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Daily News Briefs: May 30, 2012

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  • After announcing plans to jointly develop its next Alfa Romeo Spider with Mazda’s next-gen MX-5 Miata, Alfa parent Fiat said it wouldn’t purchase a stake in Mazda, Reuters reports. But Fiat will extend its ownership of Chrysler to 61.5% in July, up from the current 58.5%.
  • Automotive News reports Chevrolet will sponsor the U.K. soccer team Manchester United, whose fandom amounted to 659 million followers last year.
  • Ford executives say slow production stymied market share this year, but the automaker will add 400,000 units of production in the remainder of 2012 to rectify that, Automotive News reports.
  • Bloomberg News reports that after Northern Italy’s 5.8-magnitude trembler Tuesday, exotic-carmakers Ferrari and Maserati have suspended operations in the region.

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Kelsey Mays

Former Assistant Managing Editor-News Kelsey Mays likes quality, reliability, safety and practicality. But he also likes a fair price.

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