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February 14, 2012
Volvo
The following articles have been tagged with "Volvo":
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.
READ »
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.
READ »
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.
READ »
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?
READ »
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.
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 »
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.
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 »
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.
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 »
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.
READ »
'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.
READ »
'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.
READ »
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.
READ »
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.
READ »
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.
READ »
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.
READ »
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.
READ »
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.
READ »
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.
READ »
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.
READ »
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.
READ »
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.
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 »
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.
READ »
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.
READ »
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.
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 »
Holding back wages 'last resort': experts
National: 23 Jun 11
The future of disaster-riddled carmaker Saab doesn’t look bright, according to several analysts, who say that holding back salaries is a company’s very last way out.
READ »
Agency denies inflating China deal job figures
Business & Money: 13 Jun 11
Invest Sweden, the state agency tasked with attracting foreign investment to Sweden, has denied reports that it inflated figures detailing the number of jobs created by deals it brokered with Chinese companies.
READ »
Police face machine gun fire in bank robbery
National: 18 May 11
A branch of Handelsbanken in Flen in eastern Sweden was robbed on Wednesday morning by masked men armed with machine guns. Police later issued a nationwide-alert in hopes of catching the perpetrators.
READ »
Volvo Cars reports sales, profits boost
Business & Money: 12 May 11
Swedish automaker Volvo Cars reported a profit of 2.34 billion kronor ($369 million) for 2010, marking a massive swing back into profit compared 2009.
READ »
Saab secures partnership with Chinese firm
Business & Money: 3 May 11
Saab has entered into a "strategic partnership" with Chinese Hawtai Motor Group, who plan to invest billions of kronor into the Swedish firm, it was announced on Tuesday.
READ »
Scania profits soar as new order growth lags
Business & Money: 28 Apr 11
Swedish truckmaker Scania announced a 77 percent profit rise for the first three months of 2011, although growth in new orders grew more modestly.
READ »
Volvo upbeat despite Japan impact warning
Business & Money: 27 Apr 11
Swedish truck maker Volvo Group reported strong first quarter earnings on Wednesday, although the firm warned that the Japan disaster could impact its second quarter.
READ »
Putin in Sweden: visa rules to be eased
Politics: 27 Apr 11
At a meeting in Stockholm with Swedish Prime Minister Fredrik Reinfeldt, Russian Prime Minister Vladimir Putin announced that visa regulations would be eased while emphasising economic cooperation between the countries.
READ »
Volvo under fire for Shanghai show 'babes'
Business & Money: 20 Apr 11
When Volvo Trucks opened their display for press at the Auto Shanghai 2011 fair on Tuesday, a number of women in evening dresses and high heels were there to greet the gathered journalists.
READ »
Volvo helps pioneer 'hands-free' driving
Analysis & Opinion: 18 Apr 11
Swedish carmaker Volvo wants to let drivers kick back, take their hands off the wheel, and catch up on a little TV while barreling down the motorway, all in the name of improving road safety, The Local's Geoff Mortimore explains.
READ »
Volvo Cars plans to hire 1,200 new staff
Business & Money: 29 Mar 11
Swedish car maker Volvo said Tuesday that it plans to hire 1,200 new employees, mostly engineers to meet the development of electric cars and production expansion.
READ »
Volvo Group names insider as new CEO
Business & Money: 16 Mar 11
Sweden's Volvo Group has appointed Olof Persson, current head of Volvo Construction Equipment, to take over as the heavy vehicle maker's new CEO following the departure of Leif Johansson.
READ »
Radiation fears prompt Volvo shut down in Japan
Business & Money: 15 Mar 11
Swedish truckmaker Volvo is shuttering operations of its Japanese subsidiary amid fears of radiation leaking from nuclear plants damaged in last week's devastating tsunami, the company said on Tuesday.
READ »
Ericsson tips Volvo head as new board chair
Business & Money: 3 Mar 11
Swedish telecommunications giant Ericsson announced plans on Thursday to appoint Leif Johansson, the outgoing CEO of Swedish heavy vehicle manufacturer Volvo, as its new chairman of the board.
READ »
Corporate deals set to take off in Sweden in 2011: report
Business & Money: 28 Feb 11
Sweden is one of the hottest markets in the Nordic region for corporate mergers and acquisitions, according to a new report.
READ »
Volvo unveils China investment plans
Business & Money: 25 Feb 11
Swedish carmaker Volvo hopes investing billions of dollars to create a manufacturing base in China will help the company become a global luxury brand, a report said Friday.
