Marchionne's Reason to Be Jolly (5/14/14)

CEO: Fiat Chrysler to grow even if it misses goals; Google gives taste of autonomy; GM battery move;...

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GM recalls 140,000 Chevy Malibus for brake flawAuto News

General Motors is recalling 140,067 Chevrolet Malibus from the 2014 model year for a problem with the electronic brake control module that can increase the risk of crashes. The recall covers models with a 2.



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GM brings Spark EV batteries in-house to Mich. plantAuto News

General Motors is moving production of the battery pack for its all-electric model of the Chevrolet Spark minicar in-house at the company's battery assembly plant in suburban Detroit.



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Hyundai to appeal $248 million verdict over fatal Montana crashAuto News

Hyundai Motor America plans to appeal a $248 million verdict awarded to the families of two boys killed in 2011 in a crash involving a Hyundai car they claimed was defective.



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Hyundai to appeal $248 million verdict over fatal crash Auto News

Hyundai Motor America plans to appeal a $248 million verdict awarded to the families of two boys killed in 2011 in a crash involving a Hyundai car they claimed was defective.



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Severstal said to be weighing offers for U.S. steel plantsAuto News

OAO Severstal, the Russian steelmaker controlled by billionaire Alexey Mordashov, said it is considering 'a range of strategic options' for its North American unit amid reports the business may be sold.



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GM runs 16 additional tests on cars with defective ignition switchesAuto News

General Motors conducted an additional 16 tests on cars with the defective ignition switch linked to at least 13 deaths to further support its position that the vehicles are safe to drive with only the key in the ignition, according to a document...



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Renault-Nissan's resilience to Russia's problems may be testedAuto News

Renault is looking closely at Western sanctions on Russia even though its alliance with Nissan appears better positioned than others to ride out the crisis over Ukraine.



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Magna denies being asked by Canada to end Russia JVAuto News

Magna International CEO Donald Walker says he hasn't been asked to end a Russian joint venture amid mounting tension over Ukraine even as an executive from partner Avtotor cited pressure from Canada to do so.



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Fiat Chrysler will be OK if it misses lofty targets, Marchionne saysAuto News

Fiat Chrysler CEO Sergio Marchionne said the company will be much stronger than it is today at the end of his plan to sell 7 million cars by 2018, even if it misses the targets he set last week.



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Audi CEO Stadler gets contract extensionAuto News

Volkswagen has extended the contracts of Audi CEO Rupert Stadler, VW sales and marketing boss Christian Klingler and VW China chief Jochem Heizmann.



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