Auto

Carlos Ghosn granted bail

Ghosn was arrested on Nov. 19 and charged under-reporting his compensation for nearly a decade.

Business Highlights

___ UK auto industry under siege as Brexit pressure escalates LONDON (AP) — Britain's auto industry is under siege while the government struggles to negotiate a divorce deal with the European Union.

Volvo to set lower speed limit on its new cars

Volvo Cars says it will limit the top speed of its new cars at 180 kilometers per hours (112 miles per hour) in all markets as of next year because "too many people get seriously injured or even killed because of excessive speeding."