Volvo
The following articles have been tagged with "Volvo":
EU green lights Volvo and Dongfeng merger
Business & Money: 8 May 13
The European Commission has approved the merger of Sweden's Volvo Trucks and China's Dongfeng Motor, in what will create the biggest truck maker in the world.
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Why social democrats in Sweden love Springsteen
Analysis & Opinion: 7 May 13
With Bruce Springsteen playing to sell-out crowds at Stockholm's Friends Arena, political scientist Stig-Björn Ljunggren explains why Sweden's old-school social democrats recognize themselves in The Boss's attempt to balance a political commitment with living in a consumer society.
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'Invisible thread' can help fight fashion pirates
Business & Money: 7 May 13
Name brand fashion designers may soon have a new tool in their fight against pirated knockoff garments thanks to an "invisible thread" developed at Chalmers University of Technology in western Sweden.
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Why I can't shake the Abba bug: a confession
Lifestyle: 6 May 13
A Philippine doctor's tale of how watching Abba on a small black and white TV 30 years ago turned his life upside down, leaving him no choice but to cross the planet for the opening of the Abba museum in Stockholm.
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Historic prayer call heard at Stockholm mosque
National: 26 Apr 13
Worshippers at the Fittja mosque in southern Stockholm on Friday heard Sweden's first-ever call to prayer, which brought some congregation members to tears of joy.
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Volvo posts biggest loss since financial crisis
Business & Money: 25 Apr 13
Swedish heavy vehicle maker Volvo on Thursday posted a quarterly loss of 101 million kronor ($15.3 million), which came as a shock to market analysts who had predicted profits of over 1 billion kronor.
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Volvo Cars expected to post major losses
Business & Money: 18 Apr 13
Volvo Cars looks likely to post heavy losses for 2012 in China, due to weaker than expected sales in the world's biggest auto market.
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'Dangerous' Swedes in Volvos arrested in Zurich
National: 5 Apr 13
Three Swedes visiting Zurich were shocked on Thursday when local police pulled over their black Volvo station wagons and arrested them at gunpoint.
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Google 'ideal employer' for Swedish students
Business & Money: 14 Mar 13
A majority of Swedish business, IT, and science engineering students would like to land a job with Google, according to the 2013 Ideal Employer Rankings.
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Spotify launches in-car collaboration with Volvo
Science & Technology: 6 Mar 13
Swedish music giant Spotify announced on Tuesday that it had launched its new in-car entertainment product for Volvo drivers with touch-enabled dashboards.
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Geely 'won't jeopardize Volvo integrity'
Business & Money: 21 Feb 13
Volvo Cars owner Geely plans to create a research centre in Gothenburg, western Sweden, to capitalize on advanced European technology without harming Volvo's brand.
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Sales slumber prompts 1,000 Volvo job cuts
Business & Money: 20 Feb 13
Volvo Cars said on Wednesday it was preparing to axe 1,000 mostly white-collar jobs as car sales in Europe have fallen to a two-decade low.
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Volvo offers sneak peek of new car models
Business & Money: 19 Feb 13
Volvo Cars unveiled updated versions of several of its larger vehicle models on Monday with modifications designed to make them feel more luxurious and boost fuel efficiency.
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Volvo sale helps Renault post a profit
Business & Money: 14 Feb 13
Half of French automaker Renault's $2.4 billion net profit from last year came from selling a stake in Swedish group AB Volvo.
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Snowplough used in bold Stockholm jewel heist
National: 12 Feb 13
Robbers used a snowplough to smash their way into a jewellery store in southern Stockholm on Monday afternoon with police still on the hunt for suspects in the brazen heist.
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Profits plummet for Sweden's Volvo Group
Business & Money: 6 Feb 13
Swedish truck and heavy vehicles maker Volvo AB saw fourth quarter profits plunge, landing well below expectations, with year-end results also down compared to 2011.
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Swedish mechanics in short supply: industry
Business & Money: 4 Feb 13
As the transport sector grows and vehicle design becomes more complex, Sweden faces a shortage of mechanics, an industry organization has warned.
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Volvo partner blacklisted by Swedish pension fund
Business & Money: 29 Jan 13
Dong Feng, owners of a Chinese truckmaker in which Volvo recently purchased a 45 percent stake, has been blacklisted by a major Swedish state pension fund for allegedly violating a United Nations weapons embargo.
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Volvo takes pole after China truck purchase
Business & Money: 26 Jan 13
Swedish truckmaker Volvo claims to have become the largest global manufacturer of heavy trucks after completing the purchase of 45 percent of Chinese firm Dongfeng Commercial Vehicles (DFCV).
