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Albert Biermann appointed head of Hyundai R&D

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Albert Biermann appointed head of Hyundai R&D

Albert Biermann, former head of BMW M, has been appointed head of research and development at the Hyundai Motor Group. He replaces Yang Woong-chul, who, according to Reuters, will leave the company...

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Jaguar Land Rover: 5000 jobs on the chopping block
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Jaguar Land Rover: 5000 jobs on the chopping block

Jaguar Land Rover (JLR) will next year slash up to 5000 jobs as part of its turnaround plan, according to new reporting from the UK. According to the Financial Times, the brand will announce a £2.5 billion ($4.3 billion) turnaround plan to deal with falling demand...


Bram Schot is Audi's new CEO
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Bram Schot is Audi's new CEO

Audi has formally appointed Bram Schot as permanent CEO, a role he was given on an interim-basis after the arrest of previous CEO Rupert Stadler. In announcing the appointment, Herbert Diess, head of the Volkswagen Group, said Schot had done a "convincing job in recent months... [in] pushing forward with the cultural change in his team and is effectively tackling the current challenges"...


Pininfarina PF1 crossover to be based on Rivian platform - report
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Pininfarina PF1 crossover to be based on Rivian platform - report

The Pininfarina PF1 crossover will use a platform from Rivian, a start-up electric carmaker based in Detroit. "Work has started on the PF1 and right now, we are in the process of finalising the design," Pawan Goenka, managing director of Mahindra, owner of Pininfarina, told Autocar India...


Nissan, Ghosn, Kelly indicted over under-reported pay
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Nissan, Ghosn, Kelly indicted over under-reported pay

Prosecutors in Tokyo have indicted Carlos Ghosn, Greg Kelly and Nissan for under-reporting Ghosn's pay in official filings. According to NHK and other Japanese news outlets, prosecutors allege Ghosn's compensation package was understated by up to ¥5 billion ($60 million) over the five-year period ending in the 2014 Japanese financial year...


Volkswagen could build cars in Ford US plants
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Volkswagen could build cars in Ford US plants

Volkswagen could build some of its vehicles at Ford factories in the USA, Herbert Diess, the German automaker's CEO, has revealed. Diess spoke to reporters including those from Automotive News after a discussion with US President Donald Trump, members of his administration, and senior officers from Daimler and BMW...


VFACTS: November 2018 new vehicle sales
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VFACTS: November 2018 new vehicle sales

New vehicle registrations last month shrunk by 7.4 per cent compared to the equivalent month in 2017, for eight consecutive months of declining sales. UPDATE: An earlier version of this story wasn't displaying below the 'brands' section. The issue has been rectified, and all the data is officially there! Enjoy...


Road Vehicle Standards Act: New rules passed for imports, recalls
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Road Vehicle Standards Act: New rules passed for imports, recalls

There are new rules for the motor vehicle industry in Australia, after Federal Parliament passed the Road Vehicle Standards Act 2018 last week as a replacement for the Motor Vehicle Standards Act of 1989. The legislation passed both houses of parliament this week, but the rules won't start coming into force until late in 2019...


BMW considering increased Chinese production amid US trade war
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BMW considering increased Chinese production amid US trade war

BMW could be forced to shift some of its production volume from the US to China, as the trade war between the two nations escalates. Speaking with industry journal, Automotive News, BMW's North American boss, Bernhard Kuhnt, said the increasing import tariffs have "put some pressure" on the brand, leading it to re-evaluate the production schedule of its facility in Spartanburg, California...


Greater 'clarity' required around Australian emissions regulations - Hyundai
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Greater 'clarity' required around Australian emissions regulations - Hyundai

Hyundai has reinforced the need for new emissions regulations in Australia, suggesting the industry is eagerly waiting for a 'line in the sand' from the Federal Government on the issue. Speaking with CarAdvice at the launch of the Hyundai Ioniq in Brisbane, Scott Nargar, manager of future mobility and government relations at Hyundai Australia, highlighted the importance of certainty surrounding emissions Down Under...


