The arrest of Sergio Pasini follows an indictment in the U.S. earlier this year on charges that included conspiring to rig diesel-powered vehicles to cheat on government emissions tests, Reuters reported.
Rolls-Royce CEO Torsten Mueller-Oetvoes is calling the fabled brand’s shift to electric vehicles the most significant moment in the company’s history since it was founded in 1904.
The transaction follows several other buy-sell megadeals this year as the auto retail industry consolidates.
The Tesla CEO was critical of a White House summit on EVs in August to which automakers other than Tesla were invited.
UAW leaders have said Ford has a “moral obligation” to make sure battery plant jobs are good-paying union jobs.