Fiat Chrysler Automobiles N.V. has sold its Magneti Marelli parts unit to KKR & Co.'s Calsonic Kansei in a transaction valued at 6.2 billion euros ($7.1 billion). The transaction, which was announced Oct. 22, will create a top-10 global independent automotive parts supplier.
Mopar Express Lane Opens 1,000th Facility
Mopar Express Lane opened its 1,000th store in the United States in Bradley, Illinois.