DETROIT --andnbsp;Fiat-Chrysler CEO Sergio Marchionne has issued a written apology to an Italian-American anti-bias organization for saying at the Detroit auto show that an Alfa Romeo needed a "wop" engine. Marchionne, an Italian-born Canadian citizen, issued the apology this month to the Italian

DETROIT (Reuters) -- A boutique automaker led by former General Motors executive Bob Lutz and China's largest auto parts supplier submitted an offer to buy cash-strapped automaker Fisker Automotive, people familiar with the matter told Reuters. VL Automotive and China's Wanxiang Group made an offer

WASHINGTON -- Volkswagen plans to refit more than a quarter million 2009-12 diesel cars to prevent North American customers from mistakenly pumping gasoline into the fuel tanks. The service action covers 209,500 cars in the United States and 51,600 in Canada. Affected models are the TDI versions of

DEL MAR, Calif. -- Kia's first-ever offer of free scheduled maintenance, on the new 2014 Cadenza, shouldn't affect dealership sales of extended-service contracts, the carmaker says. "Overall, the feedback from the dealers has been very positive," said Tom Loveless, executive vice president of sales

WASHINGTON -- Two executives at Toyota-affiliated supplier Denso Corp. have agreed to plead guilty to conspiring to fix prices and have agreed to cooperate with a major ongoing criminal investigation of the automotive supply chain, the U.S. Justice Department said. The executives, Yuji Suzuki and

WASHINGTON -- Volkswagen plans to refit more than a quarter million 2009-12 diesel cars to prevent North American customers from mistakenly pumping gasoline into the fuel tanks. The service action covers 209,500 cars in the United States and 51,600 in Canada. Affected models are the TDI versions of

FOSHAN, China -- Italian supplier Magneti Marelli has opened a plant in the southern China city of Foshan to produce rear lights, headlamps and other lighting components. The supplier, which also has a lighting factory in Wuhu plus an randd center in Shanghai, aims to secure a 10 percent share of

SEOUL (Bloomberg) -- South Korea has become a growth market for BMW, Mercedes-Benz and Audi as lower tariffs make their cars cheaper and local buyers abandon a decades-long preference for domestic brands. Foreign brands have seen their share of South Korea's market for premium vehicles surge to 41

DETROIT (Reuters) -- Tesla Motors Inc. may repay its U.S. Department of Energy loan as early as Wednesday, CEO Elon Musk said in a message on Twitter on Monday. Musk, a billionaire who owns 27.5 percent of Tesla, added that the company would move another announcement about its charging station ...

Experian has named John Gray president of its automotive business unit, effective immediately, with responsibility for the strategic direction, leadership and overall growth of the business. Gray, 56, joined the company in 2006 as vice president of sales and client services. He was promoted to ...

AutoNation Inc.'s lead-referral subsidiary today unveiled an online service that lets consumers search dealership Web sites for new and used vehicles based on monthly payments. When a consumer chooses the desired payment a sales lead is sent to the dealership. The service, Shop-By-Payment, is ...

DETROIT (Reuters) -- A boutique automaker led by former General Motors executive Bob Lutz and China's largest auto parts supplier submitted an offer of $20 million to buy cash-strapped automaker Fisker Automotive, people familiar with the matter told Reuters today. VL Automotive and China's ...

The National Automobile Dealers Association and several automakers are reaching out with assistance to dealers and victims affected by Monday's tornado in Oklahoma. Auto dealers affected by the tornado near Oklahoma City can go to the National Automobile Dealers Charitable Foundation for help. ...

Michael Stanton, a longtime lobbyist and a driving force for automakers in public policy, will retire as president and CEO of the Association of Global Automakers in early 2014. Stanton, 68, has represented automakers in Washington and state capitals across the country for more than 35 years, ...

Gentex Corp., a maker of rearview mirrors and electronics parts, said its CFO and vice president of finance has left the company but will remain a consultant with the supplier. Steve Dykman, 47, had been vice president of finance since 2006 and CFO since 2007. He had been with Gentex for nearly 20

For lenders, the average loss for bad auto loans rose in the first quarter, reflecting factors that directly affect dealerships: easier credit and softer used-vehicle prices. "The increase in charge-offs definitely ties to the shift in wholesale values. But it's also because the average amount ...

TORONTO (Bloomberg) -- Ford Motor Co., Canada's top-selling automaker, is confident it can preserve its manufacturing profile in the nation despite unfavorable operating costs tied to the high Canadian dollar, the company's lead executive for the country said. "We are optimistic despite the ...

Major automakers and auto dealers told a Senate panel Tuesday that they remain opposed to legislation that would prohibit rental car companies from renting or selling vehicles that are subject to a federal safety recall. Representatives from the National Automobile Dealers Association and the ...

Car dealers were recovering from damage and organizing aid to survivors today after a two-mile-wide tornado ravaged an Oklahoma City suburb, but there were no reports of the massive twister directly hitting dealerships. The tornado -- which devastated suburban Moore on Monday afternoon -- caused at

FRANKFURT (Reuters) -- German supplier Schaeffler has confirmed its annual forecast for revenue growth of about four percent and an operating profit margin of approximately 13 percent, despite a decline in first-quarter results. "Although we are not anticipating a quick recovery of the European ...

CAPE TOWN (Reuters) -- A two-day strike at Mercedes-Benz's East London car plant in South Africa ended today following crisis talks between management and a workers union. Local media reports said the strike began at the plant, which produces the C-class model, on Friday, after the company decided