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Tata Motors, two group finance firms accused of antitrust violations in India; company denies allegations, to support enquiries
• 5 years agoThe latest complaint alleged Tata Motors broke rules by working in concert with Tata Motors Finance and Tata Capital Financial Services while advancing dealer credit.
Ex-Nissan chairman Carlos Ghosn indicted on aggravated beach of trust charge; likely to remain in custody
• 6 years agoProsecutors had to indict or release Ghosn by Monday under the terms of his detention.
Hyundai hires former Carlos Ghosn ally Jose Munoz as global COO, Americas head
• 6 years agoMunoz, 53, joined Nissan in 2004 in Europe and led its expansion in North America after the global financial crisis.
Toyota and Panasonic join hands to make electric vehicle batteries in 2020
• 6 years agoElectric vehicle batteries produced by the joint venture will be sold to various automakers.
Daimler set to mass produce electric vehicles, to buy battery cells worth $23 bn
• 6 years agoDaimler declined to say which suppliers would be awarded the contracts.
Carlos Ghosn arrested: What misconduct is he accused of, how did it come to light; all you need to know
• 6 years agoCarlos Ghosn became CEO of Nissan partner Renault in 2005, chairman of Nissan of 2008 and chairman of Renault in 2009, giving him considerable sway over both companies.
Nissan chief Carlos Ghosn arrested in Japan over allegations of financial misconduct; auto titan faces ouster from firm
• 6 years agoNews of Nissan chairman Carlos Ghosn's arrest caused Renault shares to plummet more than 12 percent in Paris. The reports emerged after the trading day was over in Tokyo.
Tesla hikes prices on its Model X and S cars by 20 percent in China
• 7 years agoTesla slashed up to $14,000 off its Model X in China after Beijing said it would cut import tariffs.
Mazda claims to become the first automaker to commercialise more efficient petrol engine
• 8 years agoThe engine is called SKYACTIV-X and Mazda had no plans to supply the engine to other carmakers.
Jaguar Land Rover breaks record by selling 5,83,313 cars in 2016
Fp Archives • 8 years agoBritain's biggest carmaker Jaguar Land Rover (JLR) sold a record 583,312 cars last year as the Indian-owned firm continues its rapid expansion with the aim of building 1 million vehicles a year at the turn of the decade.