General Motors' announcement on Friday that it will wind down its lossmaking brand Saab Automobile brings an end to the iconic Swedish brand after six decades of car manufacturing.
Sweden's enterprise minster Maud Olofsson lamented the "very sad" news on Friday of the imminent demise of Saab Automobile, while also reiterating her long-held assertion that the government will not step in to save the brand.
The news that carmaker Saab is to be closed down by owner General Motors has been greeted with widespread dismay in Sweden.
US car maker General Motors is to shut down Saab as talks collapse with Dutch sportscar manufacturer Spyker over the acquisition of GM's Swedish unit, Reuters reports
Ericsson's Chinese competitor Huawei has made deep inroads into the Swedish company's home turf after securing a deal to deliver a major 4G network in Sweden.
Songs of the decade: The Local's editor Paul O'Mahony dips into the vaults and pulls out his ten favourite Swedish tracks of the last ten years.
An increased police presence has led to a distinct reduction in crime figures for flashpoint Malmö suburb Rosengård, according to local media reports.
Sweden's economy is showing strong signs of recovery with tax cuts and low interest rates helping to bring the country out of a protracted slump, according to a new report from the National Institute of Economic Research (Konjunkturinstitutet - NIER).
Social Democrat member of parliament Per Svedberg awoke shamefaced this week after making lewd advances in a state of undress to a female colleague at a Riksdag Christmas bash.
A Swedish bank inadvertently published a link to a porn site in a magazine distributed to hundreds of thousands of Swedish school children.
Swedish authorities have broken with a 45-year tradition and given the all clear for hunters to kill a total of 27 wolves next year in a bid to control the country's burgeoning lupine population.