Author: Automotive News Breaking News Feed

Nissan will file corrected earnings for past years in which Carlos Ghosn, the company’s ousted chairman, allegedly under-reported his compensation by tens of millions of dollars.

Hyundai Motor Group’s two vice chairmen in charge of randd have offered to resign, three people familiar with the matter told Reuters.

The redesigned Jeep Wrangler failed one of several crash tests performed by Euro NCAP, the European version of crashworthiness studies performed by NHTSA and the Insurance Institute for Highway Safety.

The Ford executive is now responsible for leading the automaker’s global vehicle programs under product development, with Graham Pearson leading product development for Asia Pacific and China.

The UAW is urging the White House to go beyond gains in the tentative United States-Mexico-Canada Agreement in any free-trade agreement negotiated with Japan.

Ford has taken a giant leap into an enormous project to remake where employees think, design and create the vehicles of the future in a Detroit campus that is four years away from becoming reality.

Ford said it started negotiations with German worker representatives about potential job cuts at its Saarlouis plant following a decision to discontinue production of its Ford C-Max model.

Robert Bosch, the world’s largest automotive supplier, discussed the merits of a potential stock market floatation with investment bankers as part of a broader funding review, but has chosen to remain unlisted, people close to the matter said.

Nissan said it was seeking to block former chairman Carlos Ghosn’s access to an apartment in Rio de Janeiro, citing a risk that the executive, arrested and removed from his role for financial misconduct, may remove or destroy evidence.

Nissan said it was seeking to block former chairman Carlos Ghosn’s access to an apartment in Rio de Janeiro, citing a risk that the executive, arrested and removed from his role for financial misconduct, may remove or destroy evidence.