NEWS

Marella Agnelli, Widow of Fiat Leader, Dies at 91

2/25/2019

Marella Agnelli, the wife of former Fiat Chairman Gianni Agnelli, died on Saturday in Turin, Italy, at the age of 91.

VW Partners with Trustonic on Digital Key Tech

2/25/2019

Volkswagen AG is partnering with U.K.-based Trustonic Ltd. on a digital key technology that allows users to unlock/lock and start their vehicle via a smartphone app without having a physical key.

Report: EU May Delay Brexit until 2021

2/25/2019

The European Union’s top officials are developing a plan that would give the U.K. another 21 months to finalize its plan to leave the EU, sources tell The Guardian.

Europe Targets Five Carmakers in Antitrust Probe

2/25/2019

The European Commission is investigating possible collusion on auto parts pricing by Fiat Chrysler Automobiles, Jaguar Land Rover, Nissan, PSA and Renault, Der Spiegel reports.

Trump Extends Deadline on China Tariffs

2/25/2019

President Donald Trump says he will delay a threat to impose higher tariffs on imported Chinese goods on March 1, citing “substantial” progress in last week’s trade talks between the two countries.

FCA Sets $14 Million Compensation for CEO Manley

2/25/2019

Fiat Chrysler Automobiles NV has created a $14 million annual compensation package for Mike Manley, who took over as CEO last July.

Tesla Begins Model 3 Deliveries in China

2/22/2019

Tesla Inc. began delivering its first boatload of Model 3 electric sedans to customers in China earlier today.

Volkswagen’s Sales, Operating Profits Stall

2/22/2019

Volkswagen AG reports that its revenue in 2018 rose 3% to €236 billion ($267 billion) as unit sales grew 1% to a record 10.8 million vehicles.

GM Extends Production at Detroit Plant through January

2/22/2019

General Motors Co. says it will continue making the Cadillac CT6 and Chevrolet Impala large sedans at its Hamtramck, Mich., assembly plant through next January—about six months later than previously planned.

Kia Readies Sporty EV

2/22/2019

Kia Motors Corp. will take the wraps off a performance-oriented concept electric vehicle at next month’s Geneva auto show.