- Nissan says Ghosn representatives took documents from Rio apartment – Reuters: Nissan says Ghosn representatives took documents from Rio apartment Reuters UKNissan said on Friday that representatives of ousted chairman Carlos Ghosn had retrieved documents from a disputed corporate apartment in Rio de Janeiro
- Euro 6 diesels could be banned in three European cities – Autocar: European court overrules EU decision to relax nitrogen oxide limits on diesels in Madrid, Paris and Brussels Diesel cars registered before September 2018 can be banned from Madrid, Paris and Brussels, after European justices overturn an EU emissions…
- Renault board did not consider replacing Ghosn: interim chairman – Reuters: Renault’s board did not consider replacing Chief Executive Carlos Ghosn when it met on Thursday, interim chairman Philippe Lagayette said in a statement issued by the carmaker.
- Bosch reveals self-driving shuttle concept ahead of CES debut – Autocar: The Bosch concept knows when it needs cleaning Autonomous shuttle previews German supply firm”s plans for autonomous vehicle infrastructure and operation Automotive supplier Bosch has revealed a self-driving shuttle concept ahead of its debut at…
- Ford almost had Volkswagen for free; now both companies need a partner – Freep: Ford almost had Volkswagen for free; now both companies need a partner Detroit Free PressIt’s not much of a surprise that Ford isn’t the behemoth company it was in its heyday. The auto market requires partners to survive now.
- GM cuts? Sandy Levin warned about them, says new NAFTA won”t help – Freep: The retiring congressman is plenty busy with trade being discussed, GM announcing cuts and a new NAFTA being debated.
- China confirms 3 month cut to tariffs on US automobile imports – FT: China confirms 3 month cut to tariffs on US automobile imports … in the first major concession following a truce in the trade war with the US. China has agreed to cut tariffs on imported American cars from 40 to 15 per cent, … while also lowering…
- Tesla cuts China prices after tariff drop on U.S.-made cars – Reuters: Tesla Inc has cut prices on its Model S and Model X vehicles in China after Beijing suspended additional tariffs on U.S.-made cars.
- China says to halt additional tariffs on U.S.-made cars from January 1 – Reuters: China will suspend additional tariffs on U.S.-made vehicles and auto parts for three months starting Jan. 1, 2019, the country’s finance ministry said on Friday, following a truce in a trade war between the world’s two largest economies.
- Nissan to demand Ghosn’s sister return ‘consulting’ fees – Nikkei:
- China Cuts Tax on US Vehicles in Move to Soothe Trade Tensions – Bloomberg: Car sales in China have fallen for six straight months after decades of almost uninterrupted growth. While there were other factors, the tit-for-tat jabs …
- New Audi CEO says headwinds to intensify after bad year – Automotive News: Audi must brace for big challenges in 2019 after turmoil in 2018 surrounding the diesel-emissions scandal culminated in the arrest of long-time CEO …
- Exclusive: India’s Motherson Sumi in early-stage merger talks with Leoni – Reuters: Indian car wiring maker Motherson Sumi Systems Ltd is in early talks with German peer Leoni AG over a possible merger of the pair, two people close to the matter said.
- Lowest retail sales growth for 15 years dash China’s hopes that consumption will offset trade war – Yahoo: Beijing had high hopes that tax cuts for individuals would lift consumer spending … As the US-China trade war continues to weigh on exports, Beijing is … Auto sales were down 10 per cent on a year earlier, to 345.9 billion yuan, … Trade talk…
- Explainer: Ex-Nissan chief Ghosn affair raises issues beyond one man, one company – Reuters: How big should executive pay packets be? How widespread is lax corporate governance in Japan? And what’s the future of the alliance between Nissan and France’s Renault?
- Ex-Nissan chief Ghosn affair raises issues beyond one man, one company – Reuters: And what’s the future of the alliance between Nissan and France’s Renault? … Nissan was indicted for filing false financial statements. … Nissan, Renault SA and alliance member Mitsubishi Motors Corp made him among … Nissan CEO Hiroto Saikawa has…
- European Car Sales Slump for Third Month With No Sign of Rebound – Bloomberg: European carmakers couldn’t shake the slump that’s shadowed them since September as new car registrations declined for the third month in a row …
- European passenger car sales fall 8.1 percent in November – Reuters: Volkswagen, Renault and Fiat Chrysler led an 8.1 percent decline in European car sales in November, the main regional industry body said on Friday, as the introduction of tougher new emissions tests continued to weigh on demand.
- Our best times behind the wheel of a Lotus – Autocar: As Lotus celebrates its 70th anniversary, our writers take a look back at the most memorable experiences they’ve had in Chapman’s creations “Simplify, and add lightness” and “lots of trouble, usually serious” are two phrases associated with sports car…
- EV gold rush lures hopefuls as Tesla looms – Automotive News: The gold rush that is China”s electric-car market is getting its latest entrant as a slew of local manufacturers fight for a foothold ahead of Tesla Inc.”s planned offensive.
- Nissan not likely to name Ghosn successor on Monday – Nikkei: Nissan Motor’s plan to have President Hiroto Saikawa double as chairman, the post left empty following Carlos Ghosn’s dismissal, has been …
- Japan Abe’s ruling bloc endorses tax breaks on cars, mortgages; fiscal reform in doubt – Reuters: Japan’s ruling coalition lawmakers said on Friday they will give tax breaks to car buyers to offset the impact of a sales tax hike planned for next year, amid the looming threat of steep tariffs on its auto exports to the United States.
- Loyal lieutenant joined secret Nissan investigation to oust Ghosn – FT: The former Nissan chairman does not appear to have had the slightest inkling of another, more explosive plan secretly forming within his company …
- Vietnamese ride-hailing startup Be raises funding ahead of its launch – Yahoo: In the market, Be will be competing with Southeast Asian ride-hailing giants such as Grab and Go-Jek, who is present through Go-Viet. Vietnam-based …
- Nissan board unlikely to select new chairman on Monday – Reuters: Nissan Motor Co’s board is unlikely to select a chairman to succeed Carlos Ghosn as had been expected on Dec. 17 after a panel tasked to choose a candidate did not agree on a nominee in a meeting held Thursday, a source said.
- Stock markets recoil from weak China data – FT: Worries about the impact of the trade war between China and the US on … tariffs on US auto imports raised hopes for subsequent progress on trade.
- Nissan board may fail to select new chairman on Monday: Nikkei – Reuters: Nissan Motor Co’s board may fail to select a chairman to succeed Carlos Ghosn as had been planned on Dec. 17 after a panel tasked to choose a candidate was unable to agree on a nominee in a meeting held Thursday, the Nikkei reported.
- Aston Martin developing straight-six hybrid powertrain – Autocar: Aston’s bespoke petrol-electric inline-six could replace the AMG-sourced V8 in future Aston Martin is developing its own straight-six powerplant – possibly with hybrid tech – to eventually replace the Mercedes-AMG-sourced V8, according to a source…