Marchionne: FCA Open to Buyers—After This Year
3/6/2018Fiat Chrysler Automobiles NV is willing to talk with potential suitors after completing its five-year growth plan at the end of 2018, says CEO Sergio Marchionne.
Toyota Previews New Supra with Concept Race Car
3/6/2018Toyota Motor Corp. unveiled its GR Supra Racing Concept on Tuesday at the Geneva auto show.
Valvoline Touts Motor Oil Additive to Combat NVH in Turbo/Direct-Injection Engines
3/6/2018Valvoline Inc. says it has developed a new motor oil formulation that helps protect gasoline engines from low-speed pre-ignition (LSPI) issues that can affect turbocharged and gasoline-direct-injection engines.
Volvo XC40 Named European Car of the Year
3/6/2018The Volvo XC40 compact crossover vehicle has been named this year’s European Car of the Year by a panel of 60 automotive journalists from 23 countries.
Edward Mas Tapped to Lead Voxx Automotive
3/6/2018Voxx International Corp. has appointed Edward Mas to head the company’s Voxx Automotive unit in Orlando, Fla.
Aston Martin to Relaunch Lagonda Name as EV Brand
3/6/2018Aston Martin Lagonda Ltd. says it will re-launch its Lagonda nameplate as a sub-brand for top-end electric vehicles.
PSA Trims Opel’s Fixed Costs by 17%
3/6/2018PSA Group CEO Carlos Tavares tells investors the company has already cut the operating costs of its Opel unit by 17%. PSA finalized the purchase of Opel from General Motors Co. last August.
Some 2,500 Workers Accept GM Korea Buyouts
3/6/2018About 2,500 General Motors Co. employees in South Korea—15% of the company’s workforce there—have applied for buyouts ahead of a massive restructuring, Reuters reports.
U.S. Huddles with Carmakers on NAFTA Deal
3/6/2018U.S. trade negotiators are working with the auto industry to find a fair way to adjust NAFTA’s local content rules, Bloomberg News reports.
Yazaki’s Bo Andersson Expands Job Role
3/6/2018Yazaki Corp. has expanded the management role of industry veteran Bo Andersson, who it hired to head its European business last July, to include North and Central American operations.