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The state of Michigan will offer Denso International America a $950,000 grant as the Toyota-affiliated supplier expands its North American headquarters in suburban Detroit.
Ferrari, looking to boost scale and profits, is considering adding a roomy four-seat "utility vehicle" as part of a major push beyond its traditional supercar niche.
Dealership buy-sells went global last week. Group 1 Automotive bought a dozen dealerships outside of London and a Dutch group investing in Houston's indiGO Auto.
PSA CEO Carlos Tavares reassured shareholders over the acquisition of Opel from GM, saying that the purchase will vault the automaker "far ahead" of its French rival Renault.
Delphi's move to spin off its profitable powertrain operations is not about improving its financial sheets - it's about suiting up for the autonomous, connected future.
Subaru dealers continue to set sales records in the U.S., but they are not keeping up in their service departments, the brand's U.S. president says.
Continental will invest an additional $326 million in electric-car technology as its customers including VW Group and Ford raise their investment in electric and ultimately self-driving vehicles.
With 2016 revenues of about $7.9 billion, Gestamp is on a global expansion push. CEO Francisco Riberas expects the company to grow as automakers outsource more metal-stamping work to suppliers.
China's Geely Automobile posted its biggest profit growth in eight years in 2016, as improved product design and engineering following its 2010 purchase of Volvo helped to propel it to record sales.
Georgia has tapped a vein of small to midsize privately owned German parts companies that are ready to build their first American factory.
PSA Group CEO Carlos Tavares laid out his vision for Opel that includes expanding the German brand outside its European home market.
Lithia Motors Inc. is in talks with Fiat Chrysler Automobiles to win a chance to open new stores as the automaker expands its dealership network.
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