Author: Automotive News Feed

The EU denied a report that the bloc’s chief trade negotiator was headed to Washington to meet with her U.S. counterpart, in a last-ditch attempt to head off tariffs on car imports.

From L.A.: Porsche packs more hp in next 911; Honda Passport flexes muscle; Mazda3’s 5 engine choices; ‘Bold and sexy’ BMW; Mud-ready Rivian; BMW mulls second U.S. manufacturing plant.

Carlos Ghosn’s deferred income at Nissan ballooned over the past eight years as he sought to downplay his compensation in front of shareholders, a practice that was a focus of the investigation that led to the executive’s arrest, Bloomberg reported.

Nissan and its auditor discussed the transactions at the heart of allegations of financial misconduct by former chairman Carlos Ghosn, Reuters reported.

Three quarters of businesses in Britain’s automotive sector think leaving the EU next year without a transition deal would hurt them, according to a survey from the industry body SMMT.

Carlos Ghosn consulted Nissan about the collateral related to personal trading losses, but did not transfer the losses to the automaker, his lawyer said.

BMW is considering a second U.S. manufacturing plant that could produce engines and transmissions, CEO Harald Krueger said, following a report saying that U.S. President Donald Trump will impose tariffs on imported cars from next week.

The new rear-wheel-drive crossover, which Lincoln President Joy Falotico says could “absolutely” become its best-selling nameplate, comes in both gasoline and plug-in hybrid form.

The addition of an all-wheel-drive Prius and a hybrid Corolla reflect Toyota’s search for niches and frontiers where it can generate incremental volume and higher profits from its core car models.

Audi gave a glimpse of what the e-tron GT, its first series production electric sedan due in 2020, will look like when it unveiled a concept study at the Los Angeles auto show.