Author: Automotive News Breaking News Feed

Unifor believes the plant deserves to stay open because of its production performance over the years. GM has scheduled a major announcement for Monday morning.

Fiat Chrysler Automobiles is considering options for its robotics arm Comau, including a potential sale at a value of $1.7 billion to $2.3 billion, people familiar with the matter said.

Since its founding in 2009, much of what electric vehicle company Rivian Automotive was up to was done under stealth mode. That changes with its first vehicle debut, the R1T electric pickup.

Mitsubishi Motors has joined alliance partner Nissan in removing Carlos Ghosn from his role as chairman following his arrest for alleged financial misconduct.

Nissan is seeking to limit the power of alliance partner Renault to nominate officials to its board, Reuters reported.

Nissan CEO Hiroto Saikawa took aim at ousted chairman Carlos Ghosn in a companywide address for concentrating too much power in himself.

General Motors is expected to announce on Monday its plan to close its Oshawa Assembly Plant in Ontario, according to The Globe and Mail. Unifor confirmed GM has not allotted product to the plant beyond December 2019.

General Motors is expected to announce on Monday its plan to close its Oshawa Assembly Plant in Ontario, according to The Globe and Mail. Unifor confirmed GM has not allotted product to the plant beyond December 2019.

Renault-Nissan executives will attempt this coming week to shield their joint operations from a looming power struggle between the carmakers, following alliance boss Carlos Ghosn’s shock arrest.

Former Nissan chairman Carlos Ghosn has told investigators that he had no intention of under-reporting his remuneration on financial documents, Japanese public broadcaster NHK said.