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The board of Mitsubishi Motors is meeting to decide whether to oust Carlos Ghosn as chairman at the Japanese automaker, which is allied with Renault-Nissan.

CEO Osamu Masuko will become temporary chairman.

Investor optimism returned to Wall Street.

Tesla’s founder said the electric-car company was “within single-digit weeks” of dying.

The moves are calculated to dramatically slash costs and capital expenditures.

Gas prices have fallen amid a record-setting slump in the U.S. oil market.

German automaker Volkswagen says it will appeal a court ruling that orders it to buy back a six-year-old diesel vehicle at the original sales price.

Nissan's board will meet Thursday to decide whether to dismiss its chairman Carlos Ghosn following his arrest on suspicion of underreporting his income.

The Latest on Japanese automaker Nissan Motor Co.'s chairman Carlos Ghosn and allegations of financial violations against him (all times local): 6:15 p.m. Tokyo prosecutors have offered few details into their case against Nissan Motor Co. chairman Carlos Ghosn.

France's Renault says it has decided to keep its CEO Carlos Ghosn on despite his arrest in Japan on allegations that he misused assets of partner Nissan Motor Co. and misreported his income.

The Latest on the arrest of Carlos Ghosn, the Nissan chairman and Renault CEO (all times local): 7:10 p.m. France's finance minister says Renault's new temporary leadership will ensure the carmaker functions efficiently after the arrest in Japan of its CEO, Carlos Ghosn, for alleged misuse of assets at Nissan, where is also chairman.

An Auto industry expert says Nissan has been conducting business in an unethical manner.

Japanese media report Nissan Chairman Carlos Ghosn will be held in custody for another 10 days.

Stocks are skidding Tuesday morning, putting the market back into the red for the year, as weak results from retailers and mounting losses for big technology companies compound the market's losses from the day before.

Honda is recalling 122,000 minivans worldwide because the sliding doors can open while the vans are moving.

The arrest of Nissan Motor Co.'s chairman Carlos Ghosn on charges he underreported his income and misused company funds caused the company's shares to tumble and shocked many in Japan who view him as something of a hero.

The Latest on the arrest and investigation into alleged financial misconduct by Nissan's chairman Carlos Ghosn (all times local): 6:15 p.m. France's finance minister wants carmaker Renault to replace its once-superstar CEO Carlos Ghosn, who is facing accusations he under-reported income at partner company Nissan.

Asian stocks slid Tuesday after tech losses dragged down Wall Street and Nissan's chairman was arrested on charges of financial misconduct.