Audi marketing expert Bram Schot will become the luxury brand's CEO on Jan. 1, making permanent a role he has held on an interim basis since June. Schot was originally considered a longshot to permanently lead the automaker because he lacks an engineering background.
Volkswagen CEO Herbert Diess says he recognizes the need for VW dealers — whose average profit margins lag almost every other brand in the U.S. — to improve their returns and that VW itself must help in that effort.
After years of pleading from global automakers, NHTSA announced this month that it is considering a dramatic change to the long-standing rules that govern auto headlights. The change would allow automakers to install and enable adaptive driving beam headlights on new cars sold in the U.S.