Volkswagen
The following articles have been tagged with "Volkswagen":
'Hero' Swede lifts car to save trapped boy
National: 6 May 13
A mystery man came to the rescue when a 7-year-old boy was run over and wedged beneath a car in eastern Stockholm on Sunday evening, with police labelling the unknown rescuer a hero.
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Volvo V70 most sold car in Sweden in 2012
Business & Money: 2 Jan 13
The Volvo V70 was Sweden’s most sold car in 2012, the 55th consecutive year Volvo Cars took the honour on home turf.
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Stroke sidelines Volvo Cars CEO Jacoby
Business & Money: 24 Sep 12
Stefan Jacoby, the CEO of Volvo Cars, has suffered a stroke that has forced him to take a leave of absence from running the Swedish automaker.
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Scania appoints Lundstedt as new CEO
Business & Money: 3 Jun 12
Martin Lundstedt has been appointed to take over the reins as president and CEO of Swedish heavy-truck maker Scania, the company announced on Saturday.
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VW Sweden hit by Fiat Google photo bomb
Society: 16 May 12
A Fiat 500 frozen in time by Google Maps in front of Volkswagen's headquarters in Sweden has been hailed as a public relations coup for the Italian automaker, despite an alternate explanation for the pic from its German rival.
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Downshift in profits for truckmaker Scania
Business & Money: 24 Apr 12
Swedish heavy-truck maker Scania, owned by Volkswagen, announced on Tuesday that its first-quarter profit had fallen by 28 percent owing to weaker demand and high development costs.
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Volvo wagon Sweden's 'biggest film star'
Society: 20 Jan 12
When naming the Swedish model most often seen on the silver screen, many might guess Greta Garbo. But the correct answer is actually the rather unassuming Volvo 240 station wagon, according to a new ranking.
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Expert: Saab's independent streak 'the beginning of the end'
Business & Money: 21 Dec 11
Decisions by former Saab owner General Motors weren't the cause of the Swedish automaker's bankruptcy, according to a new study, which also found that former Saab management is partly to blame.
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Scania MAN merger on hold
Business & Money: 2 Feb 11
Swedish truckmaker Scania reported booming profits in its 2010 report published on Wednesday, advising that the proposed merger with Germany's MAN is on hold.
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Subaru mulls green car production in Sweden
Business & Money: 31 Jan 11
Japanese carmaker Subaru has announced its desire to start making vehicles in Sweden, possibly at a vacant Saab Automobile facility in western Sweden's Trollhättan.
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MAN demands millions from Swedish ex-CEO
Business & Money: 17 Jan 11
Swedish businessman Håkan Samuelsson, the former CEO of German truckmaker MAN, has been ordered to pay the company €237 million ($315 million) in damages for his alleged part in a major corruption scandal.
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Scania in merger talks with Germany's MAN
Business & Money: 15 Nov 10
Scania is exploring a tie up with Germany's MAN, the Swedish truckmaker said on Monday.
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Volkswagen eyes Scania stake: report
Business & Money: 14 Nov 10
German automaker Volkswagen is looking to boost its trucking activities by increasing its stake in Sweden's Scania, according to a German media report.
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Politicians say no to free biogas car over bribe risk
National: 11 Aug 10
Volkswagen and Eon were hoping to raise the profile of biogas-fuelled cars during the ongoing election campaign by loaning them free of charge to politicians but the risk of being seen as a bribe has put a stop to their plans.
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Truckmaker Scania posts surprise Q2 results
Business & Money: 23 Jul 10
Swedish truckmaker Scania reported unexpectedly strong second-quarter results on Friday as the auto industry rebounded from a disastrous 2009, when the global economic downturn savaged demand.
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Volvo in top gear as Saab stuck in reverse
Business & Money: 16 Apr 10
Sweden's two major car manufacturers, Volvo and Saab, are experiencing starkly contrasting fortunes in European markets, new sales statistics show.
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Saab-Spyker chief wants new retro Saab 92
National: 8 Apr 10
Saab Automobile's new chairperson, Victor Muller, wants the Swedish firm to prioritize the development of a new version of the classic Saab 92 in a retro design mirroring similar moves by Fiat, with its 500, and the Volkswagen Beetle.
