Hyundai’s comments come a day after a report cited unnamed industry sources on as saying the two companies planned to conduct joint research and development on safety and security systems for self-driving cars.
Tokyo prosecutors are considering pressing a fresh fourth charge against Carlos Ghosn over financial misconduct, which now may include buying a luxury boat used by the family of the ex-Nissan boss with money from the car company.
German carmaker Volkswagen says it plans to cut thousands of jobs as a part of a restructuring plan.
Crisis-hit Japanese automaker Nissan slashed its full-year forecast as nine-month net profit dropped 45 percent in the first earnings report since the stunning arrest of former chairman Carlos Ghosn.
Nissan said it will consolidate production of the next generation X-Trail at its plant in Kyushu, Japan, where the model is currently produced, allowing the company to reduce investment costs in the early stages of the project.
Macron said he had discussed with Japanese Prime Minister Shinzo Abe the situation surrounding the arrest of Franco-Brazilian-Lebanese executive, Carlos Ghosn.
Earlier Tokyo prosecutors filed two new charges of financial misconduct against Carlos Ghosn.
Mass-market carmaker Ford and luxury-focused Jaguar Land Rover have announced sweeping restructuring that will cost thousands of jobs in Europe.
Fiat Chrysler will pay $311 million in penalties to the Justice Department, at least $75 million to states investigating the excess emissions and additional funds to offset excess emissions and $280 million to settle a lawsuit by owners.
Ghosn, credited with rescuing Nissan from near-bankruptcy two decades ago, appeared thinner then before his arrest as he entered a court in handcuffs and a rope around his waist, wearing a dark suit without a tie.
Mercedes, Germany's trademark car company, wants to develop a self-driving car, increasing fierce competition with firms like Uber, Google, General Motors and Volkswagen.
The growing case against the auto tycoon represents a stunning reversal of fortune for a man once revered in Japan and beyond for his ability to turn around automakers, including Nissan.
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