Jaguar Land Rover plans to cut thousands of jobs as part of a turnaround plan, the Financial Times reported, citing several unidentified people close to the company.
Even before Nissan ejected its longtime leader Carlos Ghosn, friction was growing between Ghosn and CEO Hiroto Saikawa.
BMW’s i subbrand has been the company’s technological trailblazer since the i3 full-electric city car was launched. The flagship iNext concept pushes the subbrand to new levels. The subbrand's boss, Robert Irlinger, spoke about BMW's electrification strategy.
The daughter of ousted Nissan Chairman Carlos Ghosn retrieved documents and cash from a corporate apartment in Rio de Janeiro, capping a legal battle over the items, which the automaker maintains may contain evidence of wrongdoing.
Nissan investigators are examining former Chairman Carlos Ghosn's use of a so-called internal CEO reserve fund and the role of subsidiaries in the Netherlands and other countries as part of a probe into alleged financial misconduct, two people with knowledge of the inquiry said.
A German startup whose shareholders include former Porsche CEO Wendelin Wiedeking says it can give the combustion engine a reprieve with technology that promises to cut consumption of gasoline and diesel by as much as 30 percent, and emissions by as much as 80 percent.
BMW and Porsche unveiled a charging station that can charge electric vehicles with enough power to drive 100 km (62 miles) in less than three minutes, pushing ahead of Tesla in the race to make battery-powered cars more convenient.
An EU court upheld a complaint by Paris, Brussels and Madrid against a rule change on nitrogen oxide emissions that the cities said had increased pollution.
Nissan's board is unlikely to select a chairman to succeed Carlos Ghosn on Monday after a panel tasked to choose a candidate did not agree on a nominee, Reuters reported.
Audi needs re-adjustments after a tough year including polishing the brand's image, enforcing a culture change and strengthening its largest market, China, new CEO Bram Schot told workers.
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