Fiat Chrysler Automobiles will meet its 2014 targets even though the Brazilian car market is set to remain difficult and Europe is showing no sign of improvement, CEO Sergio Marchionne said.
VW Group May sales up 6% on Europe rebound, China demand
Volkswagen Group deliveries rose 6 percent to 864,600 vehicles last month as rebounding demand in Europe and strong sales in China helped offset declines in the United States and South America.
GM employees under probe for defective ignition switch
U.S. prosecutors are interviewing present and former General Motors Co employees as part of the criminal probe into the automaker’s ignition-switch problem that has been linked to at least 13 deaths, two sources said.
Pristine Volvo P1800ES sells for record price at Bonhams auction
Bonhams Auctioneers has sold a 1973 Volvo P1800ES Sport Wagon for the record sum of $92,400.
BMW and Tesla executives meet to discuss electric cars
By Edward Taylor
Executives from German carmaker BMW and U.S.-based Tesla met this week in a move which could lead to the creation of charging stations usable for different types of electric cars.
