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Carlos Ghosn vows more legal fights against Nissan, warns foreigners in Japan
March 06, 2022 08:49:28 PMGhosn, the fugitive automotive icon, says the Tokyo court’s conviction of his onetime deputy Greg Kelly is a “warning” to foreigners doing business in Japan.
Key supplier Marelli is in talks with lenders on debt reorganization, report says
February 15, 2022 04:51:56 AMThe supplier, previously owned by Fiat Chrysler Automobiles, carried at least $9.5 billion in total debt as of September, sources told Bloomberg. Marelli is the world's 18th largest auto supplier.
Does Toyota's new battery factory mean a new U.S. assembly plant?
October 22, 2021 10:38:25 AMToyota Motor North America's announced plans to build a battery plant may require the Japanese automaker to build another assembly plant in the U.S.
Carmakers in Europe face raw-material bottleneck for EV batteries
October 25, 2021 12:00:01 AMExperts warn that failure to obtain adequate supplies of lithium, nickel, manganese or cobalt could slow the shift to electric vehicles.
Stellantis CEO Tavares' pay sparks anger ahead of French election
April 13, 2022 08:23:03 AMStellantis shareholder Phitrust estimated the value of the total compensation package awarded last year to Tavares at 66 million euros ($71 million) ahead of the automaker's group’s first annual general meeting.
GM-Honda just the one of many tie-ups proving Sergio Marchionne was right
April 17, 2022 11:42:41 PMThe former Fiat Chrysler CEO is now dead — his plans of automotive conquest equally so — but the logic that motivated his thinking seven years ago keeps repeating itself over and over.
Tremors at auto supplier Marelli show what can go wrong for private equity
February 17, 2022 02:19:24 PMMarelli's worries could mean supply problems for Nissan and Stellantis, and also reveal the bumpy road that sometimes awaits private equity firms in automotive.
Market slide continues in June, Q2
July 01, 2022 07:00:00 AMU.S. light-vehicle sales, hampered by lean stockpiles and chronic parts shortages, declined by double-digits in June, capping a weaker second quarter and first half. The SAAR tallied 13.22 million last month, the second lowest pace of the year. Lights trucks drove Ford to a 1.8 percent gain in the second quarter and a 32 percent June surge, ending a streak of monthly declines at the Ford brand and Lincoln.