https://feeds.thelocal.com/ Read the latest news and views from Sweden in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed French carmaker Renault said Wednesday it had begun to sell off its remaining shares in Swedish truck manufacturer AB Volvo, which has a market value of around 13 billion Swedish kronor ($1.9 billion), to reduce the company's debt and raise funds for investment. https://www.thelocal.se/20121213/45036 Thu, 13 Dec 2012 07:15:00 +0100 45036 Volvo Cars will spend almost half of a multi-billion investment on its production in Sweden, the company said in a statement on Monday. https://www.thelocal.se/20121203/44814 Mon, 03 Dec 2012 13:17:00 +0100 44814 Saab has announced official figures of their multi-billion kronor debt, as the struggling car manufacturer and its assets go under the hammer on Tuesday. https://www.thelocal.se/20120410/40174 Tue, 10 Apr 2012 14:25:00 +0200 40174 Swedes showed a renewed zeal for buying new cars in December, with new vehicle registrations shooting up 13 percent compared to the previous year, new statistics show. https://www.thelocal.se/20100104/24186 Mon, 04 Jan 2010 12:39:00 +0100 24186 Sales figures for Saab Automobile continue to disappoint, dipping 61.7 percent in September compared with the year before. Meanwhile, Volvo’s car sales jumped 8.1 percent. https://www.thelocal.se/20091015/22682 Thu, 15 Oct 2009 18:32:00 +0200 22682 A nearly four percent increase in worldwide sales for Volvo Cars in August signals a turning point, according to company head Stephen Odell, despite a continued sales drop in Europe. https://www.thelocal.se/20090915/22088 Tue, 15 Sep 2009 13:26:00 +0200 22088 Car sales in Sweden have fallen off so sharply that Japanese automaker Toyota was forced to lease a cargo ship in Malmö to store 2,500 unsold cars, according to a port official. https://www.thelocal.se/20090304/17972 Wed, 04 Mar 2009 07:53:00 +0100 17972 Senior General Motors executive Bob Lutz has suggested that a solution to the problems faced by Swedish car firms Volvo and Saab would be to merge them. https://www.thelocal.se/20090303/17960 Tue, 03 Mar 2009 13:06:00 +0100 17960 Fredrik Reinfeldt on Sunday blasted plans by his European counterparts to aid their domestic auto sectors with taxpayer money, calling instead for a cut in capacity. https://www.thelocal.se/20090302/17922 Mon, 02 Mar 2009 09:23:00 +0100 17922 Volvo Cars is likely to get support from the Swedish government in its request for a substantial loan from the European Investment Bank (EIB). https://www.thelocal.se/20090224/17808 Tue, 24 Feb 2009 17:38:00 +0100 17808 A drop in demand has moved Volvo Cars to reduce production at its main plant in Sweden in January and February, the company said on Friday. https://www.thelocal.se/20090116/16966 Fri, 16 Jan 2009 15:30:00 +0100 16966 After meetings with executives from General Motors and Ford at the Detroit auto show Monday, a Swedish government official reiterated that the state had no intention of buying Saab and Volvo. https://www.thelocal.se/20090113/16872 Tue, 13 Jan 2009 07:27:00 +0100 16872 Volvo Cars announced on Monday it would be shedding 2,721 of the 3,900 Swedish jobs it has previously announced would be cut. https://www.thelocal.se/20081208/16212 Mon, 08 Dec 2008 15:26:00 +0100 16212 Sweden is set to provide several billion kronor worth of loans and loan guarantees to embattled automakers Volvo Cars and Saab Automobile, according to a report in the Swedish business press. https://www.thelocal.se/20081208/16200 Mon, 08 Dec 2008 10:17:00 +0100 16200 The Volvo Group has said it would help support Volvo Cars in order to protect the Volvo brand in the event that the carmaker’s parent Ford goes bankrupt. https://www.thelocal.se/20081127/15986 Thu, 27 Nov 2008 16:25:00 +0100 15986 Rolf Wolff, dean of the school of business at Gothenburg University, called on the government to nationalize Volvo Cars to safeguard the pool of knowledge on which the Swedish auto industry is based.i https://www.thelocal.se/20081124/15902 Mon, 24 Nov 2008 17:39:00 +0100 15902 Weak car sales across Europe have hit Swedish car brands Saab and Volvo especially hard, according to fresh sales figures. https://www.thelocal.se/20081015/14970 Wed, 15 Oct 2008 13:39:00 +0200 14970 Volvo Cars announced on Friday it would be laying off an additional 900 employees. https://www.thelocal.se/20080912/14290 Fri, 12 Sep 2008 12:15:00 +0200 14290 The head of Volvo Cars, Fredrik Arp, is being replaced by Stephen Odell, the current head of marketing Ford Europe. https://www.thelocal.se/20080902/14086 Tue, 02 Sep 2008 16:47:00 +0200 14086 The Swedish market for used cars appears to be weakening, according to new statistics https://www.thelocal.se/20080806/13534 Wed, 06 Aug 2008 19:27:00 +0200 13534