Auto safety specialist Autoliv targets $12 billion in sales by the end of the decade and could potentially reach $15 billion, it said today. The company had sales of $9.2 billion in 2014.
German prosecutors have been forced to backtrack in their probe of former VW Group CEO Martin Winterkorn.
Chevrolet may be 'like a rock,' but Ford now has 'The Rock' on its side.
GM veteran Rory Harvey has been appointed head of the Vauxhall brand in the UK. Harvey, 47, succeeds Tim Tozer, who is leaving the company, GM said.
The auto industry's adoption of driver-assistance systems is looking like a gold rush. This year, global sales of the radar, cameras, controllers and software used for the technology will total $10.6 billion, analysts say.
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