Industry

Fiat Chrysler Automobiles CEO Sergio Marchionne has finally confirmed what we’ve already known for some time—that Alfa Romeo’s brilliant Giorgio platform found in the Giulia and Stelvio will be used by fellow FCA brands Dodge, Jeep and Maserati. Marchionne made the confirmation...

Effective March 1, BMW North America will have a new CEO. Bernhard Kuhnt will take over the position from Ludwig Willisch, who stays on as Head of BMW Group Region Americas. Willisch took on the North American CEO role in late 2011. Kuhnt had previously spent nine years in sales management in the...

Tata, the maker of the world’s cheapest car and owner of the Jaguar and Land Rover brands, on Thursday said it plans to introduce a new sub-brand for its namesake Tata brand. The new sub-brand will be called Tamo, and unlike traditional car brands Tamo will focus on both standalone vehicles...

Uber has made little secret of its desire to launch self-driving taxi fleets all over the globe. Uber is currently spending up big to develop the technology but it won’t limit its popular ride-sharing network to its own self-driving cars only. Instead, Uber will allow other firms including...

Volkswagen on Wednesday announced it reached proposed agreements to resolve outstanding civil claims in the United States from owners of approximately 78,000 vehicles fitted with 3.0-liter diesel engines found to be equipped with the “defeat device” software at the heart of the...

The last time McLaren and BMW collaborated on an engine, the result was the world-beating McLaren F1. Now the two firms are joining forces again to develop next-generation engine technology. Working with a number of other firms including current McLaren engine supplier Ricardo, as well as metals...

General Motors and Honda on Tuesday announced plans to produce a next-generation hydrogen fuel cell system together starting around 2020. The two automakers are making equal investments totaling $85 million in the joint venture, labeled Fuel Cell System Manufacturing, and will use the resulting...

Production of the Saab 9-3 sedan will restart for the second time, only this time around the cars will be sold under the NEVS brand, feature electric powertrains and be produced in China. NEVS, which bought the assets of Saab following the Swedish firm’s bankruptcy in late 2011, and briefly...

The Volkswagen Group has overtaken Toyota to become the world's biggest automaker by volume, with its sales for 2016 coming at 10.31 million vehicles. That compares to Toyota’s tally of 10.175 million over the same period. It’s the first time VW has been at the top of the sales ranks...

Fiat heir Lapo Elkann, brother to Fiat Chrysler Automobiles [NYSE:FCAU] Chairman John Elkann, was arrested in November in New York City on charges of filing a false kidnapping report. The office of Manhattan District Attorney Cyrus Vance on Wednesday said the charges were dropped but added no...

On only his second business day since moving into the White House, President Donald Trump met for breakfast with the CEOs from each of Detroit's three automakers—Ford, Fiat Chrysler, and General Motors. During the meeting, he outlined two basic desires that could be backed by corporate...

Automotive News (subscription required) has confirmed that BMW chief designer Karim Habib is quitting the company. It is not known where Habib will end up. Habib, 46, has been the chief designer for the BMW brand since 2012. He started at BMW in 1998 and worked there since, with the exception of a...

Electric cars have moved from the fringes of the new car market to the mainstream, thanks mostly to the efforts of Tesla [NSDQ:TSLA] but also the ease and low cost at which owners can “refuel” their cars. Coming as no surprise, it’s the exact opposite for hydrogen fuel cell cars...

Zenos burst onto the scene in 2013 as a more modern rival to track car specialist Caterham. However, the company on Wednesday confirmed it has entered administration, a process similar to bankruptcy protection, due to a number of canceled orders for its sole product, the E10 track car. “It is...

Hyundai and its sister company Kia are the latest to commit to increasing investment in vehicle manufacturing in the United States in the wake of threats from President-elect Donald Trump of new tariffs on vehicles and components imported into the country. The Korean automakers on Tuesday confirmed...

UPDATE: FCA CEO Sergio Marchionne spoke to CNBC regarding this issue later in the day. This story is updated to include his comments. The Environmental Protection Agency has accused Fiat Chrysler Automobiles [NYSE:FCAU] of failing to disclose engine management software for 2014-2016 Ram 1500s and...

On the same day that Volkswagen agreed to plead guilty to three felony counts and pay fines totaling $4.3 billion to the Justice Department and Customs and Border Protection regarding criminal misconduct linked with the diesel scandal, the Justice Department confirmed that six executives have been...

The Volkswagen Group has reached agreement on another part of its diesel emissions scandal in the United States, at least as far as regulators are concerned. Having already settled with EPA officials and its customers regarding its 2.0-liter and 3.0-liter diesel engines—which in 2015 were...

Fiat Chrysler Automobiles [NYSE:FCAU] used the 2017 Detroit auto show to make some major product announcements concerning its Jeep brand. First and foremost, FCA confirmed that plans for separate Jeep Wagoneer and Grand Wagoneer full-size SUVs remained on track. These will be range-topping models...

Volkswagen may be nearing a settlement over its criminal and civil investigations with the U.S. Department of Justice for $3 billion, Reuters reported. The agreement hasn't yet been finalized but could be announced as early as next week, according to the report. A spokesman for Volkswagen declined...