READ »
Truckmaker Volvo drives back to profit in 2010
Business & Money: 4 Feb 11
Swedish heavy vehicles maker Volvo Group returned to profit in 2010, the company reported on Friday, despite a less-than-stellar fourth quarter.
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 opens new China headquarters in Shanghai
Business & Money: 25 Jan 11
Swedish automaker Volvo opened its new China headquarters in Shanghai on Tuesday in its latest bid to expand its market share in the country.
READ »
Swedes shy away from stock market: study
Business & Money: 19 Jan 11
The number of Swedes playing the stock market dropped in 2010, according to new statistics, while telecom firms Ericsson and TeliaSonera topped the list of Swedish firms with the most shareholders.
READ »
Scania and Volvo in EU competition probe
Business & Money: 18 Jan 11
Swedish truckmakers Scania and Volvo AB are among the companies included in a cartel investigation launched by the European Commission on Tuesday.
READ »
Derailment cuts off trains to northern Sweden
National: 18 Jan 11
Train service on Sweden's northern main line will be interrupted for several days after a derailment in Jämtland on Monday evening.
READ »
China to be Volvo's 'second home market'
Business & Money: 12 Jan 11
China may be the largest market for Volvo Cars by the end of 2011, as the company looks to increase sales in China six-fold by 2015, according to the head of Volvo’s China operations.
READ »
Stockholm bomber trained in Iraq: official
National: 7 Jan 11
Three months before the bomb blasts in Stockholm last month, the suicide bomber trained in Mosul in Iraq and learned how to make bombs, the director of the fight against terrorism in Iraq said on Friday.
READ »
Sweden's Volvo Cars increases sales in 2010
Business & Money: 7 Jan 11
After two straight years of slumping sales, Sweden's Volvo Cars bounced back in 2010 despite continued weakness in the US.
READ »
Workers canned for 'disloyal' Facebook post
National: 3 Jan 11
Three workers at at a Volvo engine plant in central Sweden were given their marching orders after one of them described his place of work as a 'madhouse' in a Facebook status update.
READ »
Volvo mulls Chinese plant within two years
Business & Money: 27 Dec 10
Volvo Cars CEO Stefan Jacoby has confirmed that the firm wants to open a new assembly plant in China in two years.
READ »
Sweden bomber fulfilled al-Qaeda threat: will
National: 13 Dec 10
The man suspected of carrying out Saturday's bomb attacks in Stockholm claimed in a purported will that he was fulfilling a threat by al-Qaeda in Iraq to attack Sweden, a terror monitoring group said on Monday.
READ »
AB Volvo CEO to resign next summer
Business & Money: 8 Dec 10
After almost 14 years as president and CEO of AB Volvo, Leif Johansson announced his intention on Wednesday to resign in conjunction with his 60th birthday next summer.
READ »
Volvo and Geely clash on China expansion
Business & Money: 3 Dec 10
Volvo Cars and its Chinese owner Geely appear headed on a collision course regarding Volvo's expansion in China, the Financial Times reported late on Thursday.
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 »
Volvo partners with WWF to reduce CO2 emissions
Science & Technology: 4 Nov 10
Sweden's Volvo Group announced on Thursday that it will become the world's first vehicle manufacturer to join the World Wide Fund for Nature's (WWF) Climate Savers Program, aiming to work towards becoming CO2-neutral.
READ »
Scania accused of Iraq oil-for-food bribes
Business & Money: 1 Nov 10
Managers from Swedish truckmaker Scania are expected to be charged for violating United Nations sanctions for their role in paying millions of kronor in bribes to the former Iraqi regime of Saddam Hussein.
READ »
Volvo Cars expects to end year positively
Business & Money: 29 Oct 10
Volvo Cars continues to guide for a full-year positive result after announcing it has achieved an operating profit in the third quarter.
READ »
Swedish mums seek more kids time: study
Society: 27 Oct 10
Swedish mums would like to spend more time with their kids, half think that other mums would like to be housewives if they could, while six of ten feel that fathers take more responsibility in the home, a new survey has shown.
READ »
Profits jump for Swedish truckmaker Scania
Business & Money: 25 Oct 10
Swedish truckmaker Scania reported a steep rise in third-quarter profits on Monday, although a slow economic recovery in Europe kept sales figures below expectations.
READ »
China now Volvo's third-largest market: reports
Business & Money: 23 Oct 10
China has become the third-largest market for Volvo following its acquisition by Chinese automaker Geely, state media reported Saturday.