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Ex-CEO slams Volvo Cars over sacking
Business & Money: 10 Jan 13
Stefan Jacoby, the ex-CEO of Volvo Cars, has admitted to feeling cheated by his old company after they fired him last year halfway through his recovery from a stroke.
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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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Volvo ponders luxury factory in India
Business & Money: 28 Dec 12
Swedish car giant Volvo said on Thursday it was looking into the possibility of opening car manufacturers in India in an effort to double their global sales.
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CEO: 'very difficult' for Volvo Cars to avoid loss
Business & Money: 19 Dec 12
The head of Volvo Cars warned in an interview on Tuesday that it would be "very difficult" for the company to avoid losing money this year and next.
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Ericsson to help Volvo cars connect to the net
Science & Technology: 17 Dec 12
Volvo cars are about to get "smarter" thanks to a partnership with Ericsson that will let drivers and passengers access a range of web-based services directly from the dashboard.
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God and Vikings: Ricky Gervais hits Stockholm
Lifestyle: 17 Dec 12
After British comedian Ricky Gervais performed in Stockholm on Sunday night, The Local’s Oliver Gee reflects on why a liberal Swedish crowd took such delight in the mostly dark and, many would argue, offensive humour.
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Swedish Christmas: how do you celebrate yours?
Lifestyle: 14 Dec 12
Counting down the days to Swedish Christmas or can't wait to leave the country? With help from readers of The Local, Christine Demsteader ponders celebrations and tribulations for foreigners during the festive season.
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Volvo Cars to refinance loans with Chinese help
Business & Money: 14 Dec 12
Volvo Cars said on Thursday that it had received a loan of €922 million ($1.2 billion) from the China Development Bank in a move to refinance Volvo's other loans.
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Renault sheds shares in Sweden's Volvo Trucks
Business & Money: 13 Dec 12
French carmaker Renault said Wednesday it had begun to sell off its remaining shares in Swedish truck manufacturer AB Volvo to reduce the company's debt and raise funds for investment.
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Volvo aims for 'no-death' new cars by 2020
Business & Money: 4 Dec 12
Swedish carmaker Volvo hopes smart functions in its vehicles will result in zero deaths or injuries in new Volvos by 2020, a top manager said on Monday.
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Staying private key to Ikea's success: Kamprad
Business & Money: 4 Dec 12
Ikea founder Ingvar Kamprad on Monday reiterated his intention to keep the Swedish furniture retailer private as he inaugurated a fellowship in honour of his late wife.
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Volvo drives cash into its Swedish factories
Business & Money: 3 Dec 12
Volvo Cars will spend almost half of a multi-billion investment on its production in Sweden, the company said in a statement on Monday.
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Ex-Scania managers charged over Iraq deal
Business & Money: 15 Nov 12
Two ex-managers for the Swedish truck maker Scania have been charged with violating UN sanctions against the Saddam Hussein regime in Iraq, Sweden announced on Wednesday.
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Former Volvo CEO to receive generous pay-off
Business & Money: 5 Nov 12
Former Volvo Cars CEO Stefan Jacoby, who left his post after two years due to ill health, will not be leaving empty handed. According to company policy he is entitled to some 8 million kronor ($1.2 million) in severance pay.
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Stockholm – where the past and the future combine
Education: 22 Oct 12
With three institutions in the top 100 of the Academic Ranking of World Universities and as home to the likes of Ericsson, Ikea, Electrolux, Spotify, Volvo and many more global corporations, Sweden is already an attractive proposition for the next generation of academics, researchers, engineers and entrepreneurs.
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Former MAN chairman named new Volvo CEO
Business & Money: 19 Oct 12
Volvo Cars board member Håkan Samuelsson, who previously served as chairman of German truckmaker MAN, has been named the new Volvo CEO, taking over from current head Stefan Jacoby who suffered a stroke in September.
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Volvo halts production at Swedish plant
Business & Money: 15 Oct 12
Volvo Cars announced Monday that the there would be a week-long stop to production at one of their primary plants following a sluggish European auto market.
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Volvo Buses to shut down Swedish factory
Business & Money: 3 Oct 12
Volvo Buses is closing down its facility in Säffle in central Sweden and concentrate on production in Poland, the company announced on Wednesday, putting 400 jobs at risk.
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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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Volvo turns to eBay for innovative truck auction
Business & Money: 20 Sep 12
Swedish truckmaker Volvo has turned to internet auction site eBay to sell the first edition of the Volvo FH truck in a charity listing complete with videos of the truck in daredevil stunts filmed by Hollywood directors.
