Ghosn, Kelly, Nissan all indicted for under-reporting compensation

Fiat Chrysler CEO Mike Manley clearly learned many lessons from his predecessor, even some the late Sergio Marchionne never intended to teach him.

Continental is considering acquiring software makers after the flotation of its powertrain unit as it seeks to boost its expertise in the field, its Chief Financial Officer, Wolfgang Schaefer, said in a newspaper report.

Metal components supplier Tower International said it agreed to sell off its European division to French supplier Financiere SNOP Dunois in a deal valued at about $291 million. 

Next-generation cars will be a lot more sensitive to touch if an upstart Finnish company has its way. "Our vision is that any surface can be smart," said Juha Kokkonen, who is CEO of touch films specialist Canatu.

ZF will invest $911 million to adapt its transmission factory in Saarbruecken, Germany, to produce components for electrified drivetrains as the supplier expects the share of greener drivetrains to grow to 50 percent in the next 10 years from 5 percent now.

Chinese brands have failed to establish a major footprint in Western Europe with their vehicles. That may soon change as several companies prepare to enter the market with EVs.

Renault is aiming to reach the first conclusions of an internal probe in about a week into whether the pay packages of Carlos Ghosn and other top managers at the automaker were properly disclosed, Bloomberg reported.

Volvo’s lidar partner, Luminar, has seen a rapid increase in companies entering the sector. Lidar is a key technology for making autonomous cars safe.

Skoda is going upscale in Europe's compact car segment with the Scala hatchback, which will go on sale in the first half of next year.

Fiat Chrysler has hired a pair of outsiders — including a high-ranking Amazon executive — for leading roles in its most profitable region, North America.