Daily News Briefs: May 30, 2012

By Kelsey Mays

March 5, 2015

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.

Featured stories