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Sweden's car sales rev up in December
Business & Money: 4 Jan 10
Swedes showed a renewed zeal for buying new cars in December, with new vehicle registrations shooting up 13 percent compared to the previous year, new statistics show.
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Foreign investors thrive on the Stockholm exchange: report
Business & Money: 31 Jul 09
The Stockholm stock exchange has retained its allure among foreign investors who now own 35 percent of its total value on the back of strong gains, according to new figures.
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Swedish autoparts maker goes bankrupt
Business & Money: 5 Mar 09
Swedish autoparts supplier Plastal, which provides parts to both Volvo and Saab, announced on Thursday it had filed for bankruptcy.
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Profits and orders plummet at Scania
Business & Money: 3 Feb 09
Swedish truckmaker Scania reported a 44 percent drop in fourth quarter net profits and sharp drop in new orders on Tuesday.
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Porsche bids on remaining Scania shares
Business & Money: 19 Jan 09
German luxury automaker Porsche announced on Monday it was offering €2.8 billion ($3.7 billion) to buy up the rest of Swedish truckmaker Scania.
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Porsche obliged to bid for Scania
National: 6 Jan 09
German sports car maker Porsche is obliged to place a bid for Swedish truck firm Scania after acquiring more that fifty percent of the voting stock in Volkswagen.
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2008: The year in review
Lifestyle: 31 Dec 08
As 2008 draws to a close, The Local takes a look back at some of the stories that caught our attention over the last twelve months.
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MAN states 'strategic interest' in Scania
Business & Money: 24 Dec 08
The German heavy truck maker MAN said on Wednesday it had raised its voting rights access in Swedish counterpart Scania to more than 20 percent, and emphasized its strategic interest in the firm.
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'Swedish car makers should come home'
Analysis & Opinion: 25 Nov 08
With Ford and GM, the respective owners of Volvo and Saab's car divisions, struggling for their survival, Sweden needs to regain the initiative and nationalize its auto industry, argues Rolf Wolff, dean of the School of Business, Economics and Law at Gothenburg University.
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Investor suffers 'torturous' third quarter
Business & Money: 14 Oct 08
Swedish investment giant Investor expressed optimism for the future on Tuesday despite suffering massive third quarter losses.
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GM boss: 'Saab is a critical part of our European portfolio'
Business & Money: 26 Jul 08
General Motors will begin building Saab vehicles in the United States rather than put its Swedish subsidiary up for sale, GM chairman and CEO Rick Wagoner said on Friday.
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Scania profits keep on trucking
Business & Money: 25 Jul 08
Swedish truckmaker Scania reported strong second-quarter profits on Friday, beating expectations but warning that 2009 could offer a bumpier ride.
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Investor plunges into the red in second quarter
Business & Money: 10 Jul 08
Investor, Northern Europe's biggest industrial holding company, fell into the red in the second quarter with a net loss of 3.52 billion kronor.
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Scania sees profits rise while orders sag
Business & Money: 28 Apr 08
Scania on Monday posted strong first quarter results and increased sales while flagging a sharp fall in new orders ahead.
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MAN not required to bid on remaining Scania shares
Business & Money: 10 Apr 08
The Swedish Financial Supervisory Authority has concluded that the German truck manufacturer MAN AG is not obliged to launch a bid on Scania AB.
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Truck maker Scania invests in Dubai to tap Gulf growth
Business & Money: 27 Mar 08
Swedish truck maker Scania said on Thursday it would build a factory in Dubai to strengthen its presence in the high-growth Gulf region.
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Scania and Ericsson see shares tumble
Business & Money: 4 Mar 08
Shares in Scania and Ericsson plummeted on the Stockholm stock exchange on Tuesday.
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Porsche swallows Volkswagen as VW grabs Scania
Business & Money: 3 Mar 08
Only hours after buying a controlling stake in Swedish truck manufacturer Scania, Volkswagen was in turn swallowed by the holding company of luxury carmaker Porsche.
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Auto industry jewel slips into foreign hands
Business & Money: 3 Mar 08
Volkswagen's acquisition of truckmaker Scania saw one of the Swedish auto industry's last crown jewels pass into foreign hands, following in the footsteps of Volvo and Saab.
