Author: Automotive News Feed
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Ghosn arrested as Nissan seeks his dismissal for misconduct
Nissan Chairman Carlos Ghosn has been arrested over suspected financial violations, Japan’s public broadcaster reported, as the automaker said it will seek Ghosn’s removal over allegations he used company money for personal use and committed other…
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McLaren CEO says draft Brexit deal gives certainty
The draft Brexit agreement between the UK and the EU gives certainty to British business whilst no deal would hinder free trade, McLaren CEO Mike Flewitt said.
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Ghosn said to face arrest over taxes in Japan
Nissan Chairman Carlos Ghosn will be arrested in Tokyo on a suspected breach of financial trading law, a newspaper reported.
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Ghosn to be fired for misusing Nissan assets for personal use, arrested for misconduct
Nissan is preparing to fire Chairman Carlos Ghosn for allegedly under-reporting his income and using corporate assets for personal use, a company spokesman said.
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Don’t dismiss warnings of retail upheaval
While NADA leaders and many dealers expect evolutionary, not revolutionary, change, they aren’t sticking their heads in the sand.
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Number to watch: $84.5 billion
Sales of lead-acid batteries are expected to almost double to $84.5 billion by the year 2025, according to the market research firm Grand View Research.
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Mobile: Ala. sees big export potential
A joint venture between Argentine and Chilean port services companies has begun site preparation for a new auto facility at the Port of Mobile, in Alabama.
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Johnson Controls exits the auto industry
Johnson Controls exits the industry stage to return to its 135-year-old roots of focusing on climate control systems for buildings.
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Autonomous vehicle testing disregards human life
Autonomous vehicle testing disregards human life and should be limited to tracks, not city streets.
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Remembering ZF’s PACE Award-winning innovative transmissions
Three transmissions, each representing a breakthrough, won three Automotive News PACE Awards for Germany’s ZF in 2002, 2010 and 2014.