Scania committee recommends rejection of Volkswagen's bid

March 18, 2014 13:40 CET
A Scania board committee recommended minority owners reject Volkswagen's bid for the rest of the Swedish truckmaker, saying the $9.33 billion offer for the stock VW doesn't own is too low....
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Volvo CEO Samuelsson to pay 500,000 euros to settle MAN corruption probe

Aug. 22, 2013 11:49 CET
Volvo Car Corp. CEO Hakan Samuelsson has agreed to pay 500,000 euros ($668,000) to charity to settle a German investigation into corruption allegations linked to his time as head of truckmaker MAN SE....
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