On Wednesday, China’s privately-owned automotive group, Geely Holding, has announced plans to acquire an 8.2% share capital holding and 15.6% voting rights in the leading Swedish manufacturer of truck engines, AB Volvo. Chairman Li Shufu of Ge..

On Monday, The Stuttgart prosecutor’s office said that employees at German sports car maker Porsche AG and a U.S-based subsidiary were being investigated for suspected fraud and false advertising related to diesel emissions.According to an art..