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Carlos Ghosn's Superyacht To Be Seized As Part of Legal Ruling

The Truth About Cars

Several years after the disgraced auto exec fled to Lebanon, the British Virgin Islands High Court ruled that he must surrender a superyacht allegedly purchased using funds he siphoned away from the automaker. Carlos Ghosn The Carlos Ghosn saga kicked off several years ago now, but the case is far from being settled.

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How Tesla stock and a PPP loan landed a man four years in jail

Teslarati

million Paycheck Protection Program (PPP) loan from the United States government, Tesla stock was one of his biggest purchases. million of the PPP funds to his E*TRADE Securities brokerage account and purchased securities,” a court filing from prosecutors revealed. Among the many things Andrew Aaron Lloyd bought with his $3.4

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Amazon Autos Now Selling New Cars, Hope You Like Hyundai

The Truth About Cars

Those interested in purchasing a new vehicle can now pursue, order, finance, and schedule pickup of their car via Amazon. With Amazon Autos, were bringing the simplicity and ease customers expect from Amazon to car shopping, one of their largest purchases, while offering dealers a new channel to connect with a broad audience.

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President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

400 million in grants to purchase thousands of plug-in hybrid and all-electric vehicles for test demonstrations in several dozen locations; to deploy them and evaluate their performance; to install electric charging infrastructure; and to provide education and workforce training to support the transition to advanced electric transportation systems.

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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Green Car Congress

They are reducing the share of long-term contracts in favor of spot purchases. They are fighting a multi-front war with Iran directly (in Yemen) and indirectly (in Syria, Lebanon, and Iraq). Asian customers are taking advantage of the competition. Saudi confidence in their financial wherewithal is proving misplaced.

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Carlos Ghosn sues Nissan for $1 billion, over funds and recognition

Baua Electric

Lebanon’s community prosecutor has eager a listening to for September. Government in Lebanon can request cooperation from their Jap opposite numbers to analyze Ghosn’s assertions.

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