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Volkswagen's North America Division President Resigns

The Volkswagen North America division president, Winfried Vahland, resigns a month after being appointed to this position, according to a report by the New York Times. Vahland leaves after 25 years with the company.

Cadillac's U.S. Brand Chief Departs

Bill Peffer has resigned 10 months after he left his position as CEO of Nissan Australia. Peffer will be replaced by Kurt McNeil, head of U.S. sales operations, on an interim basis.