Renault

Nissan chairman Carlos Ghosn, one of the world's best-known businessmen, was reportedly under arrest in Japan on Monday in a shocking fall from grace linked to allegations of financial misconduct, reports AFP. 

Japanese media said Ghosn had been arrested after being questioned by Japanese prosecutors for various improprieties including underreporting his income.

Across Iran's capital, rush-hour traffic always grinds to a halt, a sea of boxy Renault four-doors and Peugeot coupes all idling their way through the streets of Tehran.

Airbus has been in Romania for five decades and "should Romania wish so", it can stay for another 50 years, Serge Durand, the head of Airbus Romania told an interview granted to AGERPRES.

Thousands of people attended on Sunday events organised in Herastrau Park in Bucharest to celebrate the 50th anniversary of the first Dacia automobile.

Car enthusiasts could watch automobiles produced in the last five decades at the Mioveni plant displayed in Piata Charles de Gaulle. The dozen models then participated in a parade between Piata Charles de Gaulle and Arcul de Triumf.

The Mioveni Dacia factory turns 50 on Monday, half a century since making its first Dacia brand automobile, all the while the production of Romanian Dacia automobiles passed 6 million units.

It sounds like something Q, the tech guy in James bond movies, would create: A plane that lands on a runway, shrugs its wings off, turns into a train and rolls on to rails to drop you off at your local station.

Projects we would like to draw in the automotive industry no longer relies on cheap labour force, given that in 2017, a quarter of the total national exports was generated by this industry, Paula Pirvanescu, Secretary of State InvestRomania with the Ministry of Business Milieu, Commerce and Entrepreneurship told on Monday a specialty press conference.

French carmaker Renault plans to move more production of its Clio mini to Turkey, company and industry sources told Reuters, in what is likely to be the start of phasing out domestic manufacturing of the brand’s biggest seller.

General Motors aims to launch a public ride-sharing service across several cities that uses fully self-driving cars by 2019, potentially becoming the first traditional carmaker to deploy autonomous technology at scale in the real world.

Ferrari threatened to leave Formula One due to new rules in the sport proposed by Liberty Media. The statement was personally made by the president of the legendary team, Sergio Marchionne. Statements against the innovations were also announced by Mercedes and Renault, reports bTV.