Business

Nissan faces $22 million fine for misreporting Ghosn pay

Nissan should be fined $22 million for filing documents that under-reported the compensation of former chief Carlos Ghosn, Japanese regulators recommended Tuesday, with troubled the firm saying it would not dispute the penalty.

Automotive

Spain aims EU funds for boost to electric car industry

The Spanish government will invest 4.3 billion euros ($5.1 billion) from its share of European pandemic recovery funds to revamp its automobile industry and steer it toward manufacturing electric vehicles and their components, ...

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