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'Olof Palme was more American than Swedish'
Analysis & Opinion: 18 Sep 12
With a new film once again turning Swedes' attention toward Olof Palme, historian and political commentator David Linden argues the assassinated Swedish Prime Minister was, in many ways, more of an American politician than a Swedish one.
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Volvo slashes consultant staff, pressures suppliers
Business & Money: 14 Sep 12
Volvo Cars cut 400 consultant jobs on Friday and warned suppliers they would have to cut prices by 20 percent by 2015 if they wanted to be a part of the Swedish automaker's plans to expand production.
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Volvo profits plummet as global sales slump
Business & Money: 5 Sep 12
Swedish carmaker Volvo reported an 84 percent drop in operating profit through the first half of the year compared to 2011 amid slumping sales and tough competition.
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‘Are they devil-worshippers looking for their next sacrifice?’
Lifestyle: 4 Sep 12
Shocked by the warm welcome he received by the natives, ex-Londoner Paul Connolly finds that the friendliest neighbours come from northern Sweden.
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Model sues Volvo for millions over 'escort' ad
Business & Money: 16 Aug 12
An American model is suing Swedish carmaker Volvo for $23 million over claims that she was made to look like an escort in a recent ad campaign.
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Five things you didn’t know about Sweden’s diversity
Analysis & Opinion: 13 Aug 12
Contributor Lola Akinmade Åkerström finds that there are few topics that get Sweden boiling with debate more than immigration, integration and all that comes in between.
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‘Bank robbers are hiding in the woods’: police
National: 9 Aug 12
The three armed men who robbed a bank on Monday morning are believed to be hiding in the woods near the Norwegian border, with police revealing that they escaped with 100,000 kronor ($14,945) - in coins.
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'Dangerous' bank robbers still on the run
Business & Money: 8 Aug 12
The search for the three masked men who robbed a bank in western Sweden on Tuesday morning continued through the night, with police warning the public that the men are armed and dangerous.
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Armed robbers escape after bank heist
National: 7 Aug 12
Three armed men are on the run after attempting to rob a bank in western Sweden, with police believing they may have escaped into Norway.
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Fake cop escapes after highway robbery
National: 7 Aug 12
A man impersonating a police officer has escaped with a gold necklace after a botched car theft saw him dragged from the scene of the crime by a suspicious female motorist.
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Swedish couple destroy two cars in head on crash
Society: 2 Aug 12
A man and wife in northern Sweden were recently involved in a head-on collision, resulting in the destruction of both cars, when they crashed into each other on the road to their house.
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Almedalen reflections: more English, please
Analysis & Opinion: 13 Jul 12
With the 2012 installment of Almedalen having come and gone, correspondent and commentator David Linden reflects on what makes the event so Swedish and why having more in English might not be such a bad thing.
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US man's Volvo nears 3 million mile mark
Society: 10 Jul 12
A US motorist who bought a Volvo in 1966 and already holds a Guinness World Record is about to pass the 3 million mile (4.8 million kilometre) mark in the nearly 50-year-old Swedish brand car.
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'Exploding iPhone' leaves Swedish man in shock
Science & Technology: 9 Jul 12
An ex-Volvo engineer in Sweden who recently tried to change the battery on his iPhone got a shock and lost a tooth after the popular Apple smartphone exploded and caught fire.
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Volvo sells aerospace unit to Britain's GKN
Business & Money: 5 Jul 12
Sweden's Volvo AB announced on Thursday it was selling its Volvo Aero aerospace engine subsidiary to British vehicle engineering group GKN for 6.9 billion kronor ($987 million).
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Scholarships help students realise Swedish university dreams
Study in Sweden: 3 Jul 12
If you want to study at a Swedish university as an international student, a scholarship could help you secure funding to cover the cost. Chalmers University of Technology in Gothenburg offers a range of scholarships sponsored by foundations, the Swedish state and business.
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Utopia meets reality - Sweden after Stieg Larsson's Millennium trilogy
Analysis & Opinion: 26 Jun 12
Sweden – a country of sexually liberated people, sensible cars and flat-pack furniture, or a modern society battling with violence, injustice and men who hate women? The Local's Rebecca Martin looks at how the success of Stieg Larsson’s Millennium trilogy has affected Sweden’s image abroad.
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'Driverless' Volvos hit streets in 'world first'
Business & Money: 30 May 12
A convoy of Swedish made Volvo cars became the first in the world to be "self-driven" on public roads after they took to the streets of Barcelona.
