Fiat Chrysler confirms plan to spin off Magneti Marelli
Fiat Chrysler will spin off its Magneti Marelli parts business by the end of this year or early next year. The long expected move will help strengthen its capital position, the automaker said.
American Center for Mobility opening in Michigan touted as crucial for autonomous future
The American Center for Mobility, a crucial test ground in Michigan for autonomous vehicle technology, held its formal grand opening amid questions about the future safety of self-driving vehicles.
Tariffs may end Chinese car imports before they really start
A small-but-growing number of Chinese-assembled cars making their way to the United States could be under threat as the Trump administration looks to slap a 25 percent duty on imported goods.
Daimler will discuss China cooperation with Geely's Li Shufu
Daimler is willing to discuss possible cooperation in China with Geely Chairman Li Shufu, who took a nearly 10 percent share in the German automaker in February, CEO Dieter Zetsche said.
U.S.-China trade war could hurt German automakers more than Detroit
China’s threat to retaliate against United States tariffs by imposing an additional 25 percent fee on American car imports would have a bigger impact on Germany’s Daimler and BMW than on Detroit, according to analysts.