• Sweden edition

Car_industry

The following articles have been tagged with "Car_industry":

‘Turkish Saab’ would stay in Trollhättan: report

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. READ »

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. READ »

Muller: Saab bankruptcy 'the darkest day'

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”. READ »

Svanberg proposed to head Volvo board

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. READ »

Svanberg chosen to head Volvo board: report

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. READ »

Saab – what is a Swedish car anyway?

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. READ »

Swedes develop sci-fi style car test site

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. READ »

June figures dip in strong auto market

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. READ »

Sweden’s Saab - back to the future?

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. READ »

Saab faces tough battle to survive: experts

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. READ »

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. READ »

Volvo and Geely in two minds over China plans

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. READ »

SKF reports hike in profits after sales boost

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. READ »

Enterprise minister says no to airline bailout

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. READ »

Saab production lines roll again

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. READ »

Spyker chief to preserve Saab's 'Swedishness'

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. READ »

No deal with Spyker due to Russian owner

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. READ »

Sweden reacts with dismay to Saab closure

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. READ »

The Lowdown on classic car maker Saab

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. READ »

The Lowdown on von Koenigsegg

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. READ »

Koenigsegg backs out of Saab deal

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. READ »

Ford picks China's Geely to bid for Volvo Cars

National: 28 Oct 09
Chinese automaker Geely is the only remaining bidder for the purchase Volvo Cars. READ »

Geely confirms Volvo interest

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. READ »

Job cuts key to Swedish auto sector survival: experts

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. READ »

GM deadline puts pressure on Saab

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. READ »

GM chief proposes Volvo-Saab merger

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." READ »

GM plan leaves Saab’s future in doubt

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. READ »

Volvo Group says no to French loan for Renault

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. READ »

'We need to do more for bank sector': Borg

Politics: 30 Jan 09
Finance Minister Anders Borg spoke on Thursday of the need for Sweden to further bolster the banking sector. READ »

Volvo applies for massive European loan

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. READ »

'Bring back scrap bonus': Volvo

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. READ »

Volvo Cars to cut production in Sweden

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. READ »

Stock exchange in flying start to 2009

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. READ »

Trade group: 'Government must act to arrest car sales slide'

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. READ »

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. READ »

Car industry aid sparks heated debate

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. READ »

Sweden to launch car industry aid package

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. READ »

Ford values Volvo at $6 billion: report

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. READ »

'Saab has potential buyers': CEO

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. READ »

Opposition urges state car industry takeover

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. READ »

Ford mulls Volvo sale

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. READ »

Ford and GM seek Swedish aid: report

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. READ »

Poll: Swedes in favour of Volvo nationalization

National: 29 Nov 08
The Swedish people want the state to bail out troubled car-maker and national icon Volvo, a new poll shows. READ »

Centre party calls for petrol car ban by 2025

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. READ »

Volvo slashes 3,300 jobs

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. READ »

Record windfall from foreign tourists

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. READ »

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. READ »

Swedish drivers choose topless models

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. READ »

New record for low-emission car sales

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. READ »

Car industry ignores environmental labelling rules in advertising

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. READ »

BMW 'wants to buy Volvo'

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'. READ »

Sweden seeks emissions cut for private cars

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. READ »

Motown Maud looks to car industry's future

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. READ »

Swedes break green car record

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. READ »

Swedes embrace green motoring

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. READ »

Swedish cars safest, says report

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. READ »

Volvo concerned at EU spares plans

Smörgåsbord: 10 Jan 05
Sales of new cars in Sweden increased by 1.2 per cent to just over 264,000 last year. READ »

Saab submits bid as government boosts Trollhättan

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. READ »


Highlights from Follow Sweden

Meet Sanna, 9 years old

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 »

Strindberg, king of drama

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 »

 

Blog Update: Snuggling With the Enemy

20 May 17:38

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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Highlights from Follow Sweden
Swedish word of the day

lång

adjective

Lång means long, tall and can be used for height, distance or time.



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Highlights from Follow Sweden
New book about Sweden – get to know the country

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