United Kingdom


Ferrari picks Louis Camilleri as CEO, Elkann as chairman

MILAN Luxury sports carmaker Ferrari said on Saturday it had appointed board member Louis Camilleri as its new chief executive, replacing Sergio Marchionne who is seriously ill. | Video


Fiat Chrysler names Jeep boss to replace stricken CEO Marchionne 21 Jul 2018

MILAN/PARIS Fiat Chrysler named on Saturday its Jeep division boss Mike Manley to take over immediately from Chief Executive Sergio Marchionne, who is seriously ill after suffering major complications following surgery.

Factbox - The executives replacing Marchionne at FCA, Ferrari, CNH 21 Jul 2018

MILAN Fiat Chrysler (FCA) said on Saturday that boss Sergio Marchionne, 66, would not be returning to work because he was gravely ill.


Fiat Chrysler to name Jeep's Manley to replace Marchionne as CEO - source 21 Jul 2018

MILAN Fiat Chrysler (FCA) has named Mike Manley, the head of the carmaker's profit engine Jeep, as its new chief executive, replacing Sergio Marchionne who had to step down after serious complications from surgery, a source close to the matter said.


Amazon, Toyota, Alcoa and others working to counter Trump's tariff plans 21 Jul 2018

SAN FRANCISCO/WASHINGTON Big companies in the United States from Amazon.com Inc to Toyota Motor Corp and Alcoa Corp are working to counter the effect of the Trump administration's trade policies and to head off new tariffs. | Video


Volkswagen to furlough 1,000 workers in Brazil as sales slow - union 20 Jul 2018

SAO PAULO Volkswagen AG will furlough about 1,000 workers at its largest factory in Brazil, union representatives said on Thursday, due to weaker economic growth and slumping exports to Argentina.


Fiat Chrysler kicks off Magneti Marelli spin-off 19 Jul 2018

MILAN Fiat Chrysler (FCA) has kicked off its planned spin-off of parts maker Magneti Marelli which will be registered in the Netherlands and listed on the Milan stock exchange, a document outlining initial plans and seen by Reuters showed.


Exclusive - Volvo shifts production to avoid tariffs, chases record sales 19 Jul 2018

PARIS/STOCKHOLM Volvo Cars is juggling production of its top-selling SUV to avoid U.S. import tariffs, Chief Executive Hakan Samuelsson told Reuters on Thursday, as the Swedish carmaker set its sights on a fifth straight year of record sales. | Video


U.S. tariffs could raise auto prices by $83 billion - trade group 19 Jul 2018

WASHINGTON A group representing major automakers will tell the U.S. Commerce Department on Thursday that imposing tariffs of 25 percent on imported cars and parts would raise the price of U.S. vehicles by $83 billion (63.47 billion pounds) annually and cost hundreds of thousands of jobs. | Video


VW CEO Diess pushes for margin improvements - Manager Magazin 19 Jul 2018

FRANKFURT Volkswagen Group's new chief executive Herbert Diess is pushing for faster margin improvements at its main Porsche, Audi and VW brands, German monthly Manager Magazin said.