Chrysler Group LLC, the automaker that topped its full-year operating profit forecast in the first half today, said it won’t increase its guidance until after the third quarter. Fiat SpA, which runs Chrysler, fell on the news.
Scania AB, the Swedish truckmaker controlled by Volkswagen AG, fell the most in more than a month in Stockholm trading as Barclays Plc said it’s concerned about the company’s reliance on European markets.
Bentley Motors Ltd., whose customers include Queen Elizabeth II and the Sultan of Brunei, may expand its line-up with a sport-utility vehicle to satisfy appetite for bigger luxury models, two people familiar with the matter said.
Volkswagen AG Chief Executive Officer Martin Winterkorn appointed a new trucks chief, added a top executive for China and replaced three Audi board members as part of a shakeup to push forward with his growth plans.