Automakers

Fiat Chrysler prepares for Magneti Marelli spinoff

Fiat Chrysler has kicked off its planned spinoff of parts maker Magneti Marelli which will be registered in the Netherlands and listed on the Milan stock exchange, Reuters reported.

Tesla's battery maker suspends cobalt supplier amid sanctions concern

Panasonic said it was unable to determine how much of the cobalt used in batteries it makes for Tesla cars comes from Cuba, a country subject to U.S. sanctions.

UPDATED: 7/19/18 3:14 pm ET - new story
UPDATED: 7/19/18 11:38 am ET - adds details

Vietnam's Vinfast will unveil Italian-designed SUV and sedan

Vietnamese automaker Vinfast will use the Paris auto show to raise its global profile by unveiling two production-ready models, designed by Italy's Pininfarina.

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MORE OEM/SUPPLIER NEWS MANUFACTURING REGULATION/SAFETY
UPDATED: 7/19/18 4:40 am ET - adds CEO comments, details
Volvo expects record full-year sales despite trade tensions

Volvo said it was on track for a fifth consecutive year of record vehicle sales despite rising trade tensions after second-quarter operating profit rose 29 percent to 4.2 billion Swedish crowns ($474 million).

Aston Martin's 'sports car for the skies'

Aston Martin designed and engineered a futuristic personal aircraft it has dubbed "a sports car for the skies." The exotic automaker believes the three-seat, hybrid-electric concept, unfurled at England's Farnborough Airshow, could one day help to revolutionize travel.

Acura adds A-Spec package to MDX for 2019

Acura is making several updates and offering a new A-Spec trim package on the MDX crossover for 2019. The changes are fairly minor -- new interior trim wood, standard four-way power lumbar adjustments for the front seats and five new exterior colors. An active damper system is now offered as an option across the line.


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