- Nissan CEO calls on Renault to listen to detail of Ghosn allegations – Reuters: Nissan Motor’s CEO called on directors at alliance partner Renault to heed its reasons for sacking former Chairman Carlos Ghosn over alleged financial misconduct amid tensions over how to handle the fallout from his arrest.
- Nissan delays appointing Ghosn successor – Nikkei:
- FCA to extend holiday shutdowns at 2 North American plants – Automotive News: FCA plans to extend holiday downtown at plants that build the Chrysler 300, Dodge Challenger, Charger and Ram 1500 Classic as the automaker aligns production with demand.
- France ramps up plans to replace Carlos Ghosn at Renault – FT: The state, which owns 15 per cent of Renault, is looking at possible … arrest in Japan on allegations of financial misconduct at alliance-partner Nissan.
- Mercedes-Benz cuts China prices after tariff on U.S.-made cars suspended – Reuters: German luxury carmaker Mercedes-Benz on Monday said it would offer discounts on cars imported into China from the United States until March 31 after Beijing suspended additional tariffs on U.S.-made cars.
- Nissan hopes Renault will listen about Ghosn misconduct – Reuters: Nissan’s Chief Executive said on Monday he hoped alliance partner Renault SA will listen to its explanation of financial misconduct by former Chairman Carlos Ghosn.
- Jaguar Land Rover plans to cut 5,000 jobs, paper says – Automotive News: Jaguar Land Rover plans to cut thousands of jobs as part of a turnaround plan, the Financial Times reported, citing several unidentified people close to the company.
- German car industry may take longer to rebound from slump: Bundesbank – Reuters: Germany’s dominant car industry may take longer than feared to recover from a slump, weighing on growth in the euro zone’s …
- Lincoln Continental: A limited-edition design of 80 new cars for $100,000 each – Freep: Lincoln Continental brings back a classic design made popular by James Bond in “Goldfinger” and loved by collectors. Just 80 are to be made.
- ‘Suicide doors’ make a comeback in 80th anniversary edition Lincoln Continental – CNBC: The company is coming out with an 80th anniversary edition of the Lincoln Continental with a feature that was once regarded as highly controversial.
- Forget Drones. Amazon’s Jeff Bezos Needs Lots of Delivery Guys – Bloomberg: Without balking, Drago threw dozens of additional packages in his car, raced … Amazon pays Vaughn up to $1,800 per vehicle each month, $24 per …
- Nissan Board Fails to Pick Successor for Ghosn as Tensions Brew – Bloomberg: Nissan Motor Co.’s board failed to pick a successor for former Chairman Carlos Ghosn, leaving the carmaker without a top official as it enters the fifth …
- NYC Uber Rides Are Getting More Expensive – Bloomberg: It has been relentless in its pursuit of cheaper prices as it has evolved from a luxury black car service to a company seeking to lure bus riders into …
- New Audi Q4 caught testing ahead of coupe-SUV’s 2019 reveal – Autocar: Audi’s Range Rover Evoque rival is due to arrive in production form next year, and test prototypes preview the design Audi is set to extend its SUV lineup with the new Q4, seen testing in light disguise ahead of a reveal next year. Autocar recently…
- Audi Q4 SUV-coupe seen testing ahead of 2019 debut – Autocar: Audi’s new Range Rover Evoque rival is due to arrive in production form next year; test prototypes preview its design Audi is set to extend its SUV line-up with the Q4, which has been seen testing in light disguise ahead of its unveiling next year….
- German regional state to sue VW over diesel scandal – FAZ – Reuters: The German state of Baden-Wuerttemberg plans to sue Volkswagen over the carmaker’s cheating of emissions tests, newspaper Frankfurter Allgemeine Zeitung (FAZ) reported on Monday.
- Bloodhound SSC saved after investor buys 1000mph project – Autocar: Yorkshire entrepreneur Ian Warhurst has bought the troubled land speed record project The future of the Bloodhound SSC project has been secured, with Yorkshire-based entrepreneur Ian Warhurst buying the business and assets of the 1000mph land speed…
- China’s multibillion-dollar electric car companies are heading for a make-or-break moment – CNBC: “There is an inflection point coming in 2020,” he said, explaining that’s when he expects consumers will find battery-powered electric vehicles just as …
- Saikawa faces struggle to fill vacant chair as Nissan interim chairman – Nikkei:
- Choosing China’s finest: finding the best car in the world’s largest automotive market – Autocar: As leading Chinese manufacturers begin the push into Western markets, we see how they will stack up against established competitors Given the importance of China’s car market, the inaugural ‘Best Car For China” contest should be the start of something…
- Renault Is Said to Ask Nissan to Call Shareholders’ Meeting – Bloomberg: Renault is pushing Nissan Motor to call a shareholder meeting as soon as possible to discuss the Japanese automaker’s indictment, governance and …
- New GM faces old headwinds in D.C. – Detroitnews: New GM faces old headwinds in D.C. The Detroit NewsThe furious backlash against General Motors Co.’s restructuring, delivered by official Washington, may be a harbinger of things to come.
