FCA CEO Sergio Marchionne is preparing to unveil a sweeping transformation of production in Italy that will see the automaker stop building the Fiat Punto and Alfa Romeo MiTo small cars in favor of Maserati and Jeep models, Bloomberg reported.
A magnesium plant fire is the kind of black swan event that's unavoidable in an era when auto parts often are delivered just hours before they're needed on the assembly line, but prior disasters have taught automakers valuable lessons.
Ford could resume production of F-150 pickups on May 18 at factories in Michigan and Kansas City, after a fire at a supplier plant disrupted the availability of key parts, Reuters reported, citing a source familiar with the automaker's plans.
Tesla's goal of accelerating the switch to electric cars is catching up with it as European automakers begin to roll out full-electric models. Audi, Mercedes and Jaguar have decades of automaking experience and the ability to absorb development costs.
While auto workers in Germany and South Korea fight to save their jobs, one of China's youngest auto brands is gearing up to build SUVs at a new factory with digitally-connected robots and a fresh workforce of 1,800 people.
Opel CEO Michael Lohscheller reaffirmed that the automaker's new owner, PSA, wants to invest in Germany and keep open factories if it can reach an agreement with workers to improve their competitiveness.
VW may face a damages claim for billions of euros from Prevent Group after the automaker canceled its contracts with the supplier following a dispute that forced VW to halt production at six German factories.