Fiat Chrysler sells Magneti Marelli for $7.1B

Magneti MarelliFiat-Chrysler Automobiles officially has a buyer for its Magneti Marelli supplier division in Japan’s Calsonic Kansei, itself owned by U.S.-based private equity firm KKR. FCA will unload the parts division for a reported $7.1 billion, according to a Sunday Reuters report. With KKR acquiring the business, Magneti Marelli and Calsonic Kansei will…

2019 Nissan Maxima revealed with minor nip-tuck

2019 Nissan MaximaWe’re still over a month out from the 2018 Los Angeles auto show, but on Monday, Nissan pulled the wraps off of the 2019 Maxima ahead of time. The 2019 Nissan Maxima features a minor front end refresh, but the company didn’t include many details in the announcement. We can see a new pair of what might be LED headlights, a darkened front grille…

Aston Martin 003 supercar could be named Valhalla

Teaser for Aston Martin 003 hypercar debuting in 2021Aston Martin recently announced that it has a fresh super car in the works. Right now, we know it only by the code name of 003. The automaker has a penchant for adhering to vehicle names starting with the letter “V”, however, and a past trademark application of the name “Valhalla” lead us down a path towards the mystery moniker. We had an inkling…