The Local Sweden

The day a naked Swedish footballer caused an unexpected scandal

Thu, 11 Apr 2019 09:32:51 +0200

In 1949, a Swedish football player made international headlines when he dared to bare in Brazil.

Saab hits bankruptcy 60 years after a flying start

Mon, 19 Dec 2011 15:38:00 +0100

Saab Automobile's decision to file for bankruptcy on Monday ends two years of efforts to save the loss-making company that began as an aircraft manufacturer and then rolled out cars for 60 years.

Saab to file for bankruptcy: report

Mon, 12 Dec 2011 14:24:00 +0100

Beleaguered Swedish automaker Saab is expected to file for bankruptcy on Monday, according to reports in the Swedish media.

Lift Saab's bankruptcy protection: administrator

Wed, 07 Dec 2011 11:07:00 +0100

The restructuring of beleaguered Swedish carmaker Saab has been called off by the company's administrator Guy Lofalk, after he submitted a court petition, according to a statement by Saab Automobile.

Saab juggles Chinese suitors 'to please GM'

Mon, 05 Dec 2011 13:46:00 +0100

Swedish Automobile, the owners of beleaguered Swedish carmaker Saab have revealed that they are in talks with a new configuration of Chinese partners in what has been descibed as a bid to appease previous owner US General Motors.

Saab takeover talks go on as deadline passes

Wed, 16 Nov 2011 09:41:00 +0100

Two Chinese companies are continuing discussions on purchasing Saab even though the deadline for the deal expired Tuesday, the beleaguered Swedish carmaker said.

Chinese firms reveal Saab profit ambitions

Mon, 31 Oct 2011 12:56:00 +0100

Chinese automakers Pang Da and Youngman, the new owners of Sweden's Saab, have stated that the firm will turn a profit no later than 2014, according to an ambitious plan laid out on Monday.

Chinese firms to invest 'billions' in Saab

Mon, 31 Oct 2011 08:49:00 +0100

Chinese automakers Pang Da and Youngman, the new owners of Sweden's Saab, plan to pump some 7.5 billion kronor ($1.16 billion) into the firm, according to a report on Sveriges Television (SVT).

'Cautious optimism' over Saab's second escape from bankruptcy

Fri, 28 Oct 2011 23:36:00 +0200

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.

Chinese firms in deal to buy Saab Automobile

Fri, 28 Oct 2011 11:51:00 +0200

Chinese automakers Pang Da and Youngman have agreed to purchase Saab Automobile, according to a statement issued Friday by Saab owner Swedish Automobile.

Sweden no longer immune from royal gossip

Tue, 27 Apr 2010 19:14:00 +0200

Sweden's tabloids have until recently had a fairly respectful attitude to the royal family, but recent events including the break-up of Princess Madeleine's relationship have led some to wonder whether times are changing, writes The Local's Royal Correspondent and former royal information secretary, Juan Navas.