My Turn with the Shovel - 9 April 2019

FOLLOW UP: GHOSN REARRESTED

Days before Carlos Ghosn was due to address the press, he was arrested under suspicion that he has diverted Nissan money for personal use. To read more click the Automotive News article here.

To add further insult to injury, Ghosn has been voted off the Nissan board of directors by shareholders. Jean-Dominique Senard, Renault Chairman, has been appointed in his place. To read more click the Automotive News Europe article here.

Carlos Ghosn's legal team held a press conference, despite his incarceration. He did address those attending with a pre-recorded video statement. He reiterated his innocence of all charges. To read more click the Automotive News Europe article here.

FOLLOW UP: BMW, DAIMLER AND VW CHARGED WITH COLLUSION

BWM, Daimler and Volkswagen have now been charged with collusion of emissions, by EU regulators. Daimler were the whistleblowers, therefore they will be hoping for a more lenient fine as it is limited to 10% of annual turnover of the group, if the parent exercised decisive influence over the operations during the infringement period. Thanks to Greg Kable for clarifying that point. To read more click the Automotive News Europe article here. BMW has already warned of a $1.1 billion charge it expects to receive.

For extra context to the possible punishment click the first tweet from Greg Kable here. Adding to this Greg also clarified further, click here for that. For more details on what the EU believes the three denied consumers click the Motoring Research article here.

FOLLOW UP: FCA SETTLES PHONEY U.S. SALES CASE

Dealers brought a case that FCA had instigated price discrimination, broke franchise agreements and violated dealer protection statutes in four states. This is whilst the U.S. Government is investigating that the company misled investors by over-inflating their sales figures, which the system has been altered so this cannot happen again. No details of the settlement between FCA and the dealers has been given. To read more click the Automotive News Europe article here.

MARCH 2019 NEW CAR REGISTRATION FIGURES

The headline, overall, figure for new car registrations has fallen 3.4% during March. Diesel continues to drop in popularity, a further 21.4% this month. Business was the biggest sector to drop, with a fall in 44.8%. The individual vehicles that make up the Top 10 are mainly the usual suspects, however the Yaris and Corsa do surprisingly well. To read more click the SMMT article here.

FCA TO PAY TESLA TO POOL FLEET

Fiat Chrysler has reached agreement with Tesla to pool their fleets, so that FCA can avoid emission rule fines. In this offset of carbon dioxide credits they circumvent the issues they would otherwise have faced. Tesla has made over $1 billion in doing this in the U.S. in the last three years. To read more click the Reuters article here.

TOYOTA OPENS PATENTS TO ALL

Toyota has granted royalty-free licenses on almost 24,000 patents for it's vehicle electrification technology. Toyota are doing this as they see the issues around climate change and the need to hit the targets governments has issued. To read more click the Toyota article here.


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FORMULA E: ROME EPRIX THIS WEEKEND

To find out how to watch it in the UK, click the Formula E link here. Don't forget, those outside the UK can just toggle the location at the top of the page for local information.

Vienna has declared an interest in hosting a Formula E race. Early stage discussions have taken place. No timescale has yet been given on when this may happen. To read more click the Autosport article here.

TRAC MON APPLYING FOR REDEVELOPMENT APPROVAL

The Anglesey race track is looking to redevelop the site, expanding the number of people who can visit, improve the facilities on site for race teams and visitors. They hope this will bring the benefit of £2 million to the local annual economy. To read more click the BBC News article here.

LIST OF THE WEEK: FUN-TO-DRIVE CARS THAT DODGE THE LONDON ULEZ CHARGE

In celebration of the start of the ULEZ charge, Motoring Research has produced a list of the cars that both avoid the daily charge and are fun to drive. To see more click the link here.

To check if you are affected by the ULEZ charge, click here.

AND FINALLY: FCA HERITAGE HUB

Unfortunately, the Motoring Podcast was not invited to the unveiling of the Heritage HUB, in Turin. Probably wise, or we may well still be there. Top Gear were there, click here to run through the fabulous examples of Fiat, Lancia and Abarth.

TO watch the video on the Multipla from Car Throttle click here.


REAR VIEW PODCAST

Don't forget the new show from the team at Motoring Podcast, Rear View, where we talk to fascinating people from the motoring universe. To go listen to the episodes already released on Apple Podcasts click here.

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