After having been away for weeks on the Magical Mystery Plant Tour, Dailykanban resumes its daily Morning Auto News.
- Ghosn, Nissan formally charged in financial misconduct scandal – Reuters: * Prosecutors say Ghosn treated “appropriately” (Updates with Nissan statement, comment from prosecutor)
- Uber said to file confidentially for IPO on Lyft’s heels – Automotive News: Like Lyft, Uber last week submitted its IPO filing to the Securities and Exchange Commission, a person familiar with the matter told Bloomberg.
- RPT-FEATURE-Chile drives electric vehicle rollout in Latin America – Reuters: A massive cargo ship docked in the Chilean port of San Antonio at the end of November, carrying it its belly the first 100 electric buses from China that Chileans hope will revolutionize their public transport system.
- How Ghosn’s legal process could play out – Automotive News: Carlos Ghosn and Nissan were indicted in Japan on Monday for understating Ghosn’s income, as Tokyo prosecutors pushed ahead with the criminal investigation that has shaken the global auto industry.
- Nissan”s Ghosn indicted for underreporting pay – Detroitnews: The charges imposed Monday involve allegations Ghosn”s pay was underreported by about 5 billion yen ($44 million)
- GM fights government to retain electric car tax credit – Freep: The automaker’s plan to shutter several U.S. factories and shed thousands of workers could imperil its push to keep the incentive.
- Fat UAW strike fund is like ‘having a strong military to avoid war’ – Freep: Workers understand that the company needs to be successful, but we need to share … “Nonunion automakers seek to come close to the wage to deter …
- New 2019 Volkswagen Golf: Official image released of Mk8 hatchback – Autocar: Volkswagen’s eight-generation Golf will head upmarket with more space and the most advanced tech the brand offers The next Volkswagen Golf has been teased in the first official image ahead of the car’s expected debut in the middle of next year. A…
- BRIEF-ABB To Power Europe’s Largest Electric Car Battery Factory In Poland – Reuters: ABB Ltd: * ABB TO POWER EUROPE’S LARGEST ELECTRIC CAR BATTERY FACTORY IN POLAND. * SUBSTATION AND KEY …
- Nissan to book deferred Ghosn compensation as expenses – Nikkei:
- What Carlos Ghosn’s Indictment Means for Renault – Bloomberg: Renault SA has some big decisions to make now that its top executive, Carlos Ghosn, has been formally indicted in Tokyo for financial improprieties at …
- Analysis | Ghosn Had Reason to Seek His Protege’s Ouster – Washington Post: Analysis | Ghosn Had Reason to Seek His Protege’s Ouster Washington PostUnder CEO Hiroto Saikawa, Nissan’s business performance was poor.
- Ghosn formally charged for financial misconduct, Nissan also indicted – Reuters: Tokyo prosecutors officially charged ousted Nissan Motor chairman Carlos Ghosn on Monday for under-reporting his income and extended his detention on suspicion of additional financial misconduct.
- Tokyo prosecutors indict Nissan’s ex-chairman Ghosn for financial misconduct – CNBC: Both Nissan and its former chairman Carlos Ghosn have been charged by Japanese prosecutors over financial misconduct, according to a statement …
- Regarding violation of Japan Financial Instruments and Exchange Act involving Nissan – Nissan-global: Today, Nissan Motor Co., Ltd.”s former Representative Director and Chairman Carlos Ghosn and former Representative Director Greg Kelly were indicted for violating the Japan Financial Instruments and Exchange Act, namely making false disclosures in…
- Japan prosecutors indict Ghosn for underreporting pay, set to extend detention – Washington Post: Japanese prosecutors formally indicted former Nissan Chairman Carlos Ghosn on Monday for underreporting his pay, while also charging …
- Ghosn and Nissan charged with underreporting of pay – Nikkei:
- Elon Musk says his tweets not vetted before publication – FT: Tesla chief executive Elon Musk has revealed his tweets are not vetted by the car maker before they published as he lashed out at the Securities and …
- Analysis: how PSA boss Tavares transformed the car group – Autocar: Under the leadership of Carlos Tavares, the PSA Group has gone from near oblivion to success PSA chairman Carlos Tavares recently confirmed a 40% year-on-year revenue growth and record profitability for the group, which passed Volkswagen Group in…
- Volkswagen ID Lounge: luxury SUV will lead electric line-up – Autocar: Seven-seat SUV will join this, the ID Crozz, in Volkswagen”s range Touareg-sized electric model is set for Shanghai show unveiling as German giant targets Tesla rivalry Volkswagen is preparing to unveil the fifth member of its new ID range of electric…
- No-deal Brexit: Car factory shutdowns would cost over £100m a day – Yahoo: Jaguar Land Rover, the biggest car manufacturer in the country, produced over 532,000 … Jaguar Land Rover is owned by India’s Tata Motors (TTM).
