The son of former Nissan Motor boss Carlos Ghosn made about $500,000 in cryptocurrency payments to one of the two Massachusetts men who helped him escape from Japan, U.S. prosecutors
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Hyundai Motor reported a drop in profit on high-margin domestic sales but less than what was expected. The automaker said that while demand should pick up soon, the pace of
Spain’s Industry minister Reyes Maroto stated on Wednesday that the government was showing progress in convincing Japanese automaker Nissan to reconsider shutting down its Barcelona plant while looking for another
Nissan Motor stated on Tuesday it is willing to postpone the closure of its Barcelona plants until June 2021 and talk about “everything” with unions, but insisted it observes no
Japanese automaker Toyota Motor will make 2% fewer vehicles worldwide in August than originally planned, the Japanese automaker stated on Tuesday, as output recovers gradually from a sharp decline because
Former Nissan Motor CEO Carlos Ghosn levied criticism at his former employers in an interview on Sunday, describing the Renault and Nissan results “pathetic”, driven as much by a lack
As the world continues to deal with the coronavirus, the automotive industry has started to adopt “new normal” ways to promote safety and to increase sales. With the many challenges
Nissan Motor is preparing a 30% year-on-year cut in worldwide vehicle production through December as falling demand because of the COVID-19 pandemic complicates its turnaround efforts, two sources with information
Nissan Motor on Wednesday unveiled the Ariya – an electric SUV and its first all-new worldwide model in five years – hoping it will symbolize its road to recovery following
Shares of Hyundai Motor increased by almost 8% on Wednesday, a day after South Korea announced a “green new deal” to spur the use of environmental friendly vehicles. Other auto
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