Carlos Ghosn Jumps Bail, Flees Japan

Carlos Ghosn Jumps Bail, Flees Japan

Carlos Ghosn, the former head of the Renault-Nissan-Mitsubishi Alliance, has jumped bail and fled from Japan to his family’s homeland of Lebanon, adding another unexpected twist to a tale of alleged corruption that began with his surprise arrest after landing at...
FCA Getting Ready to Ask Court to Dismiss GM Lawsuit

FCA Getting Ready to Ask Court to Dismiss GM Lawsuit

Fiat Chrysler Automobiles N.V. appears to be preparing to ask a federal judge in Detroit to dismiss the blockbuster lawsuit General Motors filed against FCA just before Thanksgiving. A review of court papers in the case show that Judge Paul Borman ordered FCA to...
SEC Investigating BMW’s U.S. Sales Numbers

SEC Investigating BMW’s U.S. Sales Numbers

BMW Group, which is in the midst of a heated sales race with Mercedes-Benz for the top spot in luxury sales in the U.S., is being investigated by the U.S. Securities and Exchange Commission, the company confirmed. The inquiry is focused on the company’s sales...
Safety Group Wants Cabs With Open Recalls Parked

Safety Group Wants Cabs With Open Recalls Parked

If the massive recalls by General Motors and Takata in recent years have taught the public anything, it’s that vehicle owners are bad about bringing those vehicles to get the fixes necessary to make those cars, trucks and utes safe. Now, the Center for Auto Safety, a...
General Motors Recalling 900,000 Vehicles

General Motors Recalling 900,000 Vehicles

General Motors issued two recalls covering more than 900,000 vehicles due to software and fire problems. The first recall covers more than 550,000 2019 Chevrolet Silverado 1500, Cadillac CT6 and GMC Sierra 1500 vehicles due to a potential software issue that could...