Autoliv sees annual sales growth of 7% after robust Q1 earnings

Autoliv, continuing to generate new business in the wake of the Takata airbag recall crisis, reported a bigger than expected rise in first-quarter earnings and raised its forecast for like-for-like sales this year while affirming its margin outlook.

Supplier Tower International cancels plan to sell European unit

Tower International, which makes heavy metal components and assemblies for cars and trucks, said today it will not sell its European division, citing the industry's growth in the region.

VW to pay top exes $71.8 million for 2015

VW Group said it plans to pay the 12 current and former members of its management board 63.24 million euros ($71.8 million) for 2015, a year when

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