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Nissan poised to widen Ghosn probe to alliance entity, European subsidiaries

Nissan is poised to widen its probe into Carlos Ghosn to investigate possible misconduct at its alliance joint venture entity with Renault and a host of subsidiaries, people familiar with the matter said, in a move that could trigger more criminal charges on the former chairman.
■ Renault tells Nissan not to contact its board members, report says
■ Nissan spells out allegations on Ghosn to Renault
■ Ghosn seen as liability as French president battles elitist image
■ Brazil court grants Ghosn access to Rio apartment

Cadillac plans to unveil 3-row XT6 crossover in Detroit

The large three-row vehicle will slot between the XT5 midsize crossover and the Cadillac Escalade large SUV -- white space the brand has needed to fill for some time.

Hyundai promotes former BMW exec to r&d chief in management shake-up

Hyundai Motor appointed Albert Biermann, a former BMW executive, as its first foreign head of research and development, raising expectations of a smooth transition of power at the family-run business empire.

VW to keep Passat on old platform, update styling, tech for 2020

The 2020 Volkswagen Passat will receive new exterior styling, more standard safety equipment and an updated instrument panel but it won't land on a new platform or feature a new powertrain as the automaker, citing the shrinking midsize car market, strives to save resources.

Audi's Schot appointed CEO on permanent basis

Audi marketing expert Bram Schot will become the luxury brand's CEO on Jan. 1, making permanent a role he has held on an interim basis since June. Schot was originally considered a longshot to permanently lead the automaker because he lacks an engineering background.

UPDATED: 12/12/18 11:31 am ET - adds details
China considers delay for tech-dominance plans amid trade war, report says

China is considering plans to delay some targets in its strategy to dominate high-end technologies and to put more focus on shaping industry standards, people familiar with the matter told Bloomberg.

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UPDATED: 12/11/2018 5:11 pm ET - adds details Ex-Ford Argentina execs convicted in torture case

An Argentine court convicted two former executives of a local Ford plant of involvement in the torture of workers during the country's dictatorship in the 1970s, victims' lawyers said, adding they may sue Ford in U.S. federal court.

Cars.com pressured to perform, shake up management or sell

Starboard Value is calling on Cars.com to improve its performance or consider selling itself or making management changes, about nine months after the activist hedge fund reached a settlement agreement with the online auto-dealing platform.

Tesla readies Model 3 for Europe launch

Tesla will start the European rollout of its Model 3 in February, putting pressure on German premium brands that have seen the Model S outsell flagship sedans such as the Mercedes-Benz S class.

UPDATED: 12/10/18 03:29 am ET - adds Nissan confirmation Ghosn, Kelly, Nissan indicted for under-reporting compensation

Nissan promised to improve corporate compliance after Tokyo prosecutors indicted former Chairman Carlos Ghosn, close aide Greg Kelly and the automaker itself for allegedly understating Ghosn's compensation.


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