- Carlos Ghosn, Formerly of Nissan, Is Indicted Over His Pay – New York Times: Carlos Ghosn, Formerly of Nissan, Is Indicted Over His Pay New York TimesProsecutors in Japan charged the company and its former chairman with violating financial laws by underreporting his compensation.
- Prosecutors indict Nissan, Ghosn, reports say as focus on CEO role – Reuters: Tokyo prosecutors indicted Nissan Motor along with its ousted Chairman Carlos Ghosn, domestic media reported on Monday, shifting the focus of the financial misconduct scandal to the Japanese automaker and its CEO’s responsibility.
- GM battle government to retain tax credit for electric cars – Washington Post: General Motors is fighting to retain a valuable tax credit for electric vehicles as the nation’s largest automaker tries to deal with the …
- Tokyo prosecutors file charges against Nissan and Ghosn – FT: Tokyo prosecutors have filed charges against Nissan and Carlos Ghosn for allegedly understating the ex-chairman’s pay in financial documents, …
- Nissan, Carlos Ghosn Charged With Underreporting His Compensation, Japanese Media Says – WSJ: TOKYO-Japanese prosecutors on Monday indicted former Nissan Motor Co. Chairman Carlos Ghosn on charges of underreporting his …
- As Calif. AV population doubles, so do crashes – Automotive News: In the beginning, self-driving vehicles could be spotted only on the streets near Silicon Valley tech companies whose work made them possible.
- Ghosn, Nissan Indicted by Japanese Prosecutors, Kyodo Says – Bloomberg: Carlos Ghosn was indicted by Japanese prosecutors three weeks after his … Nissan, which Ghosn helped resurrect by uniting it with Renault in an …
- In the auto industry, it’s still about the product – Automotive News: In the auto industry, it’s still about the product Automotive NewsThe excitement surrounding the Los Angeles Auto Show last month was all about the new product, of course, whether it was an electric vehicle or the first Jeep …
- GM worker transfer come with asterisk – Automotive News: GM worker transfer come with asterisk Automotive NewsIn a letter to the editor, an Automotive News reader questions GM’s approach to hiring temporary employees while workers await transfers.
- UAW needs to get house in order before ’19 talks – Automotive News: UAW needs to get house in order before ’19 talks Automotive NewsWhen GM announced plans to trim its work force by as many as 18000 employees and ‘unallocate’ future product at five North American plants, more than a few …
- Shadow of ’09 bailout shouldn’t haunt GM forever – Automotive News: Shadow of ’09 bailout shouldn’t haunt GM forever Automotive NewsGM has many stakeholders that it must answer to, and do right by, as it undertakes this restructuring. But as of five years ago this week, the federal government …
- Land Rover Defender may be produced in Slovakia – Automotive News: It seems likely that the much-discussed new Land Rover Defender will be built outside of England.
- VW Beetle gets special colors for latest farewell – Automotive News: The latest Final Edition of the iconic Volkswagen Beetle will have special colors, badging and wheels as the bug drives into the sunset next year, just as it did 15 years ago.
- Volvo dealers in California revolt against subscriptions – Automotive News: As Volvo prepares a new and improved version of its Care by Volvo subscroption service, California hears the grumbling of dealer protests.
- VW chief Herbert Diess is talking about accessing Ford’s U.S. plants, but space is limited – Automotive News: As Ford has tried to downplay its ongoing talks with Volkswagen Group, VW CEO Herbert Diess, who last week said VW is eyeing access to Ford’s U.S. manufacturing footprint, keeps upping the ante.
- Mazda-Toyota’s Ala. greenfield charts new path – Automotive News: Toyota and Mazda will spend $1.6 billion to build an assembly plant in Huntsville. Things have changed since their last greenfield ventures.
- GM cutbacks complicate USMCA’s path to passage – Automotive News: General Motors’ decision to idle four U.S. assembly and parts plants could provide ammunition for critics of President Donald Trump’s new North American trade agreement.
- Kia’s redesigned 2020 Soul builds more variety from the same box – Automotive News: While other boxy designs have come and gone #8212; Scion xB, Nissan Cube, Honda Element #8212; Kia’s Soul has built longevity through loyalty.
