A report claims that the “the entire chain of management” up to the CEO Carlos Ghosn was implicated in the “fraudulent strategies,” though a company official said “Renault doesn’t cheat.”
Air pollution “doesn’t care about political boundaries. A car in Germany can easily have significant impacts in neighboring countries, especially in densely populated areas such as the European continent.”
More manufacturers are focusing on aftermarket service as a way to add value to their offering, drive new revenue or replace flagging revenue from products.
The South Korean giant checked in at No. 49 in the annual Harris Poll rankings of the 100 most visible corporations, down 42 spots from a year ago.
The embattled airbag maker will notch a net loss of more than $560 million for the year through March — close to $740 million below what was expect — in large thanks to settling a criminal investigation.
A former Volkswagen CEO and chairman, and still a key shareholder, Piech has rekindled accusations that top managers knew about rigged diesel engines months before the manufacturer admitted it.
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