Trump threatens fresh tariffs in wake of GM plant closures
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Trump threatens fresh tariffs in wake of GM plant closures

US president Donald Trump has threatened to raise tariffs on imported cars, in the wake of General Motors' announcement that it would close up to five manufacturing plants in the USA. In a series of tweets, Trump said that plans to introduce car tariffs are currently being studied...


Renault, Nissan, Mitsubishi CEOs to share top job at Alliance
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Renault, Nissan, Mitsubishi CEOs to share top job at Alliance

The chiefs of the Renault, Nissan and Mitsubishi have agreed to share the role of CEO of the Alliance. Hiroto Saikawa, CEO of Nissan, told Bloomberg and other news outlets after a meeting of the Alliance's board in Amsterdam: “We were able to confirm that the three of us would take the lead, which was excellent"...


Elon Musk: Tesla was weeks from death
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Elon Musk: Tesla was weeks from death

Elon Musk, outspoken CEO of Tesla, has confirmed the company was close to running out of cash as it dealt with numerous production issues surrounding its Model 3 sedan. In an interview with the Axios news program, which airs on HBO, Musk said, "The company was bleeding money like crazy [earlier this year], and if we didn’t solve these problems in a very short period of time, we would die"...


PSA to cut 240 jobs at Vauxhall factory
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PSA to cut 240 jobs at Vauxhall factory

The PSA Group has announced another round of job cuts, this time at Vauxhall's Ellesmere Port facility in northwest England. As reported by industry journal Automotive News Europe, it's the third round of cuts for the former GM-owned British brand, after it announced 400 axings at the site in October last year, and a further 250 in January – at the time of the first announcement, there were around 1900 people employed at the Ellesmere factory...


GM to close up to five factories in the US, slash jobs
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GM to close up to five factories in the US, slash jobs

General Motors has announced plans to reduce salaried staff in the US by 15 per cent, and could close up to five factories there. The company has "unallocated" production from three car factories (Oshawa, Detroit-Hamtramck and Lordstown), and two engine and transmission plants (Baltimore and Warren) after 2019...


Renault-Nissan leaders to meet over Ghosn's ousting - report
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Renault-Nissan leaders to meet over Ghosn's ousting - report

Renault and Nissan will meet to ward off the potential of a power struggle within their alliance, following last week's sensational arrest of chairman and CEO, Carlos Ghosn. The executive, who until last week was one of the highest paid, most respected figures in the automotive world, is accused of under-reporting his income on the Japanese stock exchange, and misusing company funds to the tune of AU$62 million...


Nissan removes Carlos Ghosn as chairman
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Nissan removes Carlos Ghosn as chairman

Nissan has confirmed Carlos Ghosn has been removed by the board as company chairman. Ghosn and his co-accused, Greg Kelly, have also been removed as representative directors. We understand, however, both men remain on the company's board as directors, as they can only be forcibly removed at a shareholder meeting...


Ghosn was planning Renault Nissan merger before arrest - report
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Ghosn was planning Renault Nissan merger before arrest - report

Prior to his sensational arrest earlier this week, Carlos Ghosn was reportedly working on a merger between Renault and Nissan. Sources close to Nissan's board have told the Financial Times Ghosn was attempting to engineer a merger in order to make the partnership between the two companies "irreversible"...


Nissan money secretly used to buy houses for former CEO - report
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Nissan money secretly used to buy houses for former CEO - report

Reports from Japan indicate Carlos Ghosn, current chairman of Nissan and its former CEO, was arrested on-board his private jet. Sources have told NHK funds from Nissan and its affiliates were used to purchase and renovate luxury homes for Ghosn's personal use in Paris, Amsterdam, Rio de Janeiro, and Beirut...


Nissan CEO denies 'coup d'etat' against Ghosn, talks about his 'negative impact'
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Nissan CEO denies 'coup d'etat' against Ghosn, talks about his 'negative impact'

During an extraordinary hour-and-a-half long press conference, Hiroto Saikawa, CEO of Nissan, talked candidly as he could about the events leading to Carlos Ghosn's arrest, and his influence on the company. In a spartan room, notable for the complete lack of Nissan branding, Saikawa read from notes for over 20 minutes, repeatedly stating the danger of concentrating too much power in one individual and referencing Ghosn's "long regime"...