- Self-driving tests and crashes are on the rise in California – Automotive News: With three weeks left in 2018, California already has had a record year for the number of manufacturers permitted to test autonomous vehicles, the number of those vehicles permitted on the road and the number of crashes involving those vehicles.
- SK Innovation plans new battery plant – Automotive News: SK Innovation will spend $1.67 billion to build an EV battery plant in Commerce, Ga. Some think that is just the beginning.
- GM’s fast-rising CFO Dhivya Suryadevara leads a high-speed restructuring – Automotive News: Dhivya Suryadevara has quickly risen through the ranks of GM since starting as a senior financial analyst in 2005.
- The arrest of Carlos Ghosn is triggering trouble, from product to diplomatic relations – Automotive News: Carlos Ghosn’s arrest in Tokyo is already having consequences, from product marketing to international diplomatic relations. More complications could be ahead.
- Rescued GM has a short memory – Automotive News: Rescued GM has a short memory Automotive NewsGeneral Motors’ plans for job cuts, ten years after its bailout, draws criticism.
- Australian watchdog wants a regulator for Google, Facebook – Reuters: Australia’s competition watchdog on Monday recommended tougher scrutiny and a new regulatory body to check the dominance of tech giants Facebook Inc and Alphabet Inc’s Google in the country’s online advertising and news markets.
- Tesla lithium supplier Kidman settles ownership row over Australian mine – Reuters: Kidman Resources, a supplier of lithium to U.S. electric car maker Tesla said on Monday it had settled a court dispute that could have derailed joint development of a mine in Western Australian with Chile’s SQM.
- Musk suggests new Tesla chairwoman won’t rein him in – Latimes: Robyn Denholm, an Australian telecommunications executive, was appointed chairwoman of Tesla’s board last month, replacing Musk as part of a …
- Honda’s Fluoride-Ion Battery Breakthrough: The Future of EVs? – Yahoo: Honda Research Institute (HRI) has announced a new battery technology breakthrough that uses fluoride instead of the more popular lithium. Fluoride …
- Musk recounts ‘life or death’ moment for Tesla in ’60 Minutes’ interview – Automotive News: In an interview with CBS’s Lesley Stahl, the Tesla CEO said he doesn’t respect the SEC, declared his interest in buying a shuttered GM factory and credited a parking lot assembly line with saving the company.
- Elon Musk Lobs New Criticism at SEC – WSJ: Tesla Inc. TSLA -1.40% Chief Executive Elon Musk delivered a new barrage of criticism at the Securities and Exchange Commission, saying he …
- Report: Ford-VW could announce deal in Jan. – Detroitnews: Volkswagen AG and Ford Motor Co. could announce a deal sometime in January, CNBC reported, citing a “highly placed” source. rssfeeds.detroitnews.com/~/i/584646660/0/detroit/autosinsider
- Australian regulator says probe of tech giants spurs 5 investigations – Reuters: Australia’s competition regulator says it has five investigations afoot as a result of its examination of the market power and public influence of tech giants such as Facebook Inc and Alphabet Inc’s Google .
- Lexus is preparing a track-oriented RC F for Detroit – Autocar: Lexus is preparing a track-oriented RC F for Detroit … is the first major car show each year, and Lexus is using it to launch its new RC F Track Edition.
- GM Bids Farewell to Its Breakthrough Electric Car – WSJ: The Chevrolet Volt is headed to the scrap heap, but during its decade on the market the electric vehicle reflected the strengths and weaknesses of General Motors and auto making in Detroit.
- Highlights from Elon Musk’s 60 Minutes interview – CBS News: Musk talks with 60 Minutes about Tesla’s new chair, Robyn Denholm, who was put in place after Musk stepped down as part of a settlement with the …
- Behind the scenes of Trump’s trade wars – Axios: But as Trump said, he’s a “Tariff Man.” He loves them, is furious about foreign treatment of U.S. automakers, and thinks car tariffs, specifically, are his …
- BP targeted with first shareholder resolution on climate goals – Reuters: Pressure on oil companies to tackle climate change is growing after an activist group for the first time filed a shareholder resolution urging BP to set hard targets for reducing overall carbon emissions.
- Tesla CEO Elon Musk: The 60 Minutes Interview – CBS News: Elon Musk, the CEO of the electric car company Tesla, has been called a genius, a visionary. But this year he got less noticed for his brilliance than his …
- Elon Musk says he decides when to submit his tweets for Tesla’s approval – Axios: Tesla CEO Elon Musk gets to decide when his tweets may contain ….. offhandedly that Microsoft had a larger market capitalization than Apple.
