Renault board maintains Ghosn's 2015 pay despite shareholder revolt

UPDATED: 4/29/16 1:25 pm ET

Renault's board stuck by its decision to pay Carlos Ghosn $8.2 million for 2015 in defiance of a non-binding shareholder vote against the CEO's compensation package on Friday.

VW passes Toyota as stoppages threaten 4-year global sales reign

Volkswagen pulled ahead of Toyota's global deliveries during the first quarter, as a series of production stoppages threaten the Japanese automaker's

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