Author: Automotive News Breaking News Feed

Nissan Chairman Carlos Ghosn would face a maximum penalty of up to 10 years in prison and/or a fine of up to 10 million yen if convicted of financial improprieties in Japan.

Renault-Nissan-Mitsubishi, the world’s largest car alliance, is facing its biggest challenge yet with the arrest of its Chairman, Carlos Ghosn, which could threaten to upend the union of automakers he began to forge almost two decades ago.

Nissan’s superior earnings and volumes should put it in the driving seat of its alliance with Renault but the setup of the cross-shareholdings binding the companies together means that Renault, and ultimately the French government, will not let go…

France is seeking an interim leader for Renault, distancing itself from CEO Carlos Ghosn after he was arrested in Japan on allegations of financial misconduct. “He is de facto not in a position to run the group,” Finance Minister Bruno Le Maire said.

Nissan paid “huge sums” for Carlos Ghosn’s residences in four cities where there were no business justifications, Japanese broadcaster NHK reported, as questions swirled over what led to the downfall of one of the world’s most recognizable…

Elon Musk floated the idea of working with a familiar ally on electric work vans after being guilt-tripped on Twitter for using fuel-burning vehicles to service Tesla models.

Subaru seeks to electrify at the Los Angeles Auto Show with the brand’s first plug-in hybrid, a gasoline-electric version of the Crosstrek that arrives in U.S. dealerships by year end.

Carlos Ghosn’s potential ouster as chairman of Nissan after his arrest for alleged violations of Japan’s financial laws raises the question: Can the Renault-Nissan-Mitsubishi Alliance survive without him?

The downfall of kings is bloody and swift. That certainly looks to be the experience of Carlos Ghosn.

Colorado has become the 13th state, along with the District of Columbia, to adopt low-emission vehicle standards based on those of California. The state’s dealer group criticized the decision as a misguided interference in the free market.