Author: Automotive News Feed

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.

Without Carlos Ghosn, it might look like the global alliance he built could fall apart. But with platforms, purchasing and plants shared, unwinding Ghosn’s creation could do more damage than keeping it together.

While Detroit increasingly struggles to draw the big names, this week’s Los Angeles show has a busy slate of global debuts from several major brands — domestic, European and Asian — plus a few minor ones.

Nissan executive Greg Kelly, who was arrested along with ex-chairman Carlos Ghosn, has defended Ghosn’s compensation, saying it was discussed with other officials and paid out appropriately, Japanese public broadcaster NHK said.

The sudden downfall of Carlos Ghosn looks set to unleash a power struggle between Renault and Nissan over the alliance he oversaw for two decades.

From Elon Musk’s ‘funding secured’ tweet to Ford’s fuzzy announcement about job cuts and the UAW’s questionable cabin, we present 2018’s biggest ‘turkeys.’

Japan’s ongoing scandal over faulty final inspections stood as a symbolic backdrop to Nissan’s bombshell ouster of superstar Chairman Carlos Ghosn last week.

Following the addition of the Ascent three-row crossover and the redesigned Forester, two vehicles seen as critical for the brand’s continued sales growth in the U.S., Subaru of America is taking another crack at a hybrid.

From Elon Musk’s ‘funding secured’ tweet to Ford’s fuzzy announcement about job cuts and the UAW’s questionable cabin, we present 2018’s biggest ‘turkeys.’

After months of financial woes, Rahim Hassanally, the prominent young dealer principal of Momentum Auto Group in California, abruptly shut down seven stores.