Carlos Ghosn has lost his appeal over the ruling that he must return his luxury yacht and repay approximately $32 million, to Nissan. This could prove tricky as he is in Lebanon and due to geopolitical issues, it may be tricky to send someone to go pick it up. To learn more, click this article link from The Autopian.
In order to build hybrid vehicles and prepare for their electric future, JLR are updating the Halewood plant to the tune of £500 million. They will also be able to build combustion engined vehicles at the same facility. Click this article link to The Guardian.
Nissan is buying another 5% of shares back from Renault as the Rebel Alliance continues to dissolve. Estimated to be worth around $551 million which will help Renault’s finances. If you wish to learn more, click this article link from Automotive News Europe.
In a surprise move, the UK Government has confirmed that it will not be announcing a pay-per-mile charging scheme, which many expected as a replacement for fuel duty and VED. That is not to say it isn’t going to happen at some stage. Click here to read more from Top Gear.
Security researchers found a flaw in the Kia dealer portal which allowed them to take remote control of vehicles, find their location, examine details of customers and more using only the license plate information. This was reported to Kia who have fixed the issue and confirm no one maliciously accessed their systems via this method. To read more on this, click here for the Bleeping Computer article.
Sky News has followed up an earlier investigation and found that luxury vehicles, including those from British manufacturers, are finding their way to Russian customers via other countries. We are not sure what the car brands can do to prevent this, as it is not from them directly. If you want to see what is going on, click this link here to read more.
Polestar is going to partner up with Infosys, the Indian IT giant, for their infotainment, driver assistance and connected services software. We REALLY hope Polestar has the people to check and tripple check the software that is produced. We are not confident this will be a good move. You can read more by clicking this article link from The Register.
