Business

Nissan Says Its CEO Met with Counterpart at Renault

December 20, 2018 at 3:20 AM

Nissan Motor Co. says CEO Hiroto Saikawa did hold a one-on-one meeting this week with Renault Deputy CEO Thierry Bollore to discuss the Ghosn management crisis.

BMW, Daimler May Share Vehicle Components

December 20, 2018 at 1:13 AM

BMW AG and Daimler AG reportedly are exploring the possibility of lowering costs by sharing technology and vehicle platforms.

Report: Renault, Nissan Readied Deferred Pay for Ghosn

December 19, 2018 at 2:23 PM

Top-level executives at Renault and Nissan worked on a plan in 2017 to pay deferred compensation to Carlos Ghosn, then the chairman and CEO of both carmakers, Reuters reports.

BMW, Daimler Ready to Launch of Joint Mobility Company

December 19, 2018 at 11:06 AM

BMW AG and Daimler AG have received regulatory approvals to combine their ride-sharing, car-sharing, parking and electric charging services under one smartphone app.

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.

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.

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.

New VW Campaign Highlights Autonomous Tech

December 17, 2018 at 3:37 PM

Volkswagen AG is launching a new advertising campaign to showcase its various driver-assist systems to be marketed under the carmaker’s new IQ.Drive brand.

British Entrepreneur Buys Bloodhound Speed Project

December 17, 2018 at 11:32 AM

Ian Warhurst has purchased Bloodhound Programme Ltd., the U.K.-based company that aims to break the land speed record, out of receivership for an undisclosed price.

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.