Author: Automotive News n Feed

GM-PSA deal approved, report says; Mercedes fire risk; Mobility matters: Infiniti loads Q50 with autonomy tech, GM’s Maven offers monthly reservations, Where drones meet flying cars.

PSA Group reached an agreement with General Motors to buy the U.S. carmaker’s loss-making Opel division and won the support of its own board for the deal on Friday, a source familiar with the matter told Reuters.

American Honda said it plans to let its Honda Stage music venue in Atlanta serve as the platform for a nationally televised program.

Daimler said it will recall 1 million newer-model Mercedes-Benz vehicles worldwide — about 308,000 of them in the U.S. — after 51 fires were reported stemming from a defective starter fuse.

A colorful past: Wind damage just latest blow to Ford’s Blue Oval; Mexico official’s Detroit mission; Lamb steps down at Reynolds; Uber does about-face; Chevy sweetens data plan.

Toyota has shuffled its executive team in Europe, naming Hiroaki Nanahara, a veteran of the company’s Asian operations, as executive vice president for sales, replacing Karl Schlicht, who is retiring.

Audi CEO Rupert Stadler has stepped down from leadership roles at the Piech family foundation, Austrian company filings show. Stadler was a close confidant of former Volkswagen Group Chairman Ferdinand Piech.

Italdesign and aircraft manufacturer Airbus are working on a futuristic car whose upper body can be airlifted by a drone and flown above traffic congestion. A concept of the model will make its debut at the Geneva auto show.

Kia expects its European market share to pass 3 percent this year for the first time, helped by new products such as the latest Picanto and Rio. The automaker aims to hit sales of 500,000 in the region in 2018.