Marchionne says FCA approached by several suitors for Magneti MarelliUPDATED: 8/26/16 2:46 pm ET - adds comments Fiat Chrysler Automobiles has been approached by several suitors for its components business Magneti Marelli, the carmaker's CEO said, without giving names or mentioning how many.
Takata shortlists Daicel, KKR, Ningbo, others in rescue search, report saysUPDATED: 8/26/16 7:58 am ET - adds detail Takata has shortlisted six or seven companies, including a competitor and private-equity funds, as potential financial investors to bail out the Japanese supplier, people involved in the process told Reuters.
VW labor boss suggests taking stakes in suppliersVolkswagen Group should consider taking stakes in key suppliers after two parts makers brought production at six of the automakers factories in Germany to a standstill by refusing to deliver components, VW's labor boss said.
Faurecia recasts interiors for self-driving cars
With self-driving cars expected on the road within three to five years, French supplier Faurecia is focusing on the cabin of future autonomous cars.
GM cleared in second lawsuit involving faulty ignition switchesUPDATED: 8/25/16 7:15 pm ET - adds details
A Texas jury on Thursday said a GM ignition switch was not to blame for a fatal 2011 crash, according to a statement from the company. The verdict in Harris County, Texas, is the second in favor of GM this year in a lawsuit over a recalled ignition switch that has been linked to nearly 400 injuries and deaths.
German prosecutors review stolen Bosch data for VW diesel scandal cluesProsecutors in Stuttgart, Germany, are examining stolen Bosch data to see whether it contains clues about how Volkswagen cheated diesel emissions tests.
UAW organizes Magna seating plant in TennesseeWorkers at Magna's new Spring Hill, Tenn., plant voted nearly unanimously to join the UAW, giving the union a key victory in a right-to-work state. The UAW said workers voted 192-1 to join the union. About 230 workers are employed at the 122,500-square-foot plant, which opened in 2015 and produces seats for the Cadillac XT5 and the GMC Acadia.
Hyundai Motor reaches tentative wage deal with unionHyundai Motor reached a tentative wage pact with its South Korean labor union, potentially avoiding more strikes and production losses at its biggest manufacturing base.
NSX returns to Japan as an American hybrid importUPDATED: 8/25/16 10:10 am ET - adds link The NSX sports car is making a long-awaited homecoming in Japan that underscores the global ambitions of a halo hybrid that must do double duty for the Acura and Honda brands.
Instrument cluster supplier to occupy part of former Jeep plant site in Toledo
Detroit Manufacturing Systems LLC broke ground on a 102,000-square-foot factory on the former Jeep plant site in Toledo that will produce instrument clusters for the next generation Jeep Wrangler.