Valeo first-half profit rises 23% on intuitive driving, low-emissions tech

Valeo reported a 23 percent rise in first-half profit as its intuitive driving and fuel-saving technology outpaced broader automotive industry growth in key markets

FCA earmarks $1.5 billion to build Ram 1500 pickups at Chrysler 200 plant

Fiat Chrysler will invest $1.48 billion to convert its Sterling Heights Assembly plant in suburban Detroit from unibody to body-on-frame construction to build the next-generation Ram 1500 pickup. The automaker today confirmed that the plant will end production of the slow-selling Chrysler 200 sedan in December to begin the conversion.

Porsche will create 1,400 jobs for Tesla-fighting sports car

Porsche has raised the number of jobs it will create to produce its first all-electric car to more than 1,400 from 1,000.

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