Tuesday morning car news roundup, June 27, 2017

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Salaries Of Top Automaker CEOs. Here Is The List

Nissan’s annual shareholder meeting is as uneventful as most of them. Nonetheless, it remains one of the highlights of the Tokyo auto beat, if only because at the meeting, the annual pay packages of the world’s top auto industry CEOs are exposed.

If you went to the Pacifico in Yokohama, where the meeting was held this morning, then you could witness old traditions being upheld. Shareholders with questions were selected at random, as always. As always, a shareholder questioned the pay of now Nissan Chairman Carlos Ghosn. As always, Ghosn answered that Nissan is a global automaker with a world class multicultural team, and that such a team must be paid in tune with other OEMs, or else it will be snagged by a more generous competition.

More in Forbes.


Today, Toyota Unveiled ‘The Safest Car In The World.’

When it comes to leading-edge technology, one of the world’s smallest, and one of the world’s biggest automakers don’t share the same opinion. Tesla thinks technology should allow cars to drive from San Francisco to Manhattan, all by themselves. Toyota thinks that technology should stop cars from killing people.

More than 1.25 million people die in road crashes each year, 3,400 deaths a day on average, says the W.H.O., stating that “tens of millions of people are injured or disabled every year, children, pedestrians, cyclists and older people are among the most vulnerable of road users.” Today, Toyota showed cars that have the lives of those children, pedestrians, cyclists and older people as their first priority.

More in Forbes.


Monday morning car news roundup, June 26, 2017

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Friday morning car news roundup, June 23, 2017

Top News: Volkswagen to buy back Dieselgate-affected cars in two German towns - Autocar: VW waives its appeal in cases in courts in Arnsberg and Bayreuth, so will compensate owners' affected cars Lotus production could move to China, says … [Continue reading]

The Race Is On For The New Mitsubishi Motors CEO

Osamu Masuko, President of Mitsubishi Motors today opened the race for who will succeed him in leading the company in the future. “We will change the traditional seniority system,” Masuko told a small group of reporters, assembled at the company’s … [Continue reading]

Thursday morning car news roundup, June 22, 2017

Top News: Hyundai Veloster N hot hatch due in 2018 with 275bhp - Autocar: Second product from N performance division will mark its entry into the US market 2017 Audi A8 electric suspension and driverless tech demonstrated - Autocar: … [Continue reading]

Wednesday morning car news roundup, June 21, 2017

Top News: Toyota Redesigns Camry From the Ground Up to Slow SUV Defections - Bloomberg: But keeping demand for the car afloat has been costly: Toyota is shelling out a record $3,258 in incentives per Camry sold this year, according to... … [Continue reading]