Alfa Romeo to Build High-Performance Engines in Italy
4/9/2015Fiat Chrysler Automobiles NV says high-output engines for its Alfa Romeo brand will be produced at the Alfa factory in Termoli, Italy.
France Boosts Stake in Renault
4/9/2015The French government is temporarily raising its holdings in Renault SA to 19.7% from 15% in a bid to influence future shareholder voting rights, Reuters reports.
GM Ponders Major SUV Plant Expansion in Texas
4/8/2015General Motors Co. is considering a $1.3 billion expansion for its SUV plant in Arlington, Tex., Reuters reports.
Car Sales in Russia Plunge 43%
4/8/2015Deliveries of passenger cars and light commercial vehicles in Russia plummeted to 139,900 units last month from 243,300 units in March 2014, the Moscow-based Assn. of European Businesses reports.
Fisker Drops Plans for Aston Martin-Derived Thunderbolt
4/8/2015Henrik Fisker has abandoned the Thunderbolt, a cosmetically modified Aston Martin V12 Vanquish sport coupe, to settle an intellectual property infringement lawsuit filed late last month by Aston Martin Lagonda Ltd.
NHTSA Drops Investigation into Stalling Chrysler Minivans
4/8/2015The National Highway Traffic Safety Administration has concluded that engine stalling problems in some of Fiat Chrysler Automobile NV's Dodge Grand Caravan minivans are not big enough to warrant a recall.
Honda Drops Crosstour Model
4/8/2015Honda Motor Co. is phasing out its slow-selling Crosstour crossover vehicle at the end of the current model year.
Record March Sales in U.K.
4/8/2015New-car registrations in the U.K. surged 6% to 492,800 units in March, the best month ever, according to the Society of Motor Manufacturers and Traders.
Hyundai, Kia Replace Executives as Sales Miss Targets
4/8/2015Hyundai Motor Co. and affiliate Kia Motors Corp. have fired two senior executives because sales in the first quarter of 2015 failed to meet targets, Reuters reports.
Mercedes Posts its Best Monthly Sales Ever
4/8/2015Mercedes-Benz sold 183,500 vehicles in March, the highest volume for any month in the brand's history.