Motoring Podcast - News Show

FOLLOW UP: GHOSN ORDERED TO RETURN YATCH Carlos Ghosn has lost his appeal over the ruling that he must return his luxury yacht and repay approximately $32 million, to Nissan. This could prove tricky as he is in Lebanon and due to geopolitical issues, it may be tricky to send someone to go pick it up. To learn more, click this article link from The Autopian. JLR INVESTS £500M IN HALEWOOD PLANTIn order to build hybrid vehicles and prepare for their electric future, JLR are updating the Halewood plant to the tune of £500 million. They will also be able to build combustion engined vehicles at the same facility. Click this article link to The Guardian. NISSAN BUYS MORE SHARES BACK FROM RENAULTNissan is buying another 5% of shares back from Renault as the Rebel Alliance continues to dissolve. Estimated to be worth around $551 million which will help Renault’s finances. If you wish to learn more, click this article link from Automotive News Europe. UK GOVERNMENT HAS NO PLANS FOR PAY-PER-MILE CHARGE YETIn a surprise