May 28, 2012
The following articles have been tagged with "Car_industry":
Business & Money: 5 Jan 12
If Saab gets Turkish owners, the company will continue to build cars in Trollhättan, according to Turkish company Brightwell Holdings, which recently entered in the competition over the cash-strapped carmaker.
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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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National: 19 Dec 11
A Swedish court approved Saab Automobile's bankruptcy petition on Monday afternoon after a dejected Victor Muller, CEO of the embattled Swedish automaker, told reporters it was “the darkest day in Saab's history”.
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Business & Money: 12 Dec 11
After days of rumours, truck maker Volvo has officially proposed BP chairman Carl-Henric Svanberg to be appointed head of its board at the annual general meeting in April, the Swedish company announced on Monday.
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Business & Money: 2 Dec 11
Carl-Henric Svanberg, the heavily criticised BP chairman, will soon be appointed head of the Volvo board, according to a new report.
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Business & Money: 21 Nov 11
The news that Chinese firms Pang Da and Youngman intend to acquire Saab Automobile, has been greeted by relief, resignation and objection, The Local's Geoff Mortimore explores the twisted fate of an iconic Swedish brand.
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Science & Technology: 12 Aug 11
A Swedish company has become the first in the world to develop a so-called active safety test site, which it is hoped will ultimately drastically reduce the number of car accidents.
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Business & Money: 1 Jul 11
In June there were 27,485 new cars registered in Sweden, a drop by 2.8 percent compared to the same month last year, according to industry organisation Bil Sweden.
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Analysis & Opinion: 28 Apr 11
With Swedish carmaker Saab once again teetering on the brink of financial disaster a little over a year after it was saved from bankruptcy, The Local’s Peter Vinthagen Simpson reviews the recent trials and tribulations of this once iconic brand.
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Business & Money: 17 Apr 11
Although the Swedish government helped Saab last week by easing its liquidity issues, many industry observers are skeptical that the company can survive.
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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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Business & Money: 13 Nov 10
Volvo Cars and its Chinese owners Geely have different ideas on how best to market the Sweden-based firm's models in China.
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Business & Money: 15 Jul 10
Swedish industrial bearings giant SKF has reported an increase in second-quarter profits on the back of higher sales and production on 2009.
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Politics: 20 Apr 10
Embattled airlines can not count on financial support from the Swedish state to compensate for the flight chaos of the past week, enterprise minister Maud Olofsson has said, emphasising that the issue must be considered at EU level.
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Business & Money: 22 Mar 10
At exactly 9.17am on Monday, Saab Automobile's production director Gunnar Brunius cut through a yellow ribbon to restart the production lines at the firm's Trollhättan factory.
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National: 27 Jan 10
Shortly after the announcement that his company was purchasing Saab Automobile, Spyker Cars CEO Victor Muller vowed to keep the "iconic" Saab brand afloat amid the current car industry crisis.
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National: 19 Dec 09
An insider source with information about the Saab closure claims that US car maker General Motors did not sell its Swedish unit to Dutch Spyker due to concern about too many inconsistencies surrounding Russian joint owner Vladimir Antonov.
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National: 18 Dec 09
The news that carmaker Saab is to be closed down by owner General Motors might have been expected, but it has been greeted with dismay in Sweden.
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Analysis & Opinion: 25 Nov 09
Saab is a company steeped in glorious history. But as sports car maker Koenigsegg reverses out of its takeover deal, the GM-owned company is increasingly being viewed by analysts as a firm without a future.
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Analysis & Opinion: 25 Nov 09
It sounded like a plot from a Bond film: a completely bald aristocratic inventor, sitting in his lair in a converted aircraft hangar, plotting the takeover of the iconic Saab car brand.
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Business & Money: 24 Nov 09
A group headed by Swedish sports car maker Koenigsegg has broken off negotiations over the purchase of Saab Automobile, the prospective buyer said in a statement.
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National: 28 Oct 09
Chinese automaker Geely is the only remaining bidder for the purchase Volvo Cars.
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Business & Money: 8 Sep 09
Chinese car giant Geely confirmed on Tuesday that it is considering a bid for Ford's Swedish subsidiary Volvo Cars.
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Business & Money: 13 May 09
The path to survival for Sweden’s auto industry is cutting jobs and focusing on niche products, experts said on Wednesday.
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Analysis & Opinion: 31 Mar 09
Washington's decision to hand General Motors a new deadline to reach viability and to demand it sack its chief executive could put more pressure on the company's beleaguered Swedish subsidiary Saab, analysts said on Tuesday.
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Business & Money: 3 Mar 09
Senior General Motors executive Bob Lutz has suggested that a solution to the problems faced by Swedish car firms Volvo and Saab would be to merge them - "that way both we and Ford get rid of a problem."
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Business & Money: 18 Feb 09
Swedish automaker Saab may find itself filing for bankruptcy protection “as early as this month” if its US parent General Motors (GM) doesn’t get financial assistance from the Swedish government.
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Business & Money: 11 Feb 09
Sweden’s Volvo Group has rejected a loan from the French government designed to help the truck maker’s troubled Renault Trucks subsidiary survive the current economic crisis.
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Politics: 30 Jan 09
Finance Minister Anders Borg spoke on Thursday of the need for Sweden to further bolster the banking sector.
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Business & Money: 29 Jan 09
Ford-owned Swedish car maker Volvo has applied for a 475 million euro loan from the European Investment Bank, the Swedish government said on Thursday.
