China’s Geely buys Volvo
The Chinese car manufacturer Zhejiang Geely Holding has signed a deal to purchase the iconic Swedish Volvo brand from US car-maker Ford.
Saab sales in Sweden hit rock bottom
It’s not a good time to be a car dealer in Sweden. The lingering economic recession affected consumer car sales to the tune of a 13.9 percent drop in ...
Swedish sports car maker Koenigsegg buys Saab
The bankrupt US carmaker, General Motors has signed a preliminary agreement with the Swedish sports car manufacturer Koenigsegg to purchase Saab. All ...
Saab entertains buyout bids from three companies
The struggling Swedish automotive producer Saab is up for sale, and three bidders from different countries have emerged as the most likely winners in ...
Sweden releases more details of huge auto bailout
As reported unofficially last week, Sweden’s government has now confirmed it has decided to bail out its crippled auto industry by providing emergency...
Sweden to bail out its automakers
A report in the Swedish business press has disclosed that Sweden’s government is prepared to give a series of loans and loan guarantees worth billions...
Swedes want government bailout for Volvo
In a new survey just released, 68 percent of Swedes want to see the Swedish government bail out its beleaguered carmaker Volvo. Although Volvo is owne...
Norwegians get licence to express themselves
The debate has been raging in Norway for nearly four decades over the vanity-centred issue of whether to allow personalised number plates on Norwegian...