Key Safety CEO resigns as final Takata deal looms
Key Safety Systems CEO Jason Luo is resigning as the supplier inches closer to finalizing a $1.59 billion deal to acquire the embattled Japanese airbag supplier Takata Corp.
Mexico, Canada dismiss Trump threats to scrap NAFTA trade pact
Mexico and Canada dismissed U.S. President Donald Trump's latest threat to scrap NAFTA, describing it as a negotiating tactic.
Fiat Chrysler considers Maserati, Alfa spinoffs to boost value, report says
Fiat Chrysler is considering spinning off Maserati and Alfa Romeo as well as its components operations as it seeks to focus on mass-market cars to make FCA more attractive for a potential combination, Bloomberg reported.
Asbury CEO Monaghan will retire; COO Hult moves up
Asbury Automotive CEO Craig Monaghan will step down Jan. 1 after nine years leading the public dealership group. COO David Hult will replace him.
Michigan lawmakers must turn over correspondence to Tesla, judge rules
A federal magistrate ordered two Michigan lawmakers to hand over correspondence to Tesla regarding the state's law prohibiting direct-to-consumer sales as the company fights for the right to sell and repair its vehicles in the state.
Ford to set up JV in China to make all-electric vehicles
Ford is preparing to set up a joint venture with Chinese automaker Anhui Zotye Automobile to manufacture all-electric vehicles for that market.
VW focused on future mobility, not selling assets
VW Group is more focused on a shift toward electric vehicles and future transport services than any potential sale of motorcycle brand Ducati or transmissions maker Renk, said Thomas Sedran, VW's head of strategy.
OBITUARY: Fred Shaw
Longtime dealer Fred Shaw died Aug. 14. He was 91.
Model T rat rod gets Simcoe revved up
General Motors design chief Mike Simcoe last week took a fancy to veteran GM sculptor Todd Storrs' 1929 Ford Model T rat rod.
IHS: Look now to find a niche for the future
The rise of electric and autonomous vehicles plays into the hands of major global technology suppliers. But new growth segments are still beckoning smaller companies.
Hyundai Motor Group faces government calls to address 'big governance risk'
South Korea's new antitrust chief has held talks with the autos-to-steel conglomerate Hyundai Motor Group about overhauling its complex ownership structure, which critics say gives too much power to its controlling family at the expense of shareholders.
VW's retro bus to take dealers on a commercial trip
VW will use the I.D. Buzz to help put its U.S. dealers in the commercial vehicle business -- a segment where the company has global aspirations.
Prototype 9: Where history meets fantasy
With the Prototype 9, Infiniti imagines a 1940s racing heritage for a brand that did not debut until 1989.
Abolish NAFTA? Some Mexicans agree
President Donald Trump's narrative of Mexico as the big winner under NAFTA — so big that the U.S. needs to tilt the accord back toward American interests — is news to most Mexicans.
Can U.S. follow through on tough NAFTA talk?
To deliver on its promises, the administration will need the cooperation of the U.S. business community and key members of Congress. Both groups sought to distance themselves from the president last week.
U.S. prosecutors recommend 3 years in prison for VW engineer Liang
Federal prosecutors recommended a three-year prison sentence for Volkswagen engineer James Liang for his role in widespread diesel emissions violations that have cost the German automaker as much as $25 billion.
Mercedes-Maybach goes green with Vision 6 Cabriolet
Mercedes-Benz is giving its ultraluxe Mercedes-Maybach lineup some green cred with the Vision 6 Cabriolet powered by an electric motor with output of 750 hp and a range of more than 200 miles.