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Scania's main union welcomes VW deal
National: 3 Mar 08
Scania's main workers union has said it was pleased German car maker Volkswagen had taken control of the Swedish truck maker.
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Volkswagen makes Scania swoop
Business & Money: 3 Mar 08
Volkswagen is to raise its voting rights in Scania following an accord with Investor and the Wallenberg foundation. The move is seen as a possible prelude to a merger of Scania and MAN.
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Strong earnings for Scania in 2007
Business & Money: 6 Feb 08
The truckmaker sees the good times rolling along into 2008 and 2009.
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'Stand back or we'll shoot'
National: 25 Jan 08
Several armed men robbed a bank in Åtvidaberg on Friday morning.
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MAN shares leap on report of Scania bid
Business & Money: 18 Oct 07
Shares in heavy lorry maker MAN leapt in early trading in Frankfurt on Thursday after a press report said Scania of Sweden was set to launch a bid for the German group. Shares in Volkswagen also benefited.
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No go for Scania-MAN trucking merger - report
Business & Money: 15 Sep 07
Plans to merge Swedish truck-maker Scania with Germany's MAN and parts of Volkswagen have been called off, according to the German weekly magazine Focus, quoting an unidentified manager involved.
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Wallenberg family blocking Scania-MAN trucking tie-up
Business & Money: 28 Aug 07
Swedish investor Peter Wallenberg has stalled talks to merge Scania with Germany's MAN and parts of Volkswagen.
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Wallenberg family blocking Scania-MAN trucking tie-up
Business & Money: 28 Aug 07
Swedish investor Peter Wallenberg has stalled talks to merge Scania with Germany's MAN and parts of Volkswagen.
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Swedish robbery suspect arrested in Ireland
National: 12 Jul 07
A 31-year-old Swede has appeared before the Irish High Court following his arrest last week in connection with a 2005 bank robbery in Gävle.
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Investor "considering bid for Volvo"
Business & Money: 2 Jul 07
Volvo could return to Swedish ownership, according to a report in the British media claiming that Wallenburg-controlled Investor is planning to table a bid for the car firm.
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Man wanted for armed robbery turns himself in
National: 31 May 07
A 30-year-old man has presented himself at a police station after a warrant was put out for his arrest. The man is among those suspected of opening fire on police in the course of an armed robbery on Wednesday.
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Police issue warrant for arrest of armed robber
National: 31 May 07
A 30-year-old man is wanted by police in connection with an armed robbery in Stockholm on Wednesday. The robbers opened fire on police during the raid.
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Police shot by Stockholm robbers
National: 30 May 07
Robbers opened fire on police officers in Stockholm on Wednesday following a raid on a secure cash transport vehicle.
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VW raises stakes in Scania merger drive
Business & Money: 7 Mar 07
Volkswagen shifted up a gear on Wednesday in its drive to engineer a three-way trucks merger between itself, MAN and Scania, raising its stake in both the German and Swedish companies.
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MAN drops Scania bid
Business & Money: 23 Jan 07
Truckmaker MAN is withdrawing its takeover bid for Swedish rival Scania, the German company has confirmed. Volkswagen and Investor welcome the move.
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VW and MAN to meet Wallenbergs over Scania
Business & Money: 14 Jan 07
Volkswagen AG and MAN AG's supervisory board chairmen are to hold talks with Sweden's Wallenberg family, a key shareholder of Scania AB, to discuss MAN's takeover bid for its Swedish rival.
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VW vetoes hostile Scania bid
Business & Money: 11 Jan 07
German auto giant Volkswagen has told MAN that it is opposed to a hostile takeover bid for Swedish rival Scania. VW, which holds major stakes in both companies, says it wants an amicable deal.
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MAN boss plays down prospect of raised Scania bid
Business & Money: 1 Dec 06
The chief executive of MAN, Håkan Samuelsson, has played down the prospect of a raised bid for Swedish truckmaker Scania. He also said a Scania bid for MAN was unlikely.
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Teen arrested over parents' murder
National: 26 Nov 06
An 18-year-old man has been arrested after his parents were found murdered at the family home in Hedemora, central Sweden. They may have been dead for several days.
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Scania repeats MAN refusal
Business & Money: 24 Nov 06
The Swedish truckmaker has repeated its refusal of a takeover bid from German rival MAN, while saying that it intends to give shareholders a dividend of 50 kronor per share.
