#MICHELIN

Toyota Readies Supra-Based GT Racer

Toyota Motor Corp. says next year it will begin selling a production version of the Supra race car it unveiled in March at the Geneva auto show.

Renault Fires CEO Bollore

Renault SA’s board, citing the need for a “fresh start,” has removed President and CEO Thierry Bollore, a loyalist of former Chairman Carlos Ghosn.

Bugatti Chiron Breaks 300 mph Record

A mildly modified Bugatti Chiron hypercar has become the first near-production car to break the 300 mph speed barrier.

Options Add Up on 2020 Corvette

General Motors Co. will offer three trim levels for the all-new mid-engine Corvette Stingray and a host of options that can add more than $20,000 to the sticker prices.

Business

Michelin Sales Up, Earnings Down

Michelin & Cie. reports its revenue in the first half of 2018 climbed 11% to €11.9 billion ($13.1 billion), thanks to favorable exchange rates, a richer sales mix gains in sales to the mining industry.

Renault Chairman Faces Raucous Nissan Shareholders

Renault SA Chairman Jean-Dominique Senard faced angry shareholders earlier today during Nissan Motor Co.’s annual meeting.

Michelin Names Garcin to Head North American Unit

Michelin & Cie. has appointed Alexis Garcin as chairman and president of Michelin North America.

GM, Michelin Partner on Airless Tires

General Motors Co. is working with Michelin & Cie. to develop airless tires and introduce them in production vehicles by about 2024.

Electronics

The Racing Special: Shelby Mustang GT350 & the Detroit Grand Prix

Does anyone who has any interest in performance vehicles not want to learn more about the  2019 Shelby GT350 Mustang? Does anyone who has any interest in NASCAR or IndyCar not want to learn more about Team Penske, the team extraordinaire?  There’s more right here.

Business

Michelin, Faurecia Partner on Fuel Cell JV

French suppliers Michelin & Cie. and Faurecia SA have agreed to create a joint venture that will develop and produce fuel cell systems for passenger vehicles and other applications.

Business

Report: Renault May Replace Two Board Members

Renault SA’s new chairman may replace at least two of the company’s board members, sources tell Bloomberg News.

Business

Michelin Hikes Operating Slips 3%

Michelin & Cie. reports its operating income declined 3% to €2.6 billion ($2.9 billion). Sales revenue was flat at €22 billion ($25 billion).

Business

Report: Nissan Doesn’t Want to Share Its Chairman with Renault

Nissan Motor Co. won’t support Renault SA’s suggestion that its new chairman also serve as chairman of the Japanese carmaker, a source tells Bloomberg News.

Renault’s New Chairman to Join Nissan’s Board

Nissan Motor Co. is expected today to nominate Renault SA’s new chairman to join its board, replacing Carlos Ghosn.

Business

France: Renault’s New Chairman Should Head Nissan Too

France, which owns 15% of Renault SA and 43% of Nissan Motor Co., says Renault’s newly appointed chairman should head both companies.

Ghosn Replaced as Chairman, CEO of Renault

Carlos Ghosn has officially resigned as chairman and CEO of Renault SA, two months after being jailed in Japan for financial wrongdoing at Nissan Motor Co.

Ghosn Agrees to Resign as Renault’s CEO, Chairman

Carlos Ghosn has agreed to resign as chairman and CEO of Renault SA, according to media reports. His successors are expected to be named two days from now.

Business

France: No Plan to Alter Stakes in Renault-Nissan Alliance

France’s financial minister says there are no plans to alter the lopsided equity holdings in alliance between Renault SA and Nissan Motor Co.

France Backs Michelin CEO to Head Renault

The French government, which owns 15% of Renault SA, is ramping up its support for Michelin CEO Jean-Dominique Senard to succeed Carlos Ghosn as head of the carmaker.

Business

France Wants Renault Board to Replace Ghosn

The French government, which holds a 15% stake in Renault SA, is calling for the company’s board to consider a replacement for jailed Chairman and CEO Carlos Ghosn.

Mobility

About Autonomy: Three Views

Yes, there will be more autonomous technology coming at an ever-increasing rate. Which means all the more considerations must be taken into account.

Report: France May Tout Michelin CEO to Replace Ghosn at Renault

The French government, which owns 15% of Renault SA and controls two of its board seats, may recommend that embattled Chairman Carlos Ghosn be replaced by Michelin & Cie.

France Said to Back Bollore as Interim CEO at Renault

The French government reportedly backs a plan to name Thierry Bollore, Renault SA’s chief operating officer, to be interim CEO, according to Bloomberg News.

Nissan to Oust Ghosn as Chairman

Nissan Motor Co. says it will dismiss Carlos Ghosn as chairman on Thursday after he was arrested in Japan because of “significant” financial misconduct.