| UPDATED: 3/21/17 11:12 am ET - corrected

Chassix plans $50 million expansion in Czech Republic

U.S. auto supplier Chassix said it plans to invest $50 million to expand its operations to the Czech Republic in 2018.

Daimler will open Russia plant in 2019

Daimler will establish its first factory in Russia to build SUVs and the E-class sedan. The factory, located northwest of Moscow, will open in 2019, the automaker said.

Ford's big Russia gamble pays off as sales finally rise

Ford has become the first major foreign automaker in Russia to see sales grow after three bad years, potentially vindicating its decision to double

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