman believed to have helped former Nissan Motor Co. Chairman Carlos Ghosn resolve personal financial losses reportedly is Khaled Al-Juffali, vice chairman of the Saudi Arabian Monetary Authority.