Nissan is preparing to fire its chairman for allegedly under-reporting his income and using corporate assets for personal use, a company spokesman said. CEO Hiroto Saikawa said the board will meet Thursday to discuss Ghosn's dismissal. Mitsubishi's board will be considering the same action.
Hyundai will unveil the Palisade crossover, its big-bodied, three-row answer to the Ford Explorer, Toyota Highlander and Chevrolet Traverse, at this month's Los Angeles Auto Show. It is one of two crossovers Hyundai is adding in 2019 as the company races to match the industry's rapid shift from cars to light trucks.