by Paul A. Eisenstein | Jan 8, 2019
Former Nissan Chairman Carlos Ghosn made his first public appearance since being unexpectedly arrested on financial corruption allegations Tuesday, telling a Tokyo court that he has been “wrongly accused.” Ghosn has been held in solitary confinement in the Tokyo...
by Paul A. Eisenstein | Jan 7, 2019
Seven weeks after his unexpected arrest, former Nissan CEO Carlos Ghosn will finally get a chance, albeit a brief one, to lay out his side of the story when he gets to address a court in Tokyo on Tuesday. Having so far refused to sign a confession demanded by Japanese...
by Michael Strong | Jan 4, 2019
The largest automotive recall in history continues as Ford recalls more than 953,000 vehicles worldwide to replace Takata passenger airbag inflators that may overinflate, explode and hurl shrapnel into the car’s cabin. The action includes 782,000 vehicles in the U.S.,...
by Michael Strong | Jan 3, 2019
If there wasn’t tension between the UAW and General Motors due to the company’s restructuring plans to close five plants, the new lawsuit filed by the union over the use of temporary workers should ensure there is now. The United Auto Workers said on Thursday it was...
by Michael Strong | Dec 31, 2018
Former Nissan Chairman Carlos Ghosn is going to ring in 2019 in the same way he ended 2018: behind bars, after the Tokyo District Court extended his detention 10 days until Jan. 11. The 64-year-old Ghosn who, according to prosecutors, committed a number of financial...
by Paul A. Eisenstein | Dec 26, 2018
Greg Kelly, an ousted Nissan Motor Co. executive caught up in a financial corruption scandal, has been released on bail after being held for more than a month in the Tokyo Detention Center. Kelly was arrested Nov. 19, immediately after arriving in Japan on a corporate...
by Michael Strong | Dec 21, 2018
Ford announced a recall of 874,000 pickup trucks in North America with engine block heaters that can, under certain circumstances, catch fire. The Dearborn, Michigan-based automaker said it is unaware of any reported accidents or injuries that have occurred as a...
by Joseph Szczesny | Dec 21, 2018
General Motors Co. is promising to respond by Jan. 7, to Unifor, the Canadian union that represents GM workers, which has laid out proposals that would maintain production at an assembly plant in Oshawa, Ontario, GM is preparing to shutter permanently. Unifor...
by Paul A. Eisenstein | Dec 20, 2018
Carlos Ghosn, the jailed former chairman of Nissan, could see the light of day for the first time in more than a month following a Tokyo court decision not to extend his detention on financial corruption charges. The 64-year-old executive, who had been serving as head...
by Michael Strong | Dec 18, 2018
General Motors is eliminating 50 jobs at its battery assembly plant just south of Detroit which provides batteries for the Chevrolet Volt plug-in hybrid sedan. GM will end Volt production in 2019. The company plans to cut nearly half of its workers — 37 hourly and 13...
by Michael Strong | Dec 18, 2018
The National Highway Traffic Safety Administration will no longer need to determine if a petition complete to issue summary for public comment, hoping to accelerate the process for getting autonomous vehicles on the road. The agency cut the requirement wanting to...
by Paul A. Eisenstein | Dec 18, 2018
Tensions are mounting between the French and Japanese sides of the Renault-Nissan-Mitsubishi Alliance, according to various insiders and news reports, in the wake of the arrest of Carlos Ghosn, the man who put the alliance together two decades ago. While the...
