Ex-Ford boss Mulally in mix for secretary of state, Trump adviser says

President-elect Donald Trump's short list for secretary of state has grown, with former Ford CEO Alan Mulally now under consideration for the job as the nation's top diplomat, a top adviser said today.

Renault-Nissan to replace powertrain chief as problems mount, report says

The Renault-Nissan alliance is replacing its top executive in charge of combining the carmakers' engines and gearboxes, sources told Reuters, as

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Volvo picks fast-rising Henrik Green to lead r&d

Volvo named Henrik Green its new head of r&d, giving the Swedish executive his fourth promotion in three years. Green replaces Peter Mertens, who is moving to Audi to head technical development at the VW Group luxury brand.

Knorr-Bremse seals victory in Haldex takeover battle

German supplier Knorr-Bremse has won the first stage of its battle to take over Sweden's Haldex by obtaining 86.1 percent of the brake systems company's shares before its offer expired Monday. Knorr's offer is still conditional upon the company obtaining clearance from antitrust regulators.