Recent Stories
Canada
Vietnam's VinFast taps Magna Steyr, other suppliers to become a global player
Vietnam's first domestic automaker, VinFast, is leveraging Pininfarina's Italian design along with German and Austrian engineering and manufacturing expertise, including Magna's, for its first two production vehicles.
Canada
New Ferrari CEO will be former tobacco executive
Ferrari's new CEO will be Louis Carey Camilleri, a former chairman of tobacco company Philip Morris International. He succeeds seriously ill Sergio Marchionne.
Canada
Mike Manley, head of Jeep and Ram, replaces ailing Marchionne as FCA CEO
Fiat Chrysler Automobiles on Saturday appointed Mike Manley to replace the seriously ill Sergio Marchionne as its CEO. Manley, 54, a native of England, has headed Jeep since 2009 and the Ram brand since 2015.
Canada
Marchionne to permanently exit Fiat Chrysler, Ferrari amid health crisis, reports say
Directors of Fiat Chrysler will meet Saturday to discuss succession plans for CEO Sergio Marchionne, who is on medical leave, a person with knowledge of the matter told Automotive News Europe.
Canada
Convalescing Marchionne likely to miss FCA Q2 earnings call, report says
Fiat Chrysler Automobiles CEO Sergio Marchionne likely will miss the automaker's planned July 25 announcement of its second-quarter earnings as he recovers from recent surgery, according to an Italian media report.
Cars & Concepts
Magna Steyr will build BMW, Toyota sports cars
Contract manufacturer Magna Steyr, a division of Canada's Magna International, will build two new sports cars jointly developed by BMW and Toyota, industry sources said.
Cars & Concepts
Lamborghini bets on power with Urus SUV
Lamborghini says its new Urus SUV will stand out from rivals because of its high performance. The 650-hp Urus outpowers the 608-hp Bentley Bentayga and the 629-hp Mercedes-Benz G 65 AMG.
Canada
Jaguar will build I-Pace electric SUV with Magna Steyr, CEO says
Jaguar will build its forthcoming I-Pace full-electric crossover with contract manufacturer Magna Steyr in Austria, Jaguar Land Rover CEO Ralf Speth told Automotive News Europe. The British automaker previewed its first electric vehicle at the Los Angeles auto show this week. Sales of the I-Pace will begin in 2018.