5 risks to watch as Nissan readies key earnings update
Nissan embarks on a new midterm business plan focused on growth. Here are the top risks to watch as CEO Makoto Uchida unveils the first quarterly earnings of the new era.
Another prison term in multimillion dollar ‘Ponzi-like' car export scheme
A top conspirator in a fraud and money-laundering scheme was sentenced to 15 months in prison and ordered to pay $3.5 million in restitution for his role in defrauding franchised dealerships and vehicle brokers.
GM Wentzville production idled by UAW strike at Lear seating plant
Production of midsize pickups and full-size vans at GM’s Wentzville, Mo., assembly plant has been impacted by a strike at a nearby supplier factory.
Tesla's Q2 net income falls 45% to $1.5 billion, but revenue comes in slightly higher
Tesla reported revenue of $25.5 billion in the second quarter, compared with $24.9 billion a year earlier. Wall Street analysts on average had estimated revenue at $24.8 billion.
Windrose plans truck assembly in U.S. in rare move by a Chinese EV maker
Windrose’s U.S. factory, to be built in Georgia, will piece together chassis and other vehicle parts manufactured in China to serve U.S. customers, the company’s CEO says.