Headlines for Saturday, May 17, 2014

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McLaren plans more models and higher margins

May 17, 2014 06:01 CET
McLaren turned a profit in 2013 and plans to remain in the black while adding models over the next three years. The carmaker aims to achieve margins closer to those of Ferrari or Porsche, CEO Mike Flewitt told Automotive News Europe.

Regulators put GM on short leash

12:01 am U.S. ET | May 17, 2014
U.S. regulators concluded a 2-month probe of GM with a broad condemnation of its ability and willingness to fix dangerous defects. Now GM's autonomy in evaluating safety matters will be restricted for at least the next year.

Chrysler makes 9-speeds at plant it once ditched

12:01 am U.S. ET | May 17, 2014
Chrysler Group began producing new fuel-saving transmissions last month at a 782,000-square-foot plant about an hour north of Indianapolis that it once abandoned.

Audi checks every link in Mexico supply chain

12:01 am U.S. ET | May 17, 2014
Audi is applying an unusual level of scrutiny to its supply base, even working directly with raw-material vendors, as it gears up to open the first European luxury auto assembly plant in Mexico.

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