READ »
Profits at truckmaker Volvo beat expectations
Business & Money: 22 Oct 10
Swedish truckmaker Volvo has shifted back into profit, reporting third-quarter profits of 2.81 billion kronor ($422 million) on Friday.
READ »
Wanted: 50 Volvo employees in China
Business & Money: 12 Oct 10
Volvo Cars is looking to relocate about 50 employees from Sweden to China as more details emerge about Geely’s plans for the Swedish carmaker's operations in China.
READ »
Saab in talks with Volvo on production: report
Business & Money: 7 Oct 10
Saab Automobile and Volvo Cars are in talks for production collaboration, Reuters reported on Thursday, citing a spokesman from Saab owner Spyker Cars.
READ »
Volvo scraps COO post in management reshuffle
Business & Money: 5 Oct 10
Volvo Cars has removed its chief operating officer post in a realignment of management roles at the company. An executive from China's Geely is also set to take over a new role.
READ »
Alliance touts strong economy in election bid
Analysis & Opinion: 15 Sep 10
From speeches to press conferences, Sweden's ruling centre-right coalition has tirelessly pumped forth the country's sound economic performance in its re-election bid ahead of Sunday's election, writes AFP's Marc Preel.
READ »
China's Geely outlines ambitious Volvo plans
Business & Money: 14 Sep 10
The head of Chinese automotive firm Geely has presented ambitious plans for the future of Volvo Cars, aiming to double global sales by promoting the brand in China.
READ »
Alliance touts tax cuts in election manifesto
Politics: 26 Aug 10
The ruling Alliance coalition has promised its fifth in-work tax credit if it wins the election next month, it promised as it rolled out its manifesto on Thursday.
READ »
Geely to build large Volvo factory in China
Business & Money: 20 Aug 10
The official website of the district of Jiading in Shanghai has announced that Volvo has decided to set up its Chinese headquarters and factory there.
READ »
Saab and Volvo speed up production
Business & Money: 13 Aug 10
Swedish carmakers Saab and Volvo have both increased production to satisfy rising demand for their cars. Several hundred workers who had previously been laid off have been rehired.
READ »
Indian Volvo workers strike over pay
Business & Money: 3 Aug 10
About 600 employees of a Volvo bus plant near Bangalore in India are striking for better pay and the return to work of four colleagues suspended following a dispute.
READ »
China's Geely completes Volvo purchase
Business & Money: 2 Aug 10
Chinese car maker Geely Holdings formally completed its deal to buy Sweden's Volvo Cars from US auto giant Ford at a ceremony in London on Monday, the firm has confirmed.
READ »
Geely gets second green light for Volvo purchase
Business & Money: 30 Jul 10
A second Chinese government body had approved China's Zhejiang Geely Automobile's plan to buy Swedish automaker Volvo from Ford, the company announced on Thursday.
READ »
China approves Geely's takeover of Volvo
Business & Money: 29 Jul 10
China's Ministry of Commerce has approved Zhejiang Geely Holding's plans to buy Sweden's Volvo Cars from Ford, a report said on Thursday.
READ »
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.
READ »
Volvo Trucks posts surprise Q2 profit
Business & Money: 22 Jul 10
Volvo Trucks, the world's second-largest maker of heavy-duty trucks, reported unexpectedly strong quarterly profits on Thursday and maintained its forecast of recovery in US and European markets.
READ »
Geely head to lead Volvo Cars
Business & Money: 16 Jul 10
Li Shufu, the chairman of Chinese firm Geely, will also lead Volvo Cars when the acquisition of the Swedish firm is complete, the two firms said on Thursday.
READ »
Geely expects third quarter Volvo deal
Business & Money: 8 Jul 10
China's Zhejiang Geely Holding expects to complete the purchase of Sweden's Volvo Cars in the third quarter, the firm said Thursday after the European Commission cleared the takeover earlier this week.
READ »
EU approves Geely Volvo purchase
Business & Money: 7 Jul 10
The takeover of Sweden's Volvo Cars by Chinese carmaker Zhejiang Geely Holding and a Chinese regional state investment fund was cleared by the European Union's competition watchdog on Tuesday.
READ »
Volvo recalls 77,000 trucks
Business & Money: 29 Jun 10
Swedish truck-maker Volvo announced on Monday plans to recall 77,000 trucks in North America due to the risk of rust in the steering mechanism which in rare cases could cause drivers to lose control of the vehicle.
