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Daimler to seek $6.75 billion in cost savings at Mercedes, report says

Incoming Daimler CEO Ola Kaellenius is seeking 6 billion euros ($6.75 billion) in cost savings and efficiency gains by 2021 at Mercedes-Benz passenger cars.

Higher new-vehicle prices are juicing used-car market, study says

As new-vehicle prices rise, more consumers continue to shift to the used-vehicle market, according to Cox Automotive's latest Car Buyer Journey study.

Japan intervened to stall Nissan-Renault merger, emails show

As Carlos Ghosn pushed to strengthen Nissan's ties with Renault last year, executives at the Japanese company were secretly working with government officials to defend Nissan's independence.

FCA to invest $262M in Ontario plant for 'future product,' Unifor says

Fiat Chrysler this year will invest $262 million in its Windsor, Ontario, minivan assembly plant “for future product,” Unifor President Jerry Dias said.

Car2go vehicle theft in Chicago probed by police

Daimler North America subsidiary Car2go is dealing with an apparent raft of vehicle thefts in Chicago and is suspending the app-based service while a police investigation is underway.