Truckmaker Volvo sells 75 percent of connected car unit to VW

Volvo has agreed to sell 75.1 percent of WirelessCar, a digital service developer specializing in connected driving, to Volkswagen (VW) for 1.1 billion Swedish crowns ($121.5 million), the Swedish truckmaker said on Wednesday.

from Reuters: Technology News https://ift.tt/2GrHRth