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How Bergman blazed a trail for Swedish film
Education: 23 May 12
How did a small country like Sweden come to produce so many brilliant film directors? In part, at least, because one particularly talented man led the way.
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Stockholm car chase follows axe robbery
National: 30 Apr 12
Stockholm police were in hot pursuit of three men armed with an axe and a pistol who attempted to rob a money transport vehicle outside a galleria in the chic Stockholm district of Östermalm around lunchtime on Monday.
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Drunk man charged with hijacking brewery truck
National: 26 Apr 12
An inebriated man from southeastern Sweden has been charged with hijacking a brewery truck loaded full of empty bottles outside one of Sweden’s state run alcohol retailers, spreading broken glass in his wake.
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China and Sweden sign deals during Wen visit
Business & Money: 25 Apr 12
A plethora of deals were signed by Chinese prime minister Wen Jiabao and Swedish companies during his visit to Sweden, including agreements between carmaker Volvo and telecom giant Ericsson.
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Five deals on the table during Chinese visit
Business & Money: 24 Apr 12
When Chinese prime minister Wen Jiabao visited Sweden on Tuesday, it was to sign a series of trade deals, including a major investment with car manufacturer Volvo, according to media reports.
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Swedish start-ups booming: investor
Business & Money: 23 Apr 12
A record number of investors flocked to the Stockholm School of Entrepreneurship Start-Up Day and have indicated that Sweden will be a hub for new start-ups in the wake of Spotify and Skype’s global success.
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Gothenburg road flushed away by leaking pipeline
Science & Technology: 21 Apr 12
Water from a leaking pipeline has flushed away a section of a road on Hisingen in Gothenburg. The ruined road is country road 155, connecting central Gothenburg with districts Torslanda and Öckerö.
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Take a survey to make life easier for expats
Lifestyle: 18 Apr 12
Take a few minutes to fill out a survey aiming to help make life easier for expats in Stockholm. By doing so, you might even with a Baltic Sea cruise!
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Volvo execs convicted for Saddam-era bribes
Business & Money: 4 Apr 12
Two former Swedish executives with Volvo's construction equipment subsidiary were convicted on Tuesday for paying bribes to the regime of Saddam Hussein to bypass restrictions related to the United Nations’ Oil-for-Food Programme.
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Volvo confirms Jeremy Lin endorsement deal
Business & Money: 21 Mar 12
American basketball star Jeremy Lin has officially signed a deal with Swedish car manufacturer Volvo, with the company hoping he will boost interest in their products among Chinese car buyers.
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Volvo 'in talks' with NBA superstar Jeremy Lin
Sport: 15 Mar 12
Swedish auto manufacturer Volvo Cars is reportedly in talks with Asian-American basketball star Jeremy Lin in hopes he will endorse their product and bring greater awareness of Volvo in China.
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Students opt for Swedish companies: survey
Business & Money: 14 Mar 12
Swedish students have their eye on home-grown companies when it comes to joining the work force after graduation, according to a recent survey.
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Sexy Volvo, clever Saab, and Swedish massage
Lifestyle: 13 Mar 12
The Local catches up with James May, host of the hit British car show Top Gear, to learn which Swedish cars are driven by yummy mummies, why he opted not to buy Saab for £1 and his stance on the elk-moose debate.
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Volvo unveils first car with 'pedestrian' airbags
Science & Technology: 6 Mar 12
A new Volvo V40 hatchback, equipped with the latest in safety features including the first ever “external“ airbag system, was unveiled at the Geneva Motor Show on Tuesday.
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Volvo Cars makes bid for bankrupt Saab: report
Business & Money: 23 Feb 12
Swedish automaker Volvo Cars has placed a bid for large parts of its bankrupt counterpart Saab Automobile.
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Volvo owners to push car sales abroad: report
Business & Money: 22 Feb 12
Geely Holding Group, owners of Swedish brand Volvo, will begin distribution of vehicles outside the Chinese borders as domestic demand continues to slow, the company said on Wednesday.
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Volvo group announces record sales for 2011
Business & Money: 3 Feb 12
Volvo group, the world's second-largest truck maker, posted a 63-percent hike in its 2011 net profit on Friday, boosted by record sales, as well as a 43-percent hike in the fourth quarter.
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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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Average Swede likes sweets, booze, and TV
Society: 19 Jan 12
Despite Sweden's reputation as a home for attractive young blondes, the average Swede is 40+, munches on a weekly bag of sweets, washed down with a glass or two of alcohol, while relaxing in front of the TV, a new report shows.
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Why should I study in Sweden?
