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European car sales drop as Brexit hurts UK demand

Bloomberg European car sales fell in September for only the second monthly drop this year as concerns about Brexit among UK consumers more than offset gains in France, Italy and Spain. Registrations declined 2 percent from a year earlier to 1.47 million vehicles, the Brussels-based European Automobile Manufacturers’ Association, or ACEA, said in a statement. Figures were dragged down by ...

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J&J unit sued over ‘defective’ hip implants

Bloomberg A Johnson & Johnson unit was accused of injuring hundreds of patients by selling “defective” hip implants, according to lawyers suing the company on the first day of a London trial. Some of DePuy International Ltd.’s Pinnacle hip replacement parts cause metal particles to be released into the body, causing a range of health problems, lawyers for the 341 ...

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Daimler moves to separate Mercedes, trucks

Bloomberg Daimler AG is firming up plans for its biggest corporate overhaul in a decade, granting its car and truck operations more independence in a move that could pave the way for spinoffs and other deals as the automaker confronts the disruptive shift to self-driving electric vehicles. Under the plan, the German automotive giant would break up its conglomerate structure ...

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