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MAN presents hostile bid
Business & Money: 16 Nov 06
German industrial group MAN has formally presented its 9.6 billion euro hostile takeover for Swedish truckmaker Scania.
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MAN-Scania talks 'collapse'
Business & Money: 15 Nov 06
Merger talks between German engineering conglomerate MAN and Swedish truckmaker Scania have collapsed, reports say, meaning a hostile takeover could once again be on the cards.
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Explosion during cash robbery
National: 9 Nov 06
A cash delivery van operated by Securitas was robbed on Wednesday morning at a bank in Rydaholm, southern Sweden. An explosion has been reported, but nobody is believed to be injured.
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Wallenbergs could chair merged truck giant
Business & Money: 23 Oct 06
German industrial group MAN said that it could offer the chairmanship of a combined truckmaker with Scania to Investor, controlled by Sweden's Wallenberg family.
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MAN hoovers market for Scania shares
Business & Money: 12 Oct 06
German industrial conglomerate MAN has turned up the heat on Scania by buying shares in the Swedish truckmaker. Meanwhile, reports are circulating that Volkswagen supports a hostile bid.
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MAN 'to withdraw Scania bid'
Business & Money: 9 Oct 06
German truckmaker MAN will today withdraw its hostile bid for Scania, to enable three-way friendly talks over a truck alliance with Volkswagen, the Financial Times reports. Trading in Scania shares has been suspended in Stockholm.
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Scania: VW's MAN purchase 'may change' situation
Business & Money: 4 Oct 06
Volkswagen has bought a 15 percent stake in MAN, which is currently trying to take over Swedish truckmaker Scania, in which it also owns a large stake.
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VW chief rejects MAN offer for Scania
Business & Money: 26 Sep 06
The chief executive of Volkswagen, Bernd Pischetsreider, has said no to a hostile bid from industrial group MAN for Swedish truckmaker Scania.
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MAN could increase Scania bid
Business & Money: 25 Sep 06
German truckmaker MAN has said it wants to up its bid for Swedish counterpart Scania to nearly €11 billion, or 500 kronor per share.
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MAN in hostile Scania bid
Business & Money: 18 Sep 06
The battle for domination of the European truck building industry got underway on Monday with a hostile bid from German MAN for Swedish truckmaker Scania.
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MAN "to bid 9.5 billion euros for Scania"
Business & Money: 14 Sep 06
German industrial conglomerate MAN is to offer nearly 9.5 billion euros (12 billion dollars), mainly in cash, for Swedish truck maker Scania, the Financial Times reported on Thursday.
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Scania shares soar over bid rumours
Business & Money: 13 Sep 06
Swedish truck manufacturer Scania said on Tuesday that it believes German rival MAN plans to launch a takeover bid. The company's shares rose sharply on Wednesday morning.
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Volvo to produce S40 in China
Business & Money: 20 Mar 06
In a bid to compete on equal terms with local carmakers in China, the company has said it will begin production of the new S40 model in the country.
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Ammunition stolen while truck driver slept
National: 25 Feb 06
Several thousand nine-millimetre cartridges and ammunition of other calibres were stolen from a truck parked by the E6 motorway between Landskrona and Helsingborg at around 3am on Saturday.
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Editorial: Congestion charge will solve nothing
Analysis & Opinion: 18 Nov 05
Most Stockholmers are choking at the thought of paying tolls to drive in the city. But shouldn't all drivers be made to pay for the damage that cars are doing to the environment?
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Evacuation in Jönköping after new robbery
National: 11 Nov 05
Part of central Jönköping has been evacuated after an armed raid on a Securitas cash office in the town. A car left at the scene is thought to have been wired with explosives but the managing director of Securitas said the robbery was "a failure".
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VW "could sell Scania stake"
Business & Money: 29 Jul 05
The CEO of German car manufacturer Volksvagen says the company does not intend to increase its 18.7 percent stake in Scania, adding that it could even sell its shares in the Swedish truck maker.
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Toyota tops Nordic Market
Business & Money: 4 Apr 05
The best selling car brand in Sweden, Norway, Denmark and Finland in the first quarter of 2005 is Toyota. The Japanese car giant is second only to Volvo in Sweden.
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