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Business & Money: 28 Jan 09
The head of Volvo Cars has called on Sweden's government to help stimulate the auto industry by reintroducing a cash incentive scheme for scrapped cars.
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Business & Money: 16 Jan 09
A drop in demand has moved Volvo Cars to reduce production at its main plant in Sweden in January and February, the company said on Friday.
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National: 3 Jan 09
The Stockholm stock exchange had a flying to start to 2009 after last year's historic crash. The exchange closed almost 5 percent up on Friday on the back of gains worldwide.
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Business & Money: 2 Jan 09
Automotive industry trade group Bil Sweden has called on the Swedish government to act to arrest the dramatic decline in car sales as new figures show a 17.3 percent drop in 2008.
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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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National: 18 Dec 08
The Social Democrats’ economic political spokesperson Tomas Eneroth slammed the government’s reaction to the problems plaguing the Swedish auto industry during a special debate in the Riksdag on Thursday.
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Society: 11 Dec 08
The Swedish government announced plans on Thursday to launch a 28 billion kronor ($3.42 billion) aid package for the country's beleaguered car industry.
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Business & Money: 4 Dec 08
Ford has said it wants to sell Volvo Cars for $6 billion, just shy of what the US carmaker paid when it bought the Swedish company a decade ago.
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Business & Money: 3 Dec 08
Saab's chief executive has said there are a number of companies interested in buying the Swedish car maker after owner General Motors announced it was up for sale.
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Business & Money: 2 Dec 08
Leading government ministers have angered unions and the opposition by ruling out the possibility of a state takeover of Volvo Cars should owner Ford elect to sell its Swedish subsidiary.
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Business & Money: 1 Dec 08
Swedish car maker Volvo has said it was not surprised by US auto company Ford's announcement on Monday that it was considering selling its Swedish subsidiary.
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Business & Money: 1 Dec 08
Ford and General Motors (GM) have asked the Swedish government for financial assistance in an attempt to improve the finances of Volvo and Saab ahead of the anticipated sale of the two brands.
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National: 29 Nov 08
The Swedish people want the state to bail out troubled car-maker and national icon Volvo, a new poll shows.
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Politics: 15 Nov 08
Centre party leader Maud Olofsson has called for a total ban on petrol-driven cars by 2025. The party has also called for a tighter eco-car definition and higher carbon taxes. Car-makers have reacted angrily to the plans.
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Society: 8 Oct 08
Volvo cars has announced plans to lay off more than 3,000 staff, including 2,000 factory workers and 700 office workers in Sweden.
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Travel: 26 Jun 08
Sweden's tourist industry is growing at a record pace with revenue from foreign tourists last year outstripping income from the country's main export industries.
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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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National: 26 Aug 07
Climate change can hardly be the reason, with a wetter Swedish summer hard to remember. But regardless of the rainfall, Swedes are buying cabriolets like never before.
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Society: 2 Jul 07
Sales of environmentally-friendly cars are at a record high in Sweden, which now enjoys the fastest-falling carbon dioxide emissions levels for new cars.
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Science & Technology: 13 May 07
By law, all car ads in Sweden must show the environmental class of the vehicle, its fuel consumption and its level of carbon dioxide emissions. But only twelve per cent do so, according to a new report.
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Business & Money: 10 May 07
German carmaker BMW wants to buy Gothenburg-based Volvo Cars from Ford, it has been reported. But analysts dismiss the speculation as 'silly'.
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Science & Technology: 18 Feb 07
Sweden wants an average emissions limit on private cars of 120 grammes of carbon dioxide per kilometre, environment minister Anders Carlgren has said.
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Business & Money: 8 Jan 07
Sweden's industry minister Maud Olofsson is in Detroit to talk about the future of the Swedish car industry with Ford and Volvo executives. And Olofsson's view of the future is green.
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Science & Technology: 2 Jan 07
Sales of cars that run on alternative fuels increased by 156 percent in Sweden in 2006. Over 36,000 'greener' cars were sold in Sweden last year, according to new figures.
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Society: 2 Aug 06
Hybrids, diesel and ethanol-powered cars are enticing Swedes in ever greater numbers. New registrations of 'green' cars increased by 390 percent last month compared to July 2005.
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Society: 25 Apr 05
Volvos and Saabs are still the safest in the world, according to a new study by insurer Folksam. And the chances of dying in a car crash are down 90 percent since the eighties.
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Smörgåsbord: 10 Jan 05
Sales of new cars in Sweden increased by 1.2 per cent to just over 264,000 last year.
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Smörgåsbord: 15 Dec 04
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Business & Money: 2 Nov 04
After a week of intense negotiations, Saab and the unions finally hammered out the details of their bid to secure production of GM cars. And the government came up trumps in this tense poker game by finding over two billion crowns to invest in the region.
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Sanna is one of 2 million people in Sweden under the age of 18. Sweden is seen as a good place to grow up. The law makes sure children are well-protected and defends their rights and any organizations work with children's well-being. Read more »
August Strindberg's plays shocked society, dazzled audiences and revolutionized drama. A century after his death, Strindberg, with his powerful, timeless themes, is celebrated around the world. Read more »
The story of K Composite Magazine »
"I’m working on a couple long articles which will be posted here soon. While those are in the works, I thought I’d share this article and interview about my magazine, K Composite, which was recently published on the site Design-Milk.com. Enjoy! Scott Ritcher launched his now digitally glossy mag, K Composite, back when Macs were used..." READ »
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