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Audi fined $927M for emissions cheat; Warning from VW's Diess; Ford's new China crossover; Tesla enhances Autopilot; Flying-car maker taking orders; Volvo's evolving safety focus.
The luxury brand will not appeal the fine, and it said the penalty will have a significant impact on its annual earnings.
In taking control of parent Volkswagen and its namesake marque across North America, Scott Keogh again faces a struggle to lift a German brand.
Mark Del Rosso won't need any introductions to his dealer network when he becomes president of Audi of America on Dec. 1. They already know who he is and what he can do.
Audi's interim CEO, Bram Schot, laid claim to the top job for the long term amid uncertainty when Markus Duesmann, who has been seen as CEO-designate, can join Audi parent Volkswagen Group from BMW.
Scott Keogh, who has steered Audi to 107 straight months of U.S. sales gains, will become CEO of parent Volkswagen Group's operations in North America on Nov. 1. He will succeed Hinrich Woebcken, who will become a strategy adviser.
Production of the Audi e-tron started in September as planned and on time in Brussels, with hopes of reaching maximum output this year if the supply chain does not tear.
Audi CEO Rupert Stadler is in line for a $8.1 million payout if he is cleared of involvement in VW Group's diesel emissions cheating.
The VW brand's eight-month streak of sales gains in the U.S. ended last month, despite strong crossover demand. Audi's streak of year-over-year sales increases continued, narrowly, to 107 months.
U.S. sales slump in Sept.; FCA, Subaru rise; Tesla's Q3 delivery surge; Jailed Audi boss Stadler out of a job; Paris show highlights from Mercedes, BMW, Toyota; Ghosn talks trade.
Volkswagen terminated Audi CEO Rupert Stadler's contract against the backdrop of a criminal investigation into whether he was involved in emissions cheating by the German automaker.
Audi's Rupert Stadler stands to receive a golden parachute, earning millions if he agrees to step down as CEO with years still left on his contract.
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