Volvo plans U.S. plant expansion, doubling original investment, reports say

Volvo is doubling investment in its first U.S. plant, which is under construction, to add a second production line at a total cost of $1 billion as the carmaker heads for a fourth straight year of record sales, according to reports from Reuters and a local newspaper.


Ratan Tata moves to secure his JLR prize

Ratan Tata's move to consolidate power at Tata Sons and secure ownership of Jaguar Land Rover looks like one of those boring shareholder resolutions that would go unremarked upon in an ordinary, closely held firm. But Tata Sons isn't a regular company.

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