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Report: FCA May Sell Magneti Marelli Unit
7/20/2015Fiat Chrysler Automobiles NV is pondering a plan to sell parts maker Magneti Marelli SpA, sources tell Reuters.
Quarterly Profit Soars for Volvo Trucks
7/20/2015AB Volvo reports its second-quarter next income jumped to 5.2 billion kronor (€549 million) from 2.5 million kronor in the same period in 2014.
Mercedes Overhauls Global Logistics
7/20/2015Daimler AG's Mercedes-Benz Cars unit is launching a major realignment of its global logistics system, which employs nearly 7,500 people.
Autoliv’s Operating Income Jumps 50%
7/20/2015Autoliv Inc. says unfavorable exchange rates caused sales in the second quarter to shrink 4% to $2.9 billion.
Software Maker Sues Ford $1 Billion for IP Theft
7/17/2015Texas-based Versata Software Inc. claims in a $1 billion lawsuit that Ford Motor Co. illegally developed its own version of one of the company's products.
VW Group Sales Dropped 4% in June
7/17/2015Worldwide deliveries of Volkswagen Group vehicles fell to 840,400 units last month from 877,900 units in June 2014, dragged down by a 9% drop to 470,700 units for VW brand cars.
Opel Cuts Production Hours at Two Plants
7/17/2015General Motors Co.'s Opel unit plans to cut work hours at two factories to match output with the shrinking Russian car market and moderate demand in Europe.
NHTSA Interim Deputy Friedman Leaving Agency
7/17/2015The National Highway Traffic Safety Administration says David Friedman, its deputy administrator and interim chief for more than a year, is leaving to take a post in the U.S.
Tesla Passes Nissan for EV Supremacy
7/17/2015Tesla Motors Inc.'s Model S displaced the Nissan Leaf as the most popular electric vehicle or plug-in hybrid in the U.S. in January-March, according to IHS Automotive.
Ford Spotlights New Technology
7/17/2015Engineers at Ford Motor Co.'s research center in Aachen, Germany, are developing new lighting technologies the company says will enable drivers to more easily identify potential hazards and traverse unlit roads.