Maserati Aims to Double Its Dealer Network
6/20/2014Maserati SpA will double the size of its global dealer network to about 500 outlets by the end of next year to support its plan to boost sales to 75,000 units by 2018.
Tesla Opens 23rd Charging Station in Europe
6/20/2014Tesla Motors Inc. says it has activated 23 of its electric vehicle quick-charge stations across Europe, up from 14 such facilities in March.
Patton to Head Denso Engineering for Americas
6/20/2014Denso International America Inc. has promoted Doug Patton to executive vice president of engineering and chief technical officer.
Fuji Heavy to Boost Subaru Engine Output 20%
6/20/2014Fuji Heavy Industries Ltd. plans to increase annual capacity at its Subaru engine plant in Gunma Oizumi, Japan, from 800,000 today to 960,000 units by 2016, The Nikkei reports.
Denso Names New CEO, President for North America
6/20/2014Denso Corp. has named Sadahiro Usui as chairman and CEO of its Denso International America Inc. unit.
Tokai Rubber Changes Name to Tout Sumitomo Link
6/20/2014Japan's Tokai Rubber Industries Ltd. has approved a plan to rename itself Sumitomo Riko Co.
Marchionne Touts Fiat-Chrysler Turnaround to Investors
6/19/2014CEO Sergio Marchionne is touting Chrysler's post-bankruptcy revival to would-be investors as the merged Fiat Chrysler Automobiles NV prepares to begin trading on the New York Stock Exchange in October. "We were the poor kids, Cinderella at the ball," Marchionne tells Bloomberg New.
Ford to Provide Free Traffic Reports for Five Years
6/19/2014Ford Motor Co. will offer a free five-year subscription to SiriusXM's in-car traffic and travel services in all 2015 Ford-brand models equipped with a navigation system.
Meritor Cleared to Pursue $2 Billion Claim Against Eaton
6/19/2014A federal judge in Delaware has approved a plan by Meritor Inc. to submit expert testimony that could push the company's antitrust claim against Eaton Corp. to more than $2 billion, Bloomberg News reports.
SAIC to Hike Efforts to Promote Its Brands
6/19/2014SAIC Motor Corp.'s new Chairman Chen Hong tells shareholders the company will take unspecified steps to bolster demand in China for its domestic MG and Roewe brands.