
It has been a tough 13 months for Renault-Nissan CEO Carlos Ghosn. Since August 2013 he has had three highly skilled leaders leave the alliance. Nissan Chief Planning Officer Andy Palmer is the latest 50-something executive to depart.

It has been a tough 13 months for Renault-Nissan CEO Carlos Ghosn. Since August 2013 he has had three highly skilled leaders leave the alliance. Nissan Chief Planning Officer Andy Palmer is the latest 50-something executive to depart.

Andy Palmer, the car-guy chief planning officer at Nissan, who was once tipped as a possible future CEO, is leaving the company to head UK sports car maker Aston Martin.
The European trade body in China said Beijing is not planning to force foreign suppliers operating in the country to form local joint ventures, dismissing a report last week that had stirred concern among European firms.
Germany’s Stuttgarter Zeitung newspaper reported that China had urged three German suppliers to form partnerships with local rivals, citing the head of German parts supplier ElringKlinger.

China is targeting foreign companies with opaque laws and rules, according to a group representing U.S. businesses there, contributing to a deteriorating environment for investment in the nation.

By Liz Goodwin
One freezing day last December in the tiny town of Palestine, Ark., a young man climbed into the police department’s Humvee, turned it on, and drove off on a joy ride.