Auto News 5

Fiat Chrysler CEO Sergio Marchionne shed some sunlight on the automaker's aggressive plans to revamp its North American production footprint over the next 18 months to make more Jeep SUVs and Ram pickups and fewer cars.

Activist investor TCI Fund Management slammed VW for excessive executive pay in light of poor stock performance and bloated costs that hurt earnings even before the diesel-emissions scandal in 2015 that caused the company's biggest-ever loss.

Volvo aims to raise 500 million euros ($571 million) by issuing the first corporate bond in its 89-year history, the carmaker said on Friday.

In light of the announcement this week that Google and Fiat Chrysler are teaming up to build 100 autonomous Chrysler Pacifica hybrid minivans, can we take a moment to reconsider the whole rush to autonomous driving in general?

Team Detroit, the Dearborn, Mich., firm that handles Ford Motor Co.'s advertising, has a new name: GTB.

Fiat Chrysler CEO Sergio Marchionne said his company's agreement with Google to put the technology giant's autonomous driving system in 100 Chrysler Pacifica minivans is a 'first phase' of their relationship.

Drivetrain supplier American Axle and Manufacturing Holdings posted $61.1 million in net income in the first quarter, a 15 percent gain year-over-year.

Electric vehicle face especially acute infrastructure challenges in China because few EV drivers can plug in at home. Instead, what is springing up is a marketplace for app-driven charging stations run by ambitious startup companies.

AutoCanada's first-quarter net surged 46 percent to $7.3 million Canadian ($5.6 million U.S.) as revenue rose 5.3 percent to C$666.9 million, due largely to dealership acquisitions over the past year.

News 6 May, 2016

We head to the Austrian Alps to see some fantastic modified VW Group products at the 2016 Worthersee show

April was another strong month for US light vehicle sales, although analysts have noted signs that the potential for further growth is limited.

News 9 May, 2016

New kit and subtle visual updates add to Citroen C4 Picasso's appeal, with UK launch in September

Western European car registrations rose 8 percent in April as Germany, France, the UK, Italy and Spain all saw a rise in sales last month, although momentum is slowing, according to data from a leading industry group.

Honda, in its quest for manufacturing efficiency, has turned the traditional assembly line model on its head.

Skoda said its new large SUV will be called the Kodiaq after a bear that lives on an island off Alaska. The seven-seat SUV will be a rival to the Nissan X-Trail and Hyundai Santa Fe.

Magna has posted first quarter sales up 15% to US$8.9bn, with net income from continuing operations attributable to Magna International, increasing 8% to US$492m.

Opinion 8 May, 2016

Stuffy motoring execs and jealously guarded secrets aren't the order of the day at SsangYong, as Mike Rutherford's been finding out

News that Geely-owned Volvo Cars had made first quarter earnings gains thanks to strong sales of its recently launched, and high margin, XC90 luxury SUV drew a lot of just-auto reader eyeballs this week. Thus proving my long-held theory that new product, and lots of it, usually leads to profits. Volvo has continued the new model roll with the S90/V90 and there's more to come - I'm off to Sweden next week to learn more about the products we can expect on the new CMA architecture co-developed with Geely.

Mann + Hummel has finalised its acquisition of Affinia's global filtration operations, which manufacture the Wix and Filtron brand of filters.