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Tokyo prosecutors say Nissan ex-chairman Carlos Ghosn, automaker and 2nd executive charged with underreporting pay.

The company had been investigating possible financial misconduct by Ghosn and Representative Director Greg Kelly this year.

Sam Paschel is the CEO of Zero Motorcycles Inc., a privately-held company based in Scotts Valley, California, that designs and makes electric motorcycles and powertrains, including fleet vehicles for police and the military.

General Motors' planned shutdown of its Detroit-Hamtramck plant would leave only one auto assembly factory in the city known for "putting America on wheels," but the closure and job losses are not expected to stall-out Detroit's comeback since its 2014 bankruptcy exit.

GM disclosed last month that it would shutter several assembly plants in North America by 2019.

The American automaker intends to build a new three-row Jeep Grand Cherokee for model year 2021.

Former Chrysler CEO Bob Nardelli told FOX Business that General Motors CEO Mary Barra was forced to make the difficult decision to shut down four U.S. auto plants.

Nissan, the Japanese automaker under scrutiny after its former chairman Carlos Ghosn was arrested on suspicion of financial misconduct, is recalling 150,000 vehicles spanning 11 models in Japan for dubious inspections for brakes and steering.

Fiat Chrysler will open another assembly plant in the Detroit area, according to a person familiar with the automaker's plan.

Fiat Chrysler Automobiles is tapping executives from Amazon and Shell Oil Company with previous automotive industry experience to fill its ranks.

A key goal is to improve margins at its mass-market VW brand.

The automaker needs to stay nimble as technology becomes a bigger part of how Americans drive.