- Careem launches delivery service, expects to close funding round soon – Reuters: Careem launches delivery service, expects to close funding round soon ReutersCareem launched a delivery *service* covering everything from takeaway food to pharmaceuticals on Monday, diversifying from its core Middle East ride-hailing …
- Mazda preps plants for more crossovers – Automotive News: Mazda is prepping for a global crossover blitz with a sweeping production overhaul to make one of the industry’s most flexible production systems even more responsive.
- Hyundai’s design chief follows ‘sixth sense’ – Automotive News: Hyundai Motor Group design chief Luc Donckerwolke talks about how his global experiences shaped his design philosophy and the different workplace cultures he’s experienced over the years.
- Reuss’ charge: Reposition GM – Automotive News: Mark Reuss is conducting a top-down restructuring of his division that aims to streamline engineering and focus significantly more resources on autonomous and electrified vehicles.
- As the F-150 got bigger and pricier, Ford saw an opening – Automotive News: For years, Ford used the F-150 as the rationale for not selling the Ranger in the United States, arguing it didn”t want to cannibalize sales of its best-selling nameplate that generates the bulk of its global profits. But the F-150 has now simply grown…
- Tiny Lexus UX loaded with new technologies and styling – Automotive News: The diminutive Lexus UX crossover is the luxury brand’s first stab at the subcompact utility segment.
- Dream deal with Tesla puts leasing startup’s future in doubt – Automotive News: MUSA Auto Finance, of Dallas, signed a deal with Tesla in June to manage leases of its Model S and Model X. By October, the overwhelming volume of Tesla leases exceeded the company”s financial reach, forcing a halt to new business.
- Magna foresees flexible interiors soon – Automotive News: In response to consumer demand for versatility, supplier Magna International recently unveiled flexible interior designs that can convert a family vehicle to a work truck with the touch of a smartphone.
- Ghosn case like a soap opera – Automotive News: Carlos Ghosn, the chairman and mastermind of the group, remained stuck in jail last week along with his trusted aide Greg Kelly, an American …
- Hard-Brexit faction shows its ignorance – Automotive News: His comments showed “bewildering ignorance of the complexity of automotive supply chains,” Aston Martin CEO Andy Palmer wrote on Twitter.
- Hyundai, Kia Sued by Owners Claiming Engine Defect Caused Fires – Bloomberg: Hyundai, Kia Sued by Owners Claiming Engine Defect Caused Fires BloombergHyundai Motor Co. and Kia Motors Corp. were sued by U.S. drivers over an alleged defect that could cause certain engines to catch fire, adding pressure on the …
- Ghosn pay probe shifts to Nissan, CEO Ghosn Saikawa – Detroitnews: Investigators” scrutiny has expanded to the role of the Japanese automaker and its CEO Hiroto Saikawa.
- Report: Jaguar Land Rover set to cut thousands of jobs – Detroitnews: Jaguar Land Rover will announce plans early next year to cut thousands of jobs as part of a turnaround strategy.
- Senior China Official Urges Shift Toward Fuel-Cell Vehicles – Bloomberg: After spending billions of dollars in subsidies for lithium-battery electric cars, China should now shift its focus toward developing vehicles using the …
- Nissan board aims to boost governance post-Ghosn at Monday’s meeting – Reuters: Nissan Motor’s board is expected to meet on Monday, its first since firing chairman Carlos Ghosn last month, to decide on ways to improve governance at the automaker amid rising tensions with alliance partner Renault .
- Renault seeks Nissan shareholder meeting as Ghosn crisis deepens – Reuters: Renault requested a full Nissan shareholder meeting, a source close to the company said – appearing to escalate the carmaker’s standoff with its Japanese alliance partner in the wake of the pay scandal engulfing Chairman and CEO Carlos Ghosn.
- The Fall of the House of Ghosn – WSJ: Not everybody at Nissan was happy with their rock-star chairman, Carlos Ghosn. His high-living ways gave the company ammunition to take him down.
- After Ghosn, Nissan Scrutiny Spreads to CEO Saikawa – Bloomberg: … Japanese automaker itself and its chief executive officer: Hiroto Saikawa. At the same time, Renault is said to be pushing Nissan for an extraordinary …
- Uber welcomes, unions criticize UK plan to maintain flexible gig economy – Reuters: Uber Technologies Inc welcomed on Monday the British government’s response to a review into workplace rights, which looks set to preserve the business models of gig economy companies, but unions rubbished the business ministry’s plans.
