Aptiv is at the heart of the push toward autonomous driving and is working with customers to launch a Level 3 application in 2021, as the supplier's Europe chief, Michael Gassen, explained to Automotive News Europe.

Politicians, unions and industry groups have welcomed Tesla to Germany, saying the automaker will bring jobs to the region, but environmental concerns drove hundreds of locals to the streets on Saturday.

Croatian entrepreneur Mate Rimac does not want to compete with companies such as Porsche and Tesla. Instead, he wants to help automakers build faster, better electric cars, as he explained to Automotive News Europe.

Magna said the stronger U.S. dollar, the sale of its fluid pressure and controls business and lower expected light vehicle production in Europe will impact revenue this year.