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...
Used cars from Iceland go on sale
A new website has opened today to allow the export of high quality used cars from Iceland. Following various stories (including on IceNews) on the pos...
Volvo to lay off 3,000 staff in Sweden
On the back of a previous announcement to lay off 2,900 staff earlier this year, Volvo has revealed it plans to make an additional 3,000 employees red...
Green cars offered for rent in Reykjavik
Reykjavik rent a car, a car rental service in Iceland offering a wide range of cars, recently introduced their new offer of ecologically friendly cars...
Traffic could damage protected lake
According to local environmentalists, the largest lake in Iceland is under threat. Reports by IPS indicate that the construction of a new road in the ...