Latest from Anisa Jibrell
A memorial service for Sergio Marchionne, former CEO of Fiat Chrysler whose death ignited a tide of tributes throughout the auto industry, will be held at 11:00 a.m. Friday, Sept. 14 at the Turin Cathedral in Italy. A separate service will be held Sept. 27 at FCA's North American headquarters in Michigan.
Grant recipients will be able to test products in extreme weather conditions and will have access to Michigan's tech hubs and industry leaders.
A former executive of Canadian powertrain parts supplier Linamar Corp. is the new CEO and president of Fusion Coolant Systems Inc., a coolant and lubricant technology company based in Canton, Mich.
The acquisition brings the Feldman group's dealership count to 10, which includes six Chevrolet stores, five of which are located in Michigan, along with one in Ohio that is co-owned with actor Mark Wahlberg.
The automotive seating supplier, challenged by operational and launch problems, is still losing money. It warned that sales and adjusted earnings will decline this year as markets in China and Europe cool.
When it comes to background checks for job candidates, dealerships must navigate a complex web of federal and state regulations that could lead to legal trouble if not followed properly.
Metal components supplier Tower said it agreed to sell off its European division to a privately owned French automotive supplier in a deal valued at about $291 million.
Henry Stanford, who co-founded Michigan's Varsity Automotive Group, died on Friday. He was 70.
Automotive seat maker Adient, which has struggled to maintain consistent profitability since its spinoff from Johnson Controls in 2016, suspended its dividend as it reported a quarterly net loss of $1.35 billion.
Continental, the fourth-largest global supplier of automotive parts, is investing more than $59 million to build an electronics plant in Aguascalientes, Mexico.
