Ferrari listing to value group at least 10 billion euros - CEO

TURIN - The listing of Ferrari may value the sports car unit at least 10 billion euros (7 billion pounds), Fiat Chrysler's (FCA) Chief Executive Sergio Marchionne said on Friday.


Fiat Chrysler CEO says no news on approach to GM but consolidation good 03 Jul 2015

TURIN - Consolidation continues to be necessary in the auto industry but there is nothing new to report on Fiat Chrysler's desire for a tie-up with General Motors , FCA CEO Sergio Marchionne said on Friday.


Roll over Volvo, classic Americana rolls into Sweden 03 Jul 2015

VASTERAS, Sweden - Thousands of classic American cars fromĀ Mustangs to Corvettes and Cadillacs have rolled into a lakeside town in Sweden for three days of bumper-to-bumper cruising, rockabilly nostalgia and some serious beer drinking.


Top U.S. regulator expects action on Fiat Chrysler over recalls 02 Jul 2015

WASHINGTON - The top U.S. auto safety regulator said on Thursday he will move quickly to take action in response to Fiat Chrysler Automobiles NV's mishandling of recalls involving up to 11 million vehicles.

Strong truck, SUV demand helped Ford, GM raise prices in June 02 Jul 2015

(This August 1 story corrests Kia Motors U.S. sales to up 6.9 percent, not 3.6 percent in last paragraph))


Jaguar Land Rover signs partnership to build cars in Austria 02 Jul 2015

LONDON - Luxury carmaker Jaguar Land Rover [TAMOJL.UL] has signed a contract to build some vehicles in Austria, it said on Thursday, a further expansion away from its UK manufacturing base.

Italy car sales rise 14.4 percent in June - transport ministry 01 Jul 2015

MILAN a - New car sales in Italy, Europe's fourth-largest car market, rose 14.4 percent in June from the same month a year ago to 146,682 vehicles, Italy's transport ministry said on Wednesday.


Fiat Chrysler unveils $280 million investment in Indian Jeep production 01 Jul 2015

PARIS - Fiat Chrysler will invest $280 million (178.93 million pounds) to begin Jeep production in India through an expanded joint venture with Tata Motors , the carmaker said on Wednesday.

Porsche labour boss joins Volkswagen supervisory board 01 Jul 2015

BERLIN - Porsche's labour boss, who once fought a merger with Volkswagen , is joining the parent company's supervisory board as a reshuffle of positions at Europe's largest automaker continues.

New VW brand boss faces challenge of taming Wolfsburg's high costs 30 Jun 2015

BERLIN/FRANKFURT - When Herbert Diess takes over on Wednesday as head of Volkswagen's namesake car brand, he will inherit one of the group's biggest problems: how to slash costs at the sprawling Wolfsburg complex.