Asia

Mitsubishi Motors Removes Ghosn as Chairman

November 26, 2018 at 10:38 AM

Mitsubishi Motors Corp. has removed Carlos Ghosn as its chairman, one week after his arrest on suspicion of financial misconduct.

Report: Nissan Demands More Clout in Alliance with Renault

November 23, 2018 at 11:23 AM

Nissan Motor Co. reportedly is demanding a more balanced shareholder structure for its 19-year--old alliance with Renault SA.

Tesla Cuts Prices in China

November 22, 2018 at 2:23 PM

Tesla Inc. is lowering the price of its electric Model S sedans and Model X crossovers in China to help offset the country’s tariff on vehicles from the U.S.

Nissan Board Removes Ghosn as Chairman

November 22, 2018 at 1:51 PM

Nissan Motor Co.’s board voted unanimously today to remove Carlos Ghosn as chairman and a representative director. The board also stripped Greg Kelly of the latter title.

Ghosn Likely to Remain in Jail for Another 10 Days

November 21, 2018 at 2:47 PM

Renault-Nissan-Mitsubishi Chairman Carlos Ghosn is likely to be detained for another 10 days after being arrested on Monday in Tokyo, according to Kyodo News.

Report: Ghosn Was Planning Renault-Nissan Merger

November 20, 2018 at 3:20 PM

Carlos Ghosn, chairman of both Renault and Nissan, was working on a plan to merge the two companies before his arrest this week, sources tell the Financial Times.

Ford Aims to Deodorize New-Car Smell in China

November 20, 2018 at 2:24 PM

Ford Motor Co. has filed a U.S. patent application for a process that is said to help get rid of the so-called new-car smell in vehicles.

Ghosn Probe Expands to Renault-Nissan-Mitsubishi Finances

November 20, 2018 at 12:20 PM

Nissan’s investigation into claimed financial wrongdoing by CEO Carlos Ghosn is broadening to cover possible misconduct involving the finances of the Renault-Nissan-Mitsubishi alliance, sources tell Reuters.

VW Tops 30 Million Sales in China

November 20, 2018 at 11:29 AM

Volkswagen AG’s namesake brand says it surpassed cumulative vehicle sales of 30 million vehicles in China.

Natural Gas Could Power 50% of India’s New Cars by 2030

November 20, 2018 at 1:52 AM

A government proposal to install 10,000 compressed natural gas stations across India could drive sales of CNG-fueled cars to 50% of the market by 2030.

Auto Production in Thailand Jumps to 5-Year High

November 20, 2018 at 1:25 AM

Domestic output of new cars in Thailand rose 21% to 197,200 units in October, the greatest volume in 63 months, according to the Federation of Thai Industries.

Report: Nissan Paid “Huge Sums” for Ghosn Homes

November 20, 2018 at 12:42 AM

Nissan Motor Co. provided Chairman Carlos Ghosn with costly and unreported residences in Amsterdam, Beirut, Paris and Rio de Janeiro, according to NHK, Japan’s national public broadcasting network.