- Italy October car sales fall 5.58 percent – Reuters.
- Chrysler adds Bank of America Merrill Lynch to help run IPO – Reuters. The IPO could price in December.
- Audi sticks to profit margin goal despite costs of growth – Reuters. “We’re making high upfront expenditures and investments now and in upcoming years in order to create an even stronger global position for Audi,” finance chief Axel Strotbek said.
- Berlin prosecutors investigate ex-Merkel ally who joined Daimler – Reuters. Daimler said it had no doubts about his integrity.
- China’s BYD says will hire more US employees for California plant – Reuters. “BYD has temporarily loaned some Chinese engineers and experts to transfer Chinese technology to local employees at its Los Angeles factory and will not be displacing any American workers, BYD said in a statement on Monday.”
- French carmakers gain ground in recovering home market – Reuters. PSA Peugeot Citroen and Renault reclaiming some lost ground.
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