By on October 18, 2019

Even though Makoto Uchida hasn’t officially assumed his role as Nissan’s new CEO, the incoming boss hasn’t wasted time reassuring employees that his main focus will be restoring the business’ financial performance. “Nissan is on the right path for recovery … although it might be a gradual process,” he told workers on Friday.

Reuters shared details of the event, adding that Uchida expressed the importance of rebuilding trust with both the public and the greater Renault-Nissan-Mitsubishi Alliance. It’s no secret that the business relationship between the French and Japanese automakers has grown strained, leaving many wondering if the next CEO would attempt to run back into the strong arms of Renault or move the company further away.  (Read More…)

By on February 26, 2019


It appears that a presumed rough patch in Ford and Volkswagen’s relationship is over, now that The Wall Street Journal is reporting on VW preparing a nearly $2-billion investment into the Blue Oval’s autonomous development unit, Argo AI.

Earlier this month, claims arose that negotiations had reached an uncomfortable crossroad, with Volkswagen balking at Ford’s proposed admittance fee. Under the new deal, VW would set aside $600 million as an equity investment into Argo — acquiring half of the business in the process — followed by subsequent investments totaling $1.1 billion for the subsidiary’s research and development efforts.  (Read More…)

By on September 14, 2018

vision 2.0 NHTSA Autonomous vehicles

Volkswagen Group is interested in teaming up with other automakers to establish a new industry standard for self-driving technology. While the move would likely help streamline development, VW’s primary concern seems to be legal protection in the event an autonomous vehicle makes a mistake.

The idea of an automaker preparing itself to better cope with the legal ramifications of accidentally killing one of its customers isn’t particularly encouraging, but it’s at least understandable. (Read More…)

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