Review Notable developments from the last six months.
July Volkswagen Group fulfills a long-held goal by surpassing Toyota as the world’s largest automaker.
Kraft and Heinz agree a merger which creates the fifth-largest food company in the world with a market value of $100 billion.
August The auto industry proves its commitment to fending off Silicon Valley: BMW, Audi & Daimler acquire Nokia’s HERE mapping unit in a $3.1 billion deal.
Google begets its own parent company: Alphabet. Existing businesses, such as its search engine, become the Google division; Alphabet’s other divisions focus on new businesses such as driverless cars.
September Volkswagen Group admits to using ‘defeat devices’ to influence emission monitors and announces plans to recall 8.5m vehicles in Europe alone.
Swiss TV station Léman Bleu ditches standard TV cameras to go 100 percent iPhone to improve responsiveness and reduce production costs.
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