by Paul A. Eisenstein | Nov 20, 2018
It took Carlos Ghosn two decades to transform three independent automakers into one of the world’s best-selling automotive alliances, but with the 64-year-old executive now sitting a Japanese jail, accused of a variety of financial misdeeds, that empire could come...
by Joseph Szczesny | Nov 19, 2018
The new trade agreement with Canada and Mexico that President Donald Trump hailed as a major breakthrough back in August appears headed for serious trouble. Forty Congressional Republicans have stated they will not vote for the agreement because it includes...
by Paul A. Eisenstein | Nov 19, 2018
One of the most visible faces of the global auto industry has been fired and reportedly arrested, Nissan Chairman Carlos Ghosn accused of financial misconduct. Once so popular after helping save the then-struggling automaker, Ghosn inspired a widely read Japanese...
by Paul A. Eisenstein | Nov 16, 2018
Soon after Tesla first introduced its Autopilot system in October 2014, videos began popping up on YouTube showing owners doing things like jumping into the back seat while their cars cruised down the highway. Even Tesla CEO Elon Musk was shown in his Model S sedan,...
by Joseph Szczesny | Nov 14, 2018
While the U.S. midterm elections have passed, carmakers are waiting on a final decision from the Trump administration on the Section 232 investigation. Section 232 of the Trade Expansion Act of 1962 allows the White House to use national security grounds to impose...
by Paul A. Eisenstein | Nov 14, 2018
Only a matter of weeks ago, battery-carmaker Faraday Future seemed ready to turn out the lights, co-founder Nick Sampson resigning and then declaring in a blog post that the company was “effectively insolvent.” But, despite a seemingly endless series of crises,...
by Michael Strong | Nov 12, 2018
A former Tesla Inc. executive was indicted by a federal grand jury indicted for allegedly embezzling $9.3 million by impersonating an employee at a supplier. According the indictment, Salil Parulekar got Tesla to send money owed to one supplier to another supplier....
by Paul A. Eisenstein | Nov 8, 2018
Australian Robyn Denholm is Tesla’s new chairman, replacing Elon Musk as head of the board of directors following a settlement with the Securities and Exchange Commission that forced the South African-born exec to relinquish his role. Musk, who will remain chief...
by Joseph Szczesny | Nov 7, 2018
Two former Fiat Chrysler Automobile N.V. officials and one former leader of the United Auto Workers have been sentenced to prison terms, ranging from 12 months to 15 months, for their part in a conspiracy to violate federal labor law. The sentences imposed on FCA’s...
by Michael Strong | Nov 6, 2018
General Motors is under investigation by U.S. safety regulators that are considering forcing the company to expand a windshield wiper recall to cover 1.7 million additional sport-utility vehicles. The company recalled 368,000 Chevrolet Equinox and GMC Terrain SUVs for...
by Michael Strong | Nov 6, 2018
After a 7% spike in auto thefts in 2016, the number remained flat in 2017 when 773,139 cars, trucks, SUVs and crossovers of all types were stolen. There are a variety of reasons why a vehicle may get stolen: the ease with which it can be gotten, popularity of the...
by Paul A. Eisenstein | Nov 5, 2018
Uber plans to relaunch the autonomous vehicle testing program it suspended following a fatal crash in Arizona last March, but it has advised regulators in Pennsylvania that it will take additional steps to ensure the safety of its vehicles. The San Francisco-based...
