Waymo claims former employee stole self-driving tech secrets
Waymo, in a lawsuit filed Thursday in California, claims Anthony Levandowski downloaded 14,000 files before leaving to start his own company, Otto, which was later bought by Uber.

VW exec Schmidt pleads not guilty, but must stay behind bars, judge says
Volkswagen executive Oliver Schmidt will remain behind bars as an extreme flight risk even after not-guilty pleas were entered on his behalf during his arraignment Thursday in U.S. District Court in Detroit.

Ghosn hands Nissan reins to cost-focused lieutenant
Newly promoted to CEO at Nissan, Hiroto Saikawa will bring a gruff, tough, no-nonsense approach to leading Japan's second-biggest car maker at a time of rapid technological change in the industry.

Tesla's cash burn raises concerns on Wall Street
Elon Musk is burning through cash and may need to raise more soon to produce the mass-market electric sedan Tesla is banking on to reach the mainstream consumer.

Visteon builds on electronics segment gains in Q4
Electronics supplier Visteon said it swung to a $31 million profit on its continuing operations in the fourth quarter of 2016, compared with a loss of $68 million last year.

GM worker released from hospital after stabbing at Wentzville plant
A worker at General Motors' Wentzville assembly plant in Missouri has been released from the hospital after being stabbed five times Wednesday night at the plant, according to officials.

Nissan can manage just fine without Ghosn at the wheel
Nissan, which has counted Carlos Ghosn as chairman, CEO and president for most of the period since Renault saved it from the brink of collapse in 1999, is going to have to make do with less of him.

Ghosn steps down as Nissan CEO, hands reins to Saikawa as focus shifts
Carlos Ghosn, the long-serving chief executive who rescued Nissan from bankruptcy, is stepping down as CEO, having nearly finished his latest business plan and driven the Renault-Nissan Alliance to new heights with the acquisition of Mitsubishi.

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Automotive Buy Sell Report
Tuesday, April 12, 2016
When Nissan Plays Favorites, Dealership Buyers and Sellers Suffer
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Leading Dealership Law Attorney Questions Timing of Initial Public Offering of Ferrari
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Over 200 Former Chrysler Dealers Defeat Obama Administration's Latest Motion to Dismiss Wrongful "Takings" Lawsuit
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