Author: Automotive News Feed
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Nissan said to expand Ghosn misconduct probe to include Renault alliance
Nissan’s investigation into alleged misconduct by Chairman Carlos Ghosn is expanding to include Renault-Nissan finances, sources told Reuters – in a further sign that Nissan may seek to loosen its French parent’s hold on their global carmaking…
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First Shift: Ghosn arrest tied to pricey homes?; France seeks interim Renault CEO
Ghosn arrest tied to pricey homes?; France seeks interim Renault CEO; Report: Not enough workers accepted GM buyout offers; Pickups getting safer, IIHS finds.
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Who is Carlos Ghosn’s alleged co-conspirator, Greg Kelly?
Who is Greg Kelly? The first American board member for Nissan — accused of being “one of the two masterminds” behind the financial misdeeds — has a background in law and human resources.
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Mali to produce lithium by 2020 after 694,000 tons discovered
Mali is on track to start lithium production by 2020 following the discovery of exploitable reserves, a senior mines ministry official told Reuters.
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Bentley’s hit from WLTP tests ‘close to catastrophic,’ CEO says
Bentley was too slow to ready its cars for Europe’s new WLTP testing regime, causing problems that were “close to catastrophic,” CEO Adrian Hallmark said.
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VW brand COO outlines his plans for Europe’s top automaker
Volkswagen brand is readying the launches of a raft of new products in Europe including the new Golf and the T-Cross small SUV. Chief Operating Officer Ralf Brandstaetter outlined his priorities for the brand.
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Ghosn faces 10-year jail sentence if convicted of financial misconduct
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 under the country’s Financial Instruments and Exchange Act.
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Renault-Nissan-Mitsubishi alliance under threat following Ghosn arrest
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.
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Separating Renault-Nissan would be bloody
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…
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Renault may replace Ghosn as CEO, report say
Renault’s board will discuss temporarily replacing Carlos Ghosn as CEO while he remains in detention in Japan over alleged financial misconduct at alliance partner Nissan, sources told Reuters.