by Paul A. Eisenstein | Feb 20, 2019
Ousted Nissan Chairman Carlos Ghosn’s new lawyer hasn’t wasted any time going on the offensive, calling out not only the automaker that has accused the former exec of financial misdeeds, but also the prosecutors who have refused to release Ghosn on bail after three...
by Joseph Szczesny | Feb 19, 2019
Members of United Auto Workers Union Local 961 in suburban Detroit have sued both the UAW International and Fiat Chrysler Automobiles to prevent the automaker from transferring an axle plant in Marysville, Michigan, to the giant German automotive supplier ZF. The...
by Michael Strong | Feb 18, 2019
A Selma, Alabama, man left paralyzed as a result of a 2015 rollover accident in a 1998 Ford Explorer was awarded $151.8 million in damages by an Alabama jury. The jury awarded Travaris Smith $100 million in punitive damages and $51.8 million in compensatory damages...
by Paul A. Eisenstein | Feb 18, 2019
Just hours before the deadline, the U.S. Commerce Dept. delivered a long-awaited report to the White House that could lead President Donald Trump to enact stiff new tariffs on imported autos and auto parts. The administration has not revealed what the report...
by Michael Strong | Feb 15, 2019
Just days after proclaiming a national emergency that would take $8 billion from the U.S. budget to construct additional border wall between the U.S. and Mexico, President Donald Trump will be faced with another massive decision involving foreign countries. The U.S....
by Michael Strong | Feb 14, 2019
Honda is recalling 437,000 vehicles in the U.S. to fix a fuel-pump issue plaguing six-cylinder engines, causing stalling or limiting acceleration. According to the automaker, a software update should resolve the problem; however, in some instances the fuel pump will...
by Paul A. Eisenstein | Feb 13, 2019
Carlos Ghosn, the former Nissan chairman facing charges of financial corruption, has shaken up his legal team in an effort to reverse a series of setbacks that have resulted in his being held in solitary confinement in a Tokyo prison since last November. Ghosn is...
by Michael Strong | Feb 13, 2019
According to a newly filed lawsuit against Ford, the automaker “boosted” the technology used in newer versions of its famed EcoBoost engines from a trio of professors from the Massachusetts Institute of Technology. Ford introduced EcoBoost to the world in 2009,...
by Michael Strong | Feb 12, 2019
General Motors’ battle against racist acts in an Ohio plant is getting more serious as the automaker is now offering a $25,000 reward to anyone who has information about nooses and other racist symbols appearing at the site. The company began offering the $25,000...
by Paul A. Eisenstein | Feb 12, 2019
Nissan Motor Co. warned that its earnings for the fiscal year ending March 31, could be about the lowest the carmaker has seen in six years. Nissan now expects to earn 410 billion yen, or $3.7 billion, for the fiscal year, a 45% year-over-year decline. It originally...
by Michael Strong | Feb 8, 2019
Former Renault-Nissan-Mitsubishi Chairman and CEO Carlos Ghosn is reimbursing Renault €50,000 for a bill the automaker incurred for the use of a chateau at the Palace of Versailles for Ghosn’s lavish wedding in 2016. Ghosn, who is being detained in Japan and being...
by Paul A. Eisenstein | Feb 4, 2019
Everything old is new again, it seems, with all sorts of once-forgotten nameplates rising from the dead. That includes the Chevrolet Blazer which will be rolling back into U.S. showrooms in the coming months. For those who may remember the Blazer as a classically...
