Luca Ciferri

Toyota's St Petersburg plant, which builds the Camry and RAV4, has not been producing cars since March following Russia's invasion of Ukraine.

Ferrari's Purosangue offers buyers a four-door "sports car," executives say, but production will be capped to preserve the brand's exclusivity. Deliveries start in Europe in the second quarter of 2023.

Pre-orders soared after the announcement this year that the $395,000 Purosangue would have V-12 power. Production is expected to be capped at about 3,000 units annually.

BMW and Mini are studying a plan to ditch franchised dealer retailing in Europe, letting retailers deliver and service vehicles sold by the factory.

The convertible version of the Maserati MC20 supercar has a top that can retract in 12 seconds, and glass roof that can change from clear to opaque.

The factory in Kaluga builds vans for Citroen, Opel and Peugeot. Stellantis' partner in the plant, Mitsubishi, has also stopped output there.

CEO Jean-Philippe Imparato said the new model for Stellantis' sporty brand would appear by 2027. It would be a rival to the BMW X5 and target buyers in China, the U.S. and Europe.

A small Italian die cast specialist is showing EV makers how to slash their factory costs.

The next-generation BMW 7 Series will be revealed in April in Beijing. Sales will start late this year, with full-electric, gasoline, diesel and plug-in hybrid variants available on the same platform.

Stellantis CEO Carlos Tavares says the 1-year-old automaker's ability to embrace change has allowed it to make sweeping changes at the speed of a startup. The initial results have been impressive.

Russia's invasion of Ukraine has caused automakers to pause production and cut shipments of vehicles.

David Slump succeeds Beda Bolzenius at the helm of the Japan-based lighting and sensor maker. Marelli is wholly owned by KKR, which is targeting a position among the top global suppliers.

Automakers are crying for more microchips and chipmakers are addressing the problem. But can it happen quickly enough to solve the problem in 2022?

The automaker wants to transition a network estimated to exceed 15,000 franchise points to a so-called "retailer model." The move gives Stellantis more control over how its vehicles are sold.

The 2-million-euro ($2.26 million) two-seat targa's production run is up from a combined 499 units for its two siblings, the Monza SP1 and SP2.