Cars

Carlos Ghosn appears in court amid Nissan and Infiniti executive shakeup

Carlos Ghosn Embattled auto industry icon and former Renault-Nissan-Mitsubishi Alliance boss Carlos Ghosn appeared in court on Tuesday for the first time since his Nov. 19 arrest. The appearance gave him his first opportunity to tell his story as Japanese prosecutors charged the executive with financial misconduct. CNN Business reported Ghosn told the judge he is “innocent of the accusations” and he always acted “honorably and legally” and with the knowledge of the appropriate company executives as he worked to rescue Nissan from financial disaster two decades ago. His work…

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Cars

Mattia Binotto replaces Maurizio Arrivabene as Ferrari F1 boss

Mattia Binotto Ferrari on Monday named Mattia Binotto as the new head of its Formula 1 team. Binotto, who was previously the team’s chief technical officer, replaces Maurizio Arrivabene in the team principal role. “The decision was taken together with the company’s top management after lengthy discussions related to Maurizio’s long-term personal interests as well as those of the team itself,” Ferrari said in a statement. Maurizio Arrivabene Arrivabene, a former Philip Morris executive, has been running the F1 team since late 2014. He managed to increase performance during that…

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Cars

Aston Martin preparing for “worst case scenario” with no deal Brexit looming

Aston Martin DBS 59 special edition Aston Martin CEO Andy Palmer told Reuters on Monday that the automaker has prepared for a “no deal” Brexit future by stockpiling some finished cars in Germany and planning to fly parts in on private jets. “We have to prepare for the worst case scenario,” he told Reuters. Palmer said the automaker plans its supplies 12 weeks in advance with a hard deadline for a Brexit deal due in less than 80 days. “You don’t need to do the maths to know that therefore…

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Cars

Gordon Murray receives CBE from Queen Elizabeth II for services to motoring

Gordon Murray receives Commander of British Empire award Gordon Murray presents one heck of a resume, but now he can add “Commander of the British Empire” to it. Queen Elizabeth II awarded Murray the accolade in December for his “services to motoring.” Hemmings reported on the honor on last Friday. The CBE designation is one of five classes of the British order of chivalry, and it sits below the two Knight designations. Nevertheless, the award is an extraordinarily high honor. “It is extremely humbling to receive a CBE in the Queen’s…

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