- Ghosn’s Woes May Spell Trouble for Japan Inc – Bloomberg: Ousted Nissan Motor Chairman Carlos Ghosn’s legal troubles keep getting worse – and may begin taking a toll on some of Japan’s international relationships.
- Ford resigned to underwhelming profit even after Europe cuts – Automotive News: For all the cuts Ford Motor Co. poised to make in Europe, it”s resigned to the region staying a drag on profitability for the foreseeable future.
- German economy ministry in talks with Ford about planned job cuts – Reuters: German economy ministry in talks with Ford about planned job cuts Reuters UKThe German Economy Ministry is in talks with carmaker Ford over its planned job cuts in Europe, a spokeswoman said on Friday.
- The Detroit Auto Show Has Run Out of Gas – Bloomberg: Crowds will likely flock to the Toyota display, where executives will pull the cover off the company’s new Supra, a car petrolheads have been clamoring …
- December group deliveries fell by 8.4 percent year-on-year: Volkswagen – Reuters: Volkswagen on Friday said its worldwide group deliveries in December shrunk by 8.4 percent, to 916,200 vehicles from 999,900 the year before.
- The Chrysler Building Is for Sale. Does Anyone Want It? – New York Times: The Chrysler Building Is for Sale. Does Anyone Want It? The New York TimesThe second time I met the man I would eventually marry, we sat down to Thai food in Brooklyn, and he asked me what my favorite building was in New York.
- Why Ford and Other Auto Makers Are Restructuring and Teaming Up – Barrons: Ford plans to close plants in Russia, Germany, and France. Are the auto makers signaling a downturn, or is something else going on?
- China’s Geely says it has not sold Daimler shares, denies Bloomberg report – Reuters: China’s Geely Group [GEELY.UL] said it has not sold any shares in Daimler AG , denying a Bloomberg report that the Chinese firm had slashed its 9.7 percent stake in the German carmaker by more than half.
- UK Economy Loses Further Steam as Manufacturing Weakens – Bloomberg: –Manufacturing has fallen for five consecutive months for the first time since 2008-09, with the car and pharmaceuticals industries both performing …
- BMW Sees Stronger Sales Despite Challenging Year Ahead – Bloomberg: BMW AG said it’s on course to deliver another sales increase this year as revamped models like the X7 sport utility vehicle and solid growth in China offset …
- China’s Geely denies Bloomberg report, says has not sold shares in Daimler – Reuters: Zhejiang Geely Holding Group said on Friday that the company has not sold any shares in German carmaker Daimler AG, denying a Bloomberg report which said the Chinese firm had cut its 9.7 percent stake by more than half.
- Ghosn slapped with two more indictments in Japan – Automotive News: Tokyo prosecutors have indicted ousted Nissan boss Carlos Ghosn on two additional charges, further complicating the legal battle facing the jailed auto executive.
- BMW says group sales up 1.1 percent in 2018 – Reuters: BMW’s group sales went up 1.1 percent worldwide in 2018 to 2,490,664 vehicles, the company said on Friday, adding that it expected a slight increase this year despite challenging market conditions.
- Ghosn lawyers seek bail after ex-Nissan chief indicted on two new charges – Reuters: Defence lawyers for Nissan ex-Chairman Carlos Ghosn said they will seek his release on bail after Tokyo prosecutors indicted him on Friday on two new charges of financial misconduct.
- Jaguar Land Rover Is Still Misfiring – Bloomberg: The luxury automaker needs to do a lot more than cut jobs to turn around its business, including getting a grip … It also launched its own incubator and has committed $40 million to its team in the Formula E electric-car racing series.
- This Quirky Car Is Japanese. But There’s ‘Something Very British’ About It. – New York Times: This Quirky Car Is Japanese. But There”s ‘Something Very British” About It. The New York TimesThe tiny Nissan Figaro, which can be spotted in Britain in the thousands, is an oddball little convertible with an ardent following and a back story that is…
- Indonesia’s plans to regulate ride-hailing rates threaten Grab, Go-Jek models – Reuters: Indonesia is preparing to launch regulations fixing the rates drivers and riders for ride-hailing services such as Grab and Go-Jek receive, two government officials said this week, creating potential obstacles for the companies’ expansion.
- Object of Dzire: 2019 Suzuki Dzire – Yahoo: Japanese car brand Suzuki brought to Philippine shores the all-new, third-generation (second-generation locally) Dzire all the way from its original …
- Regarding violation of Japan’s Companies Act by former Nissan chairman, and violation of Financial Instruments and Exchange Act – Nissan-global: Today, Nissan Motor Co., Ltd.”s former Representative Director and Chairman Carlos Ghosn was indicted for aggravated breach of trust under Japan”s Companies Act. Prior to the charge being laid, Nissan filed a criminal complaint based on the same…
- Nissan ex-chief Ghosn seeks bail after indictment on two new charges – Yahoo: Nissan ex-chief Ghosn seeks bail after indictment on two new charges … TOKYO (Reuters) – Nissan ex-Chairman Carlos Ghosn has requested his … that included Nissan Motor, Mitsubishi Motors and France’s Renault, until his …
- Nissan’s Ghosn indicted on two new charges of financial misconduct – Reuters: Tokyo prosecutors indicted former Nissan Motor Co Ltd Chairman Carlos Ghosn on two new charges of financial misconduct on Friday, his lawyer said, adding to the legal challenges for the once-feted auto executive.
