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Nissan Job Cuts Go Deeper Than Expected

Nissan Job Cuts Go Deeper Than Expected

Nissan will slash 12,500 jobs worldwide, significantly more than earlier reports from Japan had indicated. The company also plans to reduce its production capacity by 10% over the next three years, while eliminating 10% of its current model mix. “Our situation right...
Mitsubishi Moving U.S. Headquarters to Nashville

Mitsubishi Moving U.S. Headquarters to Nashville

Mitsubishi Motors North America plans to move its headquarters and 200 jobs from Southern California to Franklin, Tennessee, just outside booming Nashville and closer to its partner Nissan. Carlos Ghosn might be gone but his influence is still being felt with the...
Mitsubishi Shareholders Vote to Remove Ghosn as Chairman

Mitsubishi Shareholders Vote to Remove Ghosn as Chairman

Carlos Ghosn is out of his last job: Mitsubishi Motors Corp. shareholders voted to approve his removal as chairman of the company. Ghosn was the head of the Renault-Nissan-Mitsubishi Alliance until he was arrested last fall on charges of financial misconduct. The vote...
What Next for Fiat Chrysler and Renault?

What Next for Fiat Chrysler and Renault?

The French government is weighing in on the proposed Fiat Chrysler-Renault merger plan and underscores the potential challenges the automotive merger faces before it can be completed. Following four months of talks, FCA on Monday proposed a merger-of-equals with the...
Fiat Chrysler and Renault Poised to Form New Alliance

Fiat Chrysler and Renault Poised to Form New Alliance

What appeared to be a two-horse race to partner up with Fiat Chrysler Automobiles N.V. is now just down to one – Renault SA – with a deal potentially announced as early as Monday. The deal, which was reported first by Bloomberg News, not only provides some each...
Tesla Updating Software After Latest Battery Fire

Tesla Updating Software After Latest Battery Fire

Responding to the latest in a series of fires involving its electric vehicles’ battery packs, Tesla will updated its digital control software. The move comes in the wake of a pair of fires in China, a critical market for the manufacturer, both involving parked...
Mitsubishi Aims to Maintain Momentum in U.S.

Mitsubishi Aims to Maintain Momentum in U.S.

One of the industry’s most resilient brands, Mitsubishi is hoping to build on the momentum it has developed during the past couple of years with the launch of the redesigned 2020 Outlander. Mitsubishi has been the fastest growing Asian brand for two consecutive years...