Knorr-Bremse seals victory in Haldex takeover battleWed, 07, Dec 2016
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.
Volvo picks McDonald's exec as first chief digital officerThu, 01, Dec 2016
Volvo has named Atif Rafiq its first chief digital officer, luring the longtime Silicon Valley executive from McDonald's, where he built the fast food giant's digital unit from scratch. Rafiq, who starts Jan. 2, will succeed Klas Bendrik.