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Apple Poaches Another Tesla Exec

December 17, 2018 at 4:40 PM

Apple Inc. has hired designer Andrew Kim, a senior design manager at Tesla Inc. for the last two years.

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.

Report: France May Tout Michelin CEO to Replace Ghosn at Renault

December 17, 2018 at 12:20 AM

The French government, which owns 15% of Renault SA and controls two of its board seats, may recommend that embattled Chairman Carlos Ghosn be replaced by Michelin & Cie.

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.

Chevy Marketing Chief to Retire

December 14, 2018 at 6:51 AM

Tim Mahoney, who has served as the global chief marketing officer for General Motors Co. and its Chevrolet brand for nearly six years, plans to retire on March 1.

Ford to Transfer Workers from Michigan Transmission Plant

December 13, 2018 at 5:15 PM

Ford Motor Co. plans to cut 230 jobs at its transmission facility in Sterling Heights, Mich., and transfer affected workers to other facilities in the first quarter of 2019.

France Begins Search to Replace Ghosn at Renault

December 13, 2018 at 4:30 PM

The French government, which owns 15% of Renault SA, reportedly is looking for a replacement for Carlos Ghosn, the carmaker’s embattled chairman and CEO.

Renault: No Irregularities with Ghosn’s Compensation

December 13, 2018 at 10:47 AM

Renault SA’s board says a preliminary audit has found nothing irregular about compensation payments to Chairman and CEO Carlos Ghosn.

Audi Makes Schot Its Official CEO

December 12, 2018 at 10:40 AM

Volkswagen Group’s Audi has named interim CEO Abraham Schot to become its permanent CEO on Jan. 1.

Report: Ghosn Kept List of Hidden Compensation

December 12, 2018 at 2:37 AM

Japanese prosecutors have found a list apparently created by former Nissan Motor Co. Chairman Carlos Ghosn that charts compensation the company didn’t report but he expected to receive, The Nikkei says.

Hyundai Unveils Management Shakeup

December 12, 2018 at 2:04 AM

Hyundai Motor Group has made several high-level executive moves it says will help the company become more agile and innovative. All assignments are effective Dec. 13.

Hyundai’s R&D Chiefs Offer to Resign

December 11, 2018 at 12:20 PM

The two vice chairmen who oversee research and development at Hyundai Motor Group have offered to resign, sources tell Reuters.