CK Holdings Co. Acquires Magneti Marelli From FCA
The combined entity creates the world’s seventh largest global independent automotive supplier, based on total revenues, and will operate out of 170 facilities and R&D centers across Europe, Japan, the Americas and Asia Pacific.
Vari-Form Has Been Acquired By FCA
Angle Advisors acted as the exclusive investment banking adviser to Vari-Form in completing this transaction.
FCA And GAC Strengthen China Joint Venture
GAC FCA and GAC FCA Sales Company will be operated jointly as a single overall joint venture led by executives from both shareholder companies. In addition, the corporate functions of the two companies will be consolidated.
Consumers Zeroing In On Exactly How They Want To Use An Electric Car, New Survey from MINI USA Finds
Consumers desire more education to get the most out of electric mobility options.
AASA, MEMA Call For Nevada Legislature To Oppose Law That Discourages Use Of Aftermarket Parts
The bill, A.B. 173, would prohibit an insurer from requiring the use of quality aftermarket parts for repairing a vehicle and discourages the use of aftermarket replacement parts for motor vehicles. In a letter addressed to Chairwoman Ellen Speigel, MEMA pressed the committee to oppose passage of the legislation in order to “preserve consumers’ choice in recognition of the high-quality, cost-effective options for motor vehicles.”
FCA To Expand Production Capacity In Michigan, Plans To Electrify Jeep Vehicles
The automaker is investing $4.5 billion to build a new assembly plant in Detroit and add production at five existing Michigan facilities, creating nearly 6,500 jobs.
Dodge//SRT, Mopar Add NHRA National Event Title Sponsorships At Houston, Las Vegas Races
Brands partner with Pennzoil to double NHRA sponsorship reach to four events in 2019.
Waymo To Build Autonomous Cars In Michigan
According to media reports, the plan could bring as many as 400 jobs to the region, with 100 positions to start.
FCA Announces Leadership Changes
These new appointments are in addition to roughly a dozen other leadership changes made in October.
US-Mexico-Canada Trade Deal Signed In Buenos Aires
“This is a model agreement that changes the trade landscape forever, and this is an agreement that first and foremost benefits working people, something of great importance to all three of us here today,” the President said.
