Former Nissan chairman Carlos Ghosn has accused executives at the Japanese car giant of a “conspiracy” that led to his arrest on financial misconduct allegations.
Nissan shareholders have approved removing its former chairman, Carlos Ghosn, who faces allegations of financial misconduct, from the Japanese carmaker’s board.
A £16 million programme is being launched to help automotive suppliers, such as those affected by the planned closure of Honda’s car factory.
German carmaker BMW has said profits in 2019 will be “well below” last year’s and it plans to cut 12 billion euros (£10.3 billion) in costs by the end of 2022 to offset spending on new technology.
Car giants Toyota and BMW have issued stark warnings about the impact a no-deal Brexit would have on their plants in the UK.
Car dealers are overcharging consumers buying vehicles on credit by more than £1,000 on their interest payments to pocket a higher commission, Britain’s financial watchdog has found.
Store closure plans by electric car manufacturer Tesla have raised questions about the future of its sites in the UK and Ireland.
Luxury car manufacturer Aston Martin Lagonda has revealed plans to set aside up to £30 million to help it weather Brexit disruption as it posted a £68.2 million annual loss.
Tesla chief executive Elon Musk’s tweeting habits have triggered another legal challenge from stock market regulators in the US.
Thousands of jobs are set to be lost after Japanese car giant Honda confirmed plans to shut its factory in Swindon in 2021 in a devastating blow to the motor industry.