Author: Automotive News Breaking News Feed

German supplier Continental is considering acquiring software makers after the flotation of its powertrain unit expected in the second half of 2019, CFO Wolfgang Schaefer told Boersen-Zeitung.

Renault, the automaker in which the French state is the most powerful shareholder, is headed into a decisive week over its leadership.

Tesla will start the European rollout of its Model 3 in February, putting pressure on German premium brands that have seen the Model S outsell flagship sedans such as the Mercedes-Benz S class.

Like Lyft, Uber last week submitted its IPO filing to the Securities and Exchange Commission, a person familiar with the matter told Bloomberg.

Carlos Ghosn and Nissan were indicted in Japan on Monday for understating Ghosn’s income, as Tokyo prosecutors pushed ahead with the criminal investigation that has shaken the global auto industry.

Nissan promised to improve corporate compliance after Tokyo prosecutors indicted former chairman Carlos Ghosn, close aide Greg Kelly and the automaker itself for allegedly understating Ghosn’s compensation.

Nissan promised to improve corporate compliance after Tokyo prosecutors indicted former Chairman Carlos Ghosn, close aide Greg Kelly and the automaker itself for allegedly understating Ghosn’s compensation.

In an interview with CBS’s Lesley Stahl, the Tesla CEO said he doesn’t respect the SEC, declared his interest in buying a shuttered GM factory and credited a parking lot assembly line with saving the company.

Ousted Nissan boss Carlos Ghosn faces a landmark day in his Japanese judicial ordeal on Monday when prosecutors must decide to either indict or free the jailed auto executive.

VW denied allegations that Chairman Hans Dieter Poetsch knew about the automaker’s emissions test cheating almost three months before U.S. authorities made it public.