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.

Mitsubishi Joins Renault-Nissan-Mercedes Tech Group

December 18, 2018 at 1:19 PM

Mitsubishi Motors Corp. has agreed to join as a non-equity partner in a broad technology-sharing alliance with Daimler, Nissan and Renault.

S. Korea Offers Suppliers $3.1 Billion in Financial Aid

December 18, 2018 at 12:23 PM

The South Korean government is coordinating 3.5 trillion won ($3.1 billion) in aid to auto suppliers struggling with a slump in new-car production, the Financial Times reports.

Renault Pushes to Name Replacement for Ghosn at Nissan

December 18, 2018 at 11:45 AM

Renault SA, which owns 43% of Nissan Motor Co., is insisting on its right to replace ex-Chairman Carlos Ghosn on the board of the Japanese carmaker.

China’s Largest EV Charging Network Targets Breakeven

December 18, 2018 at 10:08 AM

The company that controls 41% of China’s charging stations for electric cars predicts it will break even in 2018 after two years of losses.

Renault, Nissan Meet on Future of Alliance

December 18, 2018 at 1:55 AM

Top officials from Renault SA and Nissan Motor Co. are gathering today in Amsterdam for two days of meetings about the future of their 19-year-old alliance.

Mercedes Cuts China Prices for Cars from U.S.

December 18, 2018 at 12:51 AM

Daimler AG’s Mercedes-Benz unit says it will lower Chinese prices on four U.S.-produced models in response to China’s plan to drop import tariffs on such vehicles to 15% from 40%.

Nissan Rebuffs Renault’s Demand for Shareholder Meeting

December 17, 2018 at 4:55 PM

Nissan Motor Co. CEO Hiroto Saikawa has rejected Renault SA’s request for a quick shareholder meeting to discuss the crisis sparked by the arrest of former Chairman Carlos Ghosn.

Chinese EV Maker Aims to Launch U.S. Sales in 2020

December 17, 2018 at 2:32 PM

China startup Qiantu Motor and California’s Mullen Technologies Inc. have agreed to assemble and sell a modified version of the Chinese company’s K50 electric car in North America in 2020.

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.

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.

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.