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New Chrysler plant starts making Pentastar V-6
Chrysler Group has begun manufacturing the new Pentastar V-6 engine, which eventually will replace seven V-6 engines at the automaker.

CEO Dauch likely to earn $30 million from American Axle stock sale
American Axle CEO Richard E. Dauch announced today that he's planning to sell 2.5 million shares of his company stock for about $30 million -- less than a year after the supplier won a bailout from General Motors to avoid bankruptcy.

March sales rise as U.S. industry turns to incentive and#8216;drugsand#8217;
Auto sales gained strength in early March as automakers offered big incentives and melting February snows made it easier for buyers to reach showrooms. Edmunds.com Inc. forecasts a seasonally adjusted annualized sales rate of 13.

Mercedesand#8217; Alabama boss departs for AMG
Ola Kaellenius, the Swede appointed to run Mercedes-Benzand#8217;s U.S. manufacturing operations last summer, has been named managing director of Mercedes-Benz AMG GmbH, the automakerand#8217;s performance-vehicle unit in Germany.

N. American vehicle output to rebound sharply, CSM says
Vehicle production is expected to rise over the next six months as automakers bounce back from the steep cuts of early 2009.

Chrysler says it has Wrangler hard-top shortage covered
Chrysler Group says it has solved the problem that caused a shortage of hard tops for Jeep Wranglers.

Valeo to sell non-core assets in U.S., France, UK, and China
Valeo will sell its speed controller business as part of a strategy to divest non-core businesses.

McLaren unveils supercar to take on Ferrari
McLaren unveiled the first of a range of supercars that will take its Formula One battle with Ferrari and Mercedes-Benz from the racetrack to the streets.

U.S. says driver error possible in N.Y. Prius crash
U.S. safety officials say driver error may be behind the New York crash of a Toyota Prius that has been investigated as a possible case of unintended acceleration.

Ford brings theater to Argentina's countryside in tales of magic realism
Tapping into Latin America's literary tradition of magic realism, Ford Motor Co. is bringing wondrous tales along with trucks to little-used theaters in rural Argentina.

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