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Renault to offer Nissan a merger plan - report

Renault is set to propose a merger to Nissan, but the chances of success seem low at this stage. A source has outlined Renault's proposed merger plans to The Nikkei. In the proposal, a new holding company will be formed to own 100% of Renault and Nissan, with current shareholders swapping their current shares for stakes in the new company...

Carlos Ghosn charged again, but given bail

Late last week Carlos Ghosn walked out of the Tokyo Detention Centre again after posting ¥500 million ($6.3 million) in bail. Unlike his first release from jail, when he donned a construction worker's outfit as disguise, Ghosn left jail this time in a plain white button-up shirt with a dark blue jacket...

Mitsubishi Pajero Final Edition announced for Japan - UPDATE

Mitsubishi has announced the Pajero Final Edition for the Japanese market, limited to just 700 units. UPDATE, 29/4/19: Mitsubishi Australia has issued a statement regarding the Pajero's future in our market. See bottom of article for details The large off-roader will end a 37-year stint in its homeland when it's discontinued in August, though certain export markets like Australia will continue to get the long-running nameplate...

Carlos Ghosn says his arrest was part of a 'conspiracy'

Overnight, Carlos Ghosn, the former CEO and chairman of Renault and Nissan, published a seven-and-a-half-minute video stating his innocence, and claiming he was arrested as part of a "conspiracy". The video was recorded prior to Ghosn's re-arrest last week, when he was out on bail...

Carlos Ghosn removed as Nissan director

Both Carlos Ghosn, former Nissan chairman and CEO, and Greg Kelly have been removed from the company's board of directors after a shareholder vote. Ghosn and Kelly were arrested in mid-November 2018 not long after they touched down in Japan for business meetings. Ghosn has been charged for under-reporting his pay, and misusing company funds and expense accounts...

Carlos Ghosn re-arrested on fresh charges

Carlos Ghosn, the former CEO of Renault and Nissan, has been re-arrested by Japanese authorities, alleging of the money paid from his discretionary fund to an affiliate in the Middle East was used for his own personal enrichment. Prosecutors turned up at Ghosn's residence in Tokyo before dawn to take the former executive in for further questioning...

Nissan CEO unaware of Renault's desire to pursue merger with Fiat Chrysler

Sources have told The Financial Times Renault is hoping to start merger talks with Nissan within 12 months, and then work on purchasing Fiat Chrysler Automobiles (FCA). According to wire reports (via Automotive News), when Saikawa was asked about whether he knew about Renault's reported plans, he replied, "not at all"...

2019 Ford Ranger: Autonomous emergency braking standard, pressure on other utes to follow

The Ford Ranger is the first ute on sale in Australia with autonomous emergency braking (AEB) with pedestrian detection and speed sign recognition as standard across an entire range, from the cheapest tradie model to the flagship Raptor...

Mitsubishi Triton 'Absolute' hardcore concept revealed

Fancy a beefed-up Mitsubishi Triton to rival a Ford Ranger Wildtrak, Toyota HiLux Rugged X or Holden Colorado Z71? If you said yes, your best option at the minute is to head somewhere reputable like ARB. But if the Triton Absolute concept revealed today in Bangkok is any guide, a Mitsubishi dealer near you might soon offer a modded version to spare you the effort...

Mitsubishi Triton: Jacked-up concept truck teased

Mitsubishi is preparing a rough-and-tough Triton for the Bangkok motor show, but don't hold your breath for a Ranger Raptor rival just yet. Although it looks the part, the as-yet unnamed show car hasn't been confirmed for production. Cross your fingers and toes, then...

2014-14.5 Mitsubishi Outlander PHEV recalled

Mitsubishi has recalled the MY2014 and MY2014.5 Outlander PHEV, over concerns about an airflow sensor in the internal-combustion engine. According to the company, the airflow sensor in the petrol engine could fail. If the problem occurs, the car's performance will be diminished, causing the EV warning lamp to come on...