Having been redesigned with a more fuel-efficient engine, the automotive company expects the new model to appeal to a broader market segment.

✓ Correct Answer: Option B

The original sentence contains a dangling modifier. 'Having been redesigned' incorrectly modifies 'the automotive company.' Option B correctly places the modifier 'Redesigned with a more fuel-efficient engine' next to 'the new model,' which is what was actually redesigned.