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Volkswagen names new chief engineer in Chattanooga and other business news

FILE - A line of 2022 Santa Fe SUV's sit outside a Hyundai dealership Sunday, Sept. 12, 2021, in Littleton, Colo. In documents posted Thursday, Aug. 3, 2023, Hyundai and Kia are telling the owners of nearly 92,000 vehicles in the U.S. to park them outside because an electronic controller in an oil pump can overheat and cause fires. (AP Photo/David Zalubowski, File)
FILE - A line of 2022 Santa Fe SUV's sit outside a Hyundai dealership Sunday, Sept. 12, 2021, in Littleton, Colo. In documents posted Thursday, Aug. 3, 2023, Hyundai and Kia are telling the owners of nearly 92,000 vehicles in the U.S. to park them outside because an electronic controller in an oil pump can overheat and cause fires. (AP Photo/David Zalubowski, File) FILE - A line of 2022 Santa Fe SUV's sit outside a Hyundai dealership Sunday, Sept. 12, 2021, in Littleton, Colo. In documents posted Thursday, Aug. 3, 2023, Hyundai and Kia are telling the owners of nearly 92,000 vehicles in the U.S. to park them outside because an electronic controller in an oil pump can overheat and cause fires. (AP Photo/David Zalubowski, File)

New VW chief engineer set for Chattanooga

Volkswagen is accelerating its engineering and research and development capabilities in the North American region with a new hire who will oversee the development and launch of future vehicles from Chattanooga.

Lyndon Lie will serve as chief engineering officer for the region, the German automaker said in a statement Thursday.

Lie will build on his extensive leadership experience at General Motors and Nikola Corp., the statement said, with duties to include the design, development and launch of multiple battery electric vehicles, as well as developing and launching advanced driver assistance systems.

“Lyndon brings incredible experience to the Volkswagen brand, which will help us achieve our goal of growing our market share across North America in this decade,” said Pablo Di Si, president and CEO of Volkswagen Group of America. “Designing and engineering our vehicles to meet the unique needs of our markets is more critical than ever before. To achieve this, we continue to take proactive steps to strengthen our capabilities and experience within the North American market.”