- New 2020 Ford Kuga to play big part of range restructure – Autocar: Next Kuga will take over as brand’s biggest-selling SUV in Europe, in a redesigned product plan focused on high-riding models Ford is set to introduce its third-generation Kuga in 2020, and new spy images show the SUV with minimal disguise on the…
- Ghosn Is Indicted for a Second Time as Japan Prosecutors Build Case – Bloomberg: Carlos Ghosn was indicted for a second time as Japanese prosecutors build their case against the fallen car titan who has been in jail for almost two …
- Carlos Ghosn indicted on fresh financial misconduct charges in Japan – Guardian: Carlos Ghosn could remain in detention for several months after prosecutors indicted him on two new charges of financial misconduct, days after the …
- FOCUS-How Santander’s Brazil unit is driving growth with car loans – Reuters: At BM Multimarcas, a used-car dealer on the outskirts of Sao Paulo, owner Santel de Abreu Bernardo can show you jalopies that most big banks would not touch.
- Palladium Still Isn’t Pricey Enough – Bloomberg: That’s important, because the diesel scandals engulfing the global car industry in recent years are reducing industrial demand for platinum, which is …
- Ford values VW’s scale, Mahindra’s efficiency in tie-ups – Detroitnews: Ford executives have commented on progressing partnership discussions in recent days
- Ghosn’s Lawyer Said He Developed a Fever in Jail, Is Feeling Better – WSJ: Carlos Ghosn developed a fever while in a Tokyo jail but was feeling better Friday morning, his lawyer said, after the former Nissan chief”s wife pressed Japanese authorities for information on his health.
- Honda confirms 2019 Super GT drivers, Button to stay on – Yahoo: Honda confirms 2019 Super GT drivers, Button to stay on. Despite relatively few changes, two drivers have been dropped out of Honda’s Super GT …
- Once Cadillac’s show-horse, CT6 limps to its last Detroit show – Detroitnews: The Cadillac CT6 has been the brand’s flagship for 3 years. But the sedan is being eliminated from the lineup, a victim of market forces.
- Nissan has canceled lease on Ghosn’s Tokyo apartment: Ghosn lawyer – Reuters: Nissan Motor Co Ltd has canceled the lease to ex-Chairman Carlos Ghosn’s luxury apartment in Tokyo, Ghosn’s legal team said on Friday, as the Japanese automaker cuts ties with the executive following his arrest in November.
- China Offers Green Card to Elon Musk – Bloomberg: Two days after Tesla Inc. Chief Executive Officer Elon Musk appeared at a muddy groundbreaking ceremony for his newest gigafactory, China’s …
- Cadillac to introduce EV, report says – Automotive News: Cadillac is expected to become GM’s lead electric vehicle brand as the company gears up to introduce a new model under the luxury marque to challenge Audi, Tesla and EVs planned by other automakers, Reuters reported, citing two people briefed on the…
- Hyundai to reveal hydrogen sports car in Detroit? – Autocar:
- Ford, Jaguar slash thousands of jobs across Europe – Yahoo: Ford, Jaguar slash thousands of jobs across Europe Yahoo! Finance NewsFord (F.N) and Jaguar Land Rover unveiled sweeping job cuts across Europe on Thursday as carmakers struggle with a slump in demand for diesel vehicles, …
- GM’s Cadillac is said to plan to introduce electric vehicle in fight against Tesla – CNBC: Cadillac is expected to become General Motors’ lead electric vehicle brand as the … including precisely when the Cadillac EV will be built, whether it will be a … GM had previously focused on making electric vehicles under its mass …
- Ford to Slash Jobs, Shut Plants in Major European Revamp – WSJ: Ford is launching an overhaul of its European business that is expected to include thousands of job cuts, plant closures and the scrapping of low-profit models amid a storm of bad news for global car makers.
- Exclusive – GM’s Cadillac will introduce EV in fight against Tesla – Reuters: Cadillac is expected to become General Motors Co’s lead electric vehicle brand as the largest U.S. automaker gears up to introduce a new model under that luxury marquee to challenge Tesla Inc , two people briefed on the matter said Thursday.
- Alphabet board sued on allegations of sexual misconduct cover-up – Reuters: Two shareholder lawsuits filed this week accused the board of Google parent Alphabet Inc of playing a direct role in covering up sexual misconduct claims against two former executives over the last five years.