READ »
Fewer fatalities in Midsummer traffic
Society: 28 Jun 10
Five people died on Swedish roads over the Midsummer weekend, representing a significant decline on recent years.
READ »
Chinese state investor gets 40 percent of Volvo
Business & Money: 24 Jun 10
Volvo Cars now has a government partner among its investors, but it is not the Swedish state, TV4's business news program Ekonominyheterna reported late on Wednesday.
READ »
Volvo recalls 30,000 cars worldwide
Business & Money: 22 Jun 10
Swedish car firm Volvo has announced the recall of 29,299 of its care worldwide over a gear stick problem which could make it harder for drivers to shift gears.
READ »
Volvo shareholder keen on Renault stake
Business & Money: 21 Jun 10
Swedish holding company Industrivärlden, Volvo Group's second largest shareholder, has confirmed its interest in buying some or all of Renault's stake in the Swedish truckmaker.
READ »
Volvo sales continue rise in Europe
Business & Money: 15 Jun 10
Swedish carmaker Volvo is continuing to triumph in the European car market. In May, the company increased sales by 18.6 percent while the overall market shrank.
READ »
Car registrations rise sharply in May
Business & Money: 1 Jun 10
In May, 24,994 new passenger cars were registered, according to industry organization Bil Sweden, an increase of 37.2 percent from last year.
READ »
Olofsson happy with Geely Volvo assurances
Business & Money: 21 May 10
Sweden's enterprise minister Maud Olofsson has discussed the Volvo-Geely deal with senior Chinese management and received confirmation that the firm plans to retain its Swedish connection and maintain production in the country.
READ »
Volvo mulls recall over engine problem
Business & Money: 4 May 10
Swedish car maker Volvo warned customers on Monday that it was considering a recall of eight models after the discovery of an engine problem that could cause their cars to suddenly accelerate.
READ »
Geely reveals Volvo China production plans
National: 1 May 10
Chinese car maker Geely plans to begin production in China of Volvo S60 cars and XC90 SUVs once it completes the purchase of the Swedish brand from US auto giant Ford, a top Geely Automobile executive has revealed.
READ »
Swedish pavilion at Expo aims to strengthen country's brand
National: 30 Apr 10
The Swedish Pavilion at the 2010 World Expo, which opens on Saturday in Shanghai, aims to both increase Sweden's visibility in China and promote trade in the country.
READ »
Volvo stock responds to positive report
Business & Money: 23 Apr 10
Swedish truck maker Volvo AB topped the list of winners as the Stockholm stock exchange opened for business on Friday after reporting positive interim figures.
READ »
Stranded in Europe - readers' tales
National: 22 Apr 10
The week-long air travel chaos brought about by the eruption of a volcano in southern Iceland has led to thousands of travellers finding themselves stranded across Europe. The Local has asked a few of them how they have coped.
READ »
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.
READ »
Geely comments raise doubts over Volvo buy
Business & Money: 13 Apr 10
Geely CEO Gui Sengyue has once again caused ripples of concern in Sweden after comments indicating a less independent role for Volvo within the Chinese firm.
READ »
April in Sweden: twigs, jigs and pagan rites
Lifestyle: 13 Apr 10
The Year in Sweden - April: Journalist Kim Loughran sketches a month by month account of the country he has called home ever since his accidental migration in 1966.
READ »
Volvo Group faces Thai damages writ
Business & Money: 1 Apr 10
Sweden's Volvo Group has been sued by a Thai truck dealer for 10.5 billion baht ($324 million) for allegedly unlawfully terminating two contracts.
READ »
20 things to know before moving to Sweden
As diverse as Sweden is, there are a few societal norms that are distinctly Swedish. Understanding a handful of them will hopefully prepare you culturally before you relocate. When you're invited home to a Swede, you better be on time and take your shoes off, writes expat Lola Akinmade-Åkerström. Read more »
How far can English take you in Sweden?
Sweden is a country where almost everyone can speak English. So why bother to learn Swedish? Edina Varnagy from Hungary managed with English for a whole year but then found that Swedish could open doors – to a job, a social life and greater understanding. Read more »
"The ice dripped in the winter sun. It was the first day when the light had been intense enough to cause dripping in the sunlight. To hear it was an extraordinary wakeup call. The cycle was happening again as it always does, always will (or so we think). I imagined that on my summer island, the bees..." READ »
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fin
adjective
Fin means anyhting from sweet to proper. When someone says, Du är så fin it's quite a compliment.
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