Volvo to take stake in Lynk & CO

Volvo will take a stake in sibling brand Lynk & CO, which will rely heavily on Volvo as it prepares to start European and U.S. sales. Volvo also will set up a joint venture with its Chinese parent, Zhejiang Geely Holding, to help speed up the development of new electrified vehicles.


VW bondholders can continue lawsuit, judge rules

A federal judge in California allowed some claims to proceed by bondholders who sued Volkswagen AG over its diesel emissions scandal.

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