All Automotive articles – Page 4
-
ArticleCoronavirus impact: How tech, medical, retail industries are responding
Surrounded by uncertainty, the coronavirus outbreak has quickly catapulted high on the list of hot risk topics for business leaders everywhere.
-
Article
Tesla: One SEC investigation ends; another begins
Electric car maker Tesla announced in a regulatory filing that the Securities and Exchange Commission has closed a previously announced investigation while also launching another, this time into Tesla’s financing arrangements.
-
Article
Ex-Nissan chair Carlos Ghosn secretly flees Japan
Carlos Ghosn, the former chairman of Japanese automaker Nissan, late last week secretly fled Japan, where he was awaiting trial over allegations of financial misconduct.
-
Article
More Tesla turnover: General counsel departs
For the third time in a year, electric car maker Tesla will have to find another general counsel.
-
Article
Mitsubishi Motors NA names general counsel
Mitsubishi Motors North America announced the appointment of Katherine Knight to the role of vice president and general counsel.
-
Article
NHTSA probing Tesla for defects that cause battery fires
The National Highway Traffic Safety Administration has launched an investigation into electric-car company Tesla over potential battery defects that allegedly cause its vehicles to suddenly burst into flames.
-
Article
Report: Nissan stopped audit chief’s plan to expand misconduct probe
A high-ranking Nissan executive reportedly quashed a recommendation to establish a special committee to determine whether any additional disciplinary actions were necessary surrounding allegations of financial misconduct.
-
Article
Fiat Chrysler to pay $40M for misleading investors
Automaker FCA U.S. and its parent company, Fiat Chrysler Automobiles, have reached a $40 million settlement with the SEC for misleading investors about the number of new vehicles sold each month to customers in the United States.
-
Article
More VW execs charged in emissions scandal; Daimler fined $960M
German prosecutors have charged two current Volkswagen executives and its former CEO for alleged market manipulation practices relating to its emissions-cheating scandal. In a separate action, Daimler was fined $960 million, also related to emissions cheating.
-
Article
Nissan pays $15M for financial misconduct; CEO and CCO resign
Nissan will pay a $15 million civil penalty over false financial disclosures, the SEC announced. The charges come the same month the carmaker’s latest CEO resigned, along with its vice president of internal audit and chief compliance officer.
-
Article
How to handle an unpredictable CEO like Elon Musk
There are activist CEOs and rogue CEOs. And then there’s Elon Musk, whose name came up quite often in a Compliance Week panel discussion about what to do when a leader goes off the rails.
-
Article
Nissan to overhaul its governance structure
In a meeting this month, Nissan’s board of directors unanimously voted in favor of a transition from a company with statutory auditors to a company with three statutory committees.
-
Article
Advance Auto Parts names chief accounting officer
Advance Auto Parts has appointed Andrew Page as controller and chief accounting officer.
-
Article
Stephanie Davis: The culture converter
Leading a team effort to weather the scandal caused by “Dieselgate” is just part of the path forward envisioned by Volkswagen Group of America Chief Ethics and Compliance Officer Stephanie Davis.
-
Article
Goodyear names general counsel
The Goodyear Tire Rubber Company has named David Phillips senior vice president and general counsel, effective June 4.
-
Article
Tesla to phase out four board members
Tesla disclosed in a filing with the Securities and Exchange Commission that four of its directors eventually will be phased out, reducing the size of its board to seven.
-
Article
Former VW boss charged over emissions scandal in Germany
German prosecutors have filed aggravated fraud charges against Martin Winterkorn, the former chief executive of Volkswagen, and four other unnamed managers for their involvement in the emissions-cheating scandal.
-
Article
Special committee report details governance reforms needed at Nissan
Last year, Japanese automaker Nissan formed a “Special Committee for Improving Governance” after its chairman Carlos Ghosn was arrested for engaging in financial misconduct. On March 27, the special committee published its findings, holding nothing back.
-
Article
Hertz sues former executives to recoup compensation
Car rental company Hertz is suing former executives to recoup losses related to its 2015 restatement to correct aggressive accounting.
-
Podcast
Kim Yapchai on engaging compliance training
Kim Yapchai, chief ethics and compliance officer at Tenneco, explains to columnist Tom Fox her approach of using interactive games in compliance training.
