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VW Board to Discuss Ford Alliance Next Month
6/26/2019Volkswagen AG’s supervisory board reportedly will discuss and may approve next steps in the company’s budding alliance with Ford Motor Co. when it meets on July 11.
Kia’s U.S. Marketing Chief Resigns
6/26/2019Saad Chehab, who has been vice president of marketing communications for Kia Motors Corp.’s U.S. operations for two years, has left the company.
Nissan Faces Likely Fine Over Ghosn Pay Reporting
6/26/2019Japanese regulators are expected to fine Nissan Motor Co. as much as 4 billion yen ($37 million) for not reporting a like amount of compensation for former Chairman Carlos Ghosn.
Ford Unveils European Puma Crossover
6/26/2019Ford Motor Co. took the wraps off the all-new Puma compact crossover this week.
France’s Macron Touts a “Stronger” Renault-Nissan Alliance
6/26/2019French President Emmanuel Macron says the Renault-Nissan alliance should be strengthened through “synergies and alliances in all their forms.”
Report: Tesla’s Production Chief Quits
6/26/2019Peter Hochholdinger, who has headed production at Tesla Inc. since hiring on in 2016, has left the company, according to the online publication Electrek.
Honda Dominates “American-Made” Vehicle List
6/26/2019Honda and its Acura brand accounted for seven of the top 15 models on Cars.com’s annual “American-Made” Index, which rates vehicles sold in the U.S. based on final assembly location, parts content and labor rates.
Genesis Affirms Expansion Plans
6/26/2019Hyundai Motor Co.’s high-end Genesis brand plans to launch two SUV/crossover vehicles and another unspecified model to double its product lineup by 2021.
FCA, VW Face $2.9 Billion Fine Over EU Emission Rules
6/26/2019Fiat Chrysler Automobiles and Volkswagen Group will face combined fines of €2.6 billion ($2.9 billion) for failing to meet 2021 emission limits in Europe, AlixPartners LLC predicts.
Renesas Replaces CEO as Earnings Sag
6/26/2019Tokyo-based chipmaker Renesas Electronics Corp. says its chief financial officer will take over as president, CEO and representative director on July 1.