Study in Sweden: 17 Jan 12
It is a big step to study abroad, and the options are almost limitless. So what makes Sweden stand out as a study destination?
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Used Saabs hot property
Business & Money: 25 Dec 11
Although 2011 may have ended on a sour note for Saab employees, as the year draws to a close, the cars have suddenly become hot property again for bargain hunters and collectors.
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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.
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Parents reeling after attempted kidnapping
National: 9 Dec 11
Parents in Falun, in central Sweden, are keeping closer tabs on their children after a man tried to drag a 13-year-old boy into a car on Thursday.
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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.
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Volvo to add 10,000 staff: CEO
Business & Money: 28 Nov 11
Swedish automaker Volvo, owned by China's Zhejiang Geely, plans to hire a further 10,000 new staff in the coming years, its chief executive said in an interview to be published Monday.
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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.
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Ten Swedish brands everyone should know
Lifestyle: 8 Nov 11
While Ikea, H&M, and Ericsson are all well known Swedish brands, here's a list of ten more products and brands from the land of the midnight sun that any self-proclaimed Swedophile should also know.
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'Cautious optimism' over Saab's second escape from bankruptcy
Analysis & Opinion: 28 Oct 11
While the sale of Saab Automobile may have once again helped the troubled Swedish automaker avoid bankruptcy, uncertainties about possible layoffs and obtaining necessary approvals remain, the AFP's Nina Larsson explains.
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'The deal was crucial for Saab': expert
National: 28 Oct 11
In the wake of the news that Saab will be bought by Chinese firms Pang Da and Youngman, The Local spoke to business expert Mikael Wickelgren
of the University of Gothenburg to get some perspective on what this means for the cash-strapped carmaker.
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Chinese firms in deal to buy Saab Automobile
Business & Money: 28 Oct 11
Chinese automakers Pang Da and Youngman have agreed to purchase Saab Automobile, according to a statement issued Friday by Saab owner Swedish Automobile.
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Volvo Trucks slashes 450 jobs
Business & Money: 25 Oct 11
Swedish truck maker Volvo announced on Tuesday that it was cutting 450 jobs, after reporting that third quarter profit came in under expectations amid a shrinking European market.
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Scania cuts output amid slowing global growth
Business & Money: 10 Oct 11
Swedish truckmaker Scania on Monday announced a cut in production by up to 15 percent starting next month due to lower demand caused by a global economic slowdown.
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Volvo's Chinese owner interested in Saab: report
Business & Money: 6 Oct 11
China's Geely, owner of Volvo Cars, has indicated an interest in acquiring a stake in troubled Swedish automaker Saab Automobile, according to media reports.
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Volvo Diplomat Sales - more than just selling a car
Lifestyle: 4 Oct 11
If you're a diplomat or have tax-free status at an international organization, a special scheme from Volvo means that you can buy a premium car at favourable prices - and gain many benefits besides.
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Volvo Cars to close Uddevalla plant
Business & Money: 3 Oct 11
Volvo Car Corporation is terminating production at their plant in Uddevalla, in western Sweden, when they take over sole ownership of the company in 2013, the company announced on Monday.
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Volvo Trucks to refine performance indicators
Business & Money: 22 Sep 11
Sweden's Volvo Group, the world's second-largest truck maker, announced on Thursday plans to begin using new financial targets measuring not only growth but also how it fares against key competitors.
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Two die as train hits car
National: 5 Sep 11
Two young people died when their car hit a train in Horndal in Dalarna in central Sweden on Sunday evening.
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Volvo and Siemens rev up electric car venture
Business & Money: 31 Aug 11
Swedish automaker Volvo Cars has teamed up with German industrial group Siemens to develop technology for electric vehicles, the companies announced said Wednesday.
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Stockholm stock exchange plummets
Business & Money: 18 Aug 11
The Stockholm stock exchange was down 6.2 percent on Thursday afternoon when trading closed, making the drop the steepest since November 2008. A broad fall among other European stock markets means fears of a recession are mounting.
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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.
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Volvo cuts safety features on India market
Business & Money: 12 Aug 11
In a bid to increase its automobile market share in India, Volvo has announced that it will make more low specification versions of its range available, with fewer safety features and smaller engines.
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Stockholm stock market in record fall
Business & Money: 9 Aug 11
The Stockholm stock market fell 5.2 percent on Monday - the worst fall in nearly three years.
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Volvo profits up, cautious on outlook
Business & Money: 22 Jul 11
Swedish truck maker Volvo Group on Friday reported strong second quarter earnings but kept its forecasts unchanged on caution at the global economic outlook.
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