Executives

Nissan's drama looks a lot like a palace coup

The downfall of kings is bloody and swift. That certainly looks to be the experience of Carlos Ghosn.


Musk's 'Teslaquila' prompts sobering opposition from the tequila industry

Elon Musk and Mexico's tequila producers could be headed for a collision after the drink's industry group opposed the Tesla CEO's efforts to trademark an alcoholic drink dubbed "Teslaquila."

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MORE EXECUTIVE NEWS TALK FROM THE TOP FINAL ASSEMBLY
Nissan expands Ghosn probe to include Renault alliance, report says

Nissan's investigation into alleged misconduct by Chairman Carlos Ghosn is expanding to include Renault-Nissan finances, sources told Reuters. Nissan told Renault's board on Monday it had evidence of potential wrongdoing at Renault-Nissan BV, the Dutch venture overseeing alliance operations under Renault's ultimate control.

Separating Renault-Nissan would be bloody

Nissan's superior earnings and volumes should put it in the driving seat of its alliance with Renault but the setup of the cross-shareholdings binding the companies together means that Renault, and ultimately the French government, will not let go of the keys.

Ghosn's legacy at risk following arrest

Carlos Ghosn was set to end his career in a few years as a towering industry figure. But it seems that will no longer happen after his arrest in Japan on charges of financial misconduct.

UPDATED: 11/19/18 11:58 am ET -- adds Mitsubishi statement
Nissan to fire Ghosn for alleged financial misdeeds; Mitsubishi expects to do the same

Nissan Chairman Carlos Ghosn was arrested in Japan, and the Japanese carmaker he once saved from the brink of bankruptcy now plans to fire the high-flying executive for allegedly being the “master mind” behind “significant” financial misconduct. The move against Ghosn -- also head of the global behemoth Renault-Nissan-Mitsubishi Alliance -- sent shock waves around the automotive world on Monday.

Mulally: EVs are fun, but 'make no sense'

Former Ford Motor Co. CEO Alan Mulally, speaking at the National Auto Auction Association's annual convention, knocked tax credits and mandates for EVs as ineffective policy tools.

Mulally: Ford 'will figure it out'

Despite the headwinds it faces today, including new mobility services that are disrupting the status quo in the auto industry, Ford Motor Co. "will figure it out," Alan Mulally, the automaker's retired CEO, said Wednesday at a conference on used vehicles.


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