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Fiat to Debut Next-Generation Linea Sedan This Month
5/8/2015Fiat SpA will introduce its replacement for the Linea compact sedan on May 21 at the Istanbul auto show, Automotive News Europe reports.
Report: PSA, Ford Will Extend Diesel Supply Deal
5/8/2015Ford Motor Co. and PSA Peugeot Citroen are poised to extend a 17-year-old supply agreement under which Ford buys 4-cylinder diesel engines from the French company, sources tell Les Echos.
FCA’s U.S. Unit Swings to a Profit
5/7/2015The U.S. division of Fiat Chrysler Automobiles NV reports its first-quarter revenue rose 10% to $20.9 billion, vehicle shipments grew 7% to 718,000 units and modified operating profit climbed 16% to $682 million.
TRW's Net Earnings Soar 80%
5/7/2015First-quarter net earnings for TRW Automotive Holdings Corp. jumped to $377 million in 2015 from $209 million in the same period last year.
UAW Offers Works Council Plan for VW’s Tennessee Plant
5/7/2015The United Auto Workers union has issued a "vision statement" in which Volkswagen AG sets up a works council at its assembly plant in Chattanooga, Tenn.
Porsche Opens $100 Million HQ in Atlanta
5/7/2015Porsche AG has officially opened its new U.S. headquarters in Atlanta, Ga.
U.K. Car Sales Surge to 10-Year High
5/7/2015Registrations of new passenger vehicles in the U.K. expanded 5% to 185,800 units in April, the best result since 2005, according to the Society of Motor Manufacturers and Traders.
De Tomaso Brand Heads for China
5/7/2015Italy's fabled De Tomaso supercar brand has been sold to a Hong Kong investment fund that intends to use it on vehicles built in China, Automotive News Europe reports.
Conti Hikes Sales Forecast as Income Grows 14%
5/7/2015Continental AG's sales in January-March climbed to €9.6 billion from €8.4 billion in the first quarter of 2014.
Toyota Readies 8 Dealers to Sell Fuel-Cell Car
5/7/2015Toyota Motor Corp. has selected eight dealerships four in metro Los Angeles and four in metro San Francisco to sell its Mirai hydrogen-powered sedan.