DETROIT - Fiat Chrysler Automobiles Chief Executive Sergio Marchionne made salary and stock awards worth $307,989 last year for heading Chrysler Group LLC, according to a filing with U.S. regulators by the American automaker on Friday.
DETROIT - General Motors Co needs to get through its ignition-switch recall and the resulting federal investigation quickly to avoid any lasting damage to its brand, but the federal probe could keep the problem in the public eye for at least six months.
LONDON - British engineering company Rolls-Royce said on Friday it would fund the purchase of German carmaker Daimler's 50 percent stake of a jointly owned power systems company using cash and some borrowing.
BERLIN - German luxury carmaker Audi said it increased sales by 6.8 percent in February to 117,500 cars and sport-utility vehicles on growing demand from Europe, China and Brazil.
DETROIT - Ford Motor Co Chief Executive Alan Mulally was awarded performance bonuses for 2013 worth $13.8 million, the No. 2 U.S. automaker disclosed to U.S. regulators on Thursday.
FRANKFURT - Auto parts supplier Faurecia and German premium carmakers Daimler and BMW said they have seen no signs of delivery bottlenecks for catalytic converters in the wake of a strike at the world's top platinum mines.
FRANKFURT - Daimler said its Mercedes-Benz luxury brand deliveries reached a record 104,968 cars in February, boosted by a 74-percent sales rise in China, the world's largest car market, and a 27-percent increase in sales of its compact cars.
GEELONG, Australia - Behind closed doors at City Hall, Geelong's eccentric mayor sits searching for an analogy to put into perspective the punishing job losses battering his city.
DETROIT - General Motors Co ratcheted up discounts in February on its full-size pickups, but it is telling Wall Street analysts that it intends to maintain premium pricing and margins on the trucks despite a drop in volume and market share.
DETROIT - Poor sales of the compact Dodge Dart led to a week of layoffs for 325 workers at the Fiat Chrysler Automobiles plant in Belvidere, Illinois, a company spokeswoman said on Wednesday.