Transportation

MAN SE Chief Samuelsson Leaves Truckmaker; Pachta-Reyhofen Is Interim CEO MAN SE Chief Executive Officer Hakan Samuelsson will step down with immediate effect, leaving Europe’s third-largest truckmaker after nine years.

Qantas to Spend $4 Billion Over 2 Years Renewing Fleet, Boosting Margins Qantas Airways Ltd., Australia’s largest airline, will spend A$4.4 billion ($4 billion) over the next two years as it purchases new aircraft and embarks on a campaign to shore up margins.

Lufthansa's First A380 Plane Delayed Further as Airbus Deliveries Stall Deutsche Lufthansa AG, Europe’s second-largest airline, said handover of its first Airbus A380 super-jumbo will be delayed by several months as the jet’s manufacturer struggles to keep deliveries on schedule.

Caterpillar Beating Komatsu as Dow Industrials Soar on Dollar Index Drop For the first time since the equity rally began in March, the biggest U.S. stocks are beating the smallest as the dollar’s descent sends investors to companies with the most business in international markets.

EU Ministers Plan to Consider Aid Request for GM's Opel Unit Next Month European Union officials said no decision on granting aid to General Motors Co.’s Opel unit will be made until a meeting next month.

Argentine Toll Operator Default May Swell Deficit to Widest in Nine Years Argentine highway operator Autopistas del Sol SA’s bond default is adding to concern the budget gap will swell to the widest in nine years as the government takes over unprofitable companies, Moody’s Economy.com says.

Mercedes China Expects to Beat U.K. Sales in 2010, Outpace Overall Market Daimler AG’s Mercedes-Benz expects China to surpass the U.K. as its third-biggest market next year with its sales growth in the Asian country outpacing the overall auto market.

U.K. Engineers Assess Damage From Worst Floods on Record; Ireland Also Hit Engineers are conducting safety inspections on 1,800 bridges in northwestern England following the region’s worst floods on record, while in southwestern Ireland rains washed out roads and contaminated drinking water.