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Daimler CFO Uebber to Leave in 2019
10/8/2018Bodo Uebber, who has served as Daimler AG’s chief financial officer for 14 years, won’t seek to extend his contract beyond 2019, according to the company.
Honda Plan Recall to Fix Fuel Problem in CR-V Crossovers
10/8/2018Honda Motor Co. says it is preparing to recall an unspecified number of CR-V small crossover vehicles to fix a fuel system flaw that can push gasoline into the engine’s crankcase.
Ford Readies Cuts in Salaried Workforce
10/8/2018Ford Motor Co. has alerted its 70,000 salaried employees that their ranks will be reduced over the next eight months in a sweeping redesign of the company’s entire business.
Daimler Breaks Ground on U.S. Battery Plant
10/8/2018Daimler AG has begun construction of a large battery plant seven miles from its car and SUV assembly complex in Tuscaloosa, Ala.
Light-Vehicle Sales Rise 6% in Russia
10/5/2018Deliveries of new passenger cars and light commercial vehicles in Russia climbed 6% to 157,400 units in September, according to the Moscow-based Assn. of European Businesses.
Audi’s Sales in Europe Plummet 56%
10/5/2018Audi AG blames a 56% drop in its sales in Europe last month to glitches in transitioning to the region’s new emission testing requirement.
U.S. Jobless Rate Drops to 49-Year Low
10/5/2018Unemployment in the U.S. shrank to 3.7% in September, its lowest rate since December 1969, according to the U.S. Dept. of Labor.
France Names Pelata to Chart Auto Industry Transformation
10/5/2018Patrick Pelata, Renault SA’s former chief operating officer, has been named to help accelerate the French auto industry’s transition to electrified powertrains and autonomous-driving technology.
VW Says All Top Models Are Now WLTP-Certified
10/5/2018Volkswagen AG, which has struggled more than other carmakers to meet Europe’s new emission testing rules, says all 14 of its top-selling models are now compliant and available for sale.
Delphi CEO Butterworth Departs
10/5/2018Liam Butterworth, who was appointed CEO of Delphi Technologies plc last December when the company was spun off from Delphi Automotive, is leaving the company.