Henric Otto, who led the design team that created the new Volvo S40 and V50, resigns his position at Volvo Car Corp. to take a job as senior vice president of global design at Swedish appliance manufacturer Electrolux. Otto spent 12 years with Volvo and took over as design chief two years ago when he replaced Peter Horbury, who heads North American design for parent Ford Motor Co. A Volvo Car spokesman in Gothenburg, Sweden, says Otto "got a job offer that he found challenging, ...

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