Tesla only US automaker meeting brake-safety commitment early
Keith Naughton
Tesla Inc. is the lone U.S. automaker to meet a commitment to equip all its models with automatic emergency braking almost two years ahead of schedule, as Detroit automakers lag behind the safety leaders.
Tesla is among 10 companies that have already fulfilled a promise to federal regulators to install the safety technology on its vehicles by Sept. 1, 2022, according to Consumer Reports magazine and the Insurance Institute for Highway Safety. Automatic emergency braking helps avoid rear-end collisions by sensing a car stopped ahead and automatically applying the brakes.
Ford Motor Co. has put the technology on 91% of its vehicles in the last year, the Yonkers, New York-based consumer magazine said in a release. General Motors Co. and Fiat Chrysler Automobiles NV have equipped fewer than half their models with the safety device, the magazine said.
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Auto
executive-turned-fugitive Carlos Ghosn is under investigation in France for possible tax evasion during his last three years heading Renault and Nissan, according to a person familiar with the matter.
Ghosn and French tax authorities have been discussing since the middle of last year whether the former CEO should have been considered a French resident during 2016, 2017 and 2018, said the person, who asked not to be named because the information is not public. Ghosn declared in 2012 that he had moved to the Netherlands and was subsequently treated as a non-resident, the person said.
The newspaper
Liberation reported Monday that a French judge allowed authorities to seize almost 13 million euros ($16 million) in assets from Ghosn and his wife, Carole, pending the outcome of the probe. Authorities are preparing a “major” tax adjustment, the paper said.