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Mercedes AMG changes leaders

There’s a changing of the guard at Mercedes AMG. Volker Morninweg is leaving to become head of the company’s van division on April 1. He’ll be replaced by Ola Kaellenius, who was most recently in charge of the Mercedes plant in Tuscaloosa, Ala.

Ford's net profit slips to $1.65 billion for the third quarter

Ford Motor Co., hurt by accounting changes related to commodity prices, said third-quarter net profits fell slightly to $1.65 billion from $1.69 billion a year earlier. Pretax profits fell to $1.94 billion from $2.06 billion a year earlier. North American pretax operating profits were essentially flat from the year-earlier period at $1.6 billion.

Who's Where: Simon Cox appointed design director, Infiniti Design London

Infiniti has recruited Simon Cox as design director at its Infiniti Design London studio, which is currently Nissan Design Europe. He will report directly to Infiniti executive design director Alfonso Albaisa. The new appointment comes as Infiniti attempts to evolve its design strategy by establishing new dedicated design studios, of which the London Paddington studio is the first.