Truckmaker Volvo Group on Monday agreed to a $197 million settlement with the California Air Resources Board over alleged violations of the state’s heavy-duty engine regulations. The settlement resolves allegations that Volvo failed to properly disclose auxiliary emission control devices …
Nidec Suing Former Executives Over Accounting Issues
Japanese electric motor maker Nidec said on Tuesday it had decided to sue founder Shigenobu Nagamori and eight other former executives for damages over suspected