Recent News

Japan prosecutors could broaden criminal investigation against Ghosn, report says

Japanese prosecutors are likely to build a new criminal case against former Nissan Chairman Carlos Ghosn for understating his remuneration by 3 billion yen ($27 million) over three years, a newspaper report said. ... Read More »

Nissan will seek review of Renault shareholding structure

Nissan will seek a review of the shareholding structure of its alliance with Renault to create a more equitable partnership between the two automakers following the dismissal of the Japanese company's former Chairman Carlos Ghosn, Bloomberg reported. ... Read More »

Nissan seen calling meeting to name Ghosn replacement as chairman

Nissan expects to convene a special shareholders' meeting to appoint a new chairman to replace Carlos Ghosn. ... Read More »

Range Rover Evoque gets hybrid tech to cut emissions

Land Rover is adding fuel-saving plug-in and mild hybrid powertrains to the new-generation Range Rover Evoque that was unveiled Thursday. ... Read More »

Tesla cuts prices in China to ease tariff hit

Tesla, stung by higher levies on U.S. vehicle exports to China amid a trade ward between the countries, lowered prices on the Model S and Model X by 12-26 percent to make the vehicles more "affordable" in the world's top auto market. ... Read More »

Nissan board votes to oust Ghosn as chairman

Nissan's board voted to remove Carlos Ghosn as chairman and representative director, coming another step closer to ejecting the storied auto executive from the Japanese carmaker he once rescued from near bankruptcy. ... Read More »

Ghosn held in austere prison

Carlos Ghosn is being held at Tokyo's detention center that is known for its austere regime, in stark contrast to the top executive's usual luxury lifestyle. ... Read More »

The Who’s Who of NIssan’s board; decision on Ghosn’s fate coming soon

Nissan's directors vote within a matter of hours on the remarkable move to oust Chairman Carlos Ghosn. ... Read More »

VW strikes legal settlement with Broadcom

Germany's Volkswagen has struck a deal with U.S. semiconductor maker Broadcom , ending a billion-dollar patent lawsuit that pitted the carmaker against its supplier, a source close to VW said. ... Read More »

Honda recalls Odysseys for possible door malfunction

America Honda is recalling 107,000 Odyssey minivans in the U.S. over a latch malfunction that may cause the power sliding door to open when the vehicle is in drive. ... Read More »