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Swedish Exporters Face Uncertainty Amid Trump's Tariff Impact
The stronger krona is expected to have hit hard against Swedish export companies during the first quarter. But what is waiting around the corner is more unclear than in a long time after Trump's tariff shock.
Busch Urges Swedish Firms to Stay Local Amid US Trade Uncertainty
Minister for Business Ebba Busch (CD) warns Swedish companies against moving operations to the USA to avoid tariffs. .
Volvo's Shift to Electric Cars Faces Scrutiny as Diesel Demand Persists
Pressed Volvo Cars may have chosen the wrong path. That assessment makes Aktiespararna.
Volvo Cars Boosts US Production in Response to Trump's Tariffs
Volvo Cars is forced to adapt to President Donald Trump's 25-percent tariffs on car imports to the USA. The solution: More production in the USA.
Volvo Cars Sees 10 Percent Drop in March Sales, Electric Models Hit Hard
Volvo Cars is facing headwinds on the market. Sales fell by 10 percent in March this year compared to last year.
Stockholm Stocks Slide as Tariff Concerns Hit Major Companies
The Stockholm Stock Exchange fell ahead of Wednesday evening's expected tariff announcement from US President Donald Trump. Among the heavyweights, not least the defense conglomerate Saab and medical technology company Getinge lost value.
Volvo and Major Automakers Fined 458 Million Euros for Cartel Involvement
The EU has imposed fines totaling 458 million euros, equivalent to approximately 4. 9 billion kronor, on 15 vehicle manufacturers and the industry's employer organization (ACEA) for participating in a cartel.
Trump's Global Car Tariffs Begin as Broader Trade Measures Loom
On Thursday, Donald Trump's car tariffs come into force globally. But before that, announcements about new comprehensive tariffs may come.
EU Stands Firm Against Trump's Tariff Threats, Says Swedish Minister
The American "Liberation Day" is approaching, according to Donald Trump. But the EU will not back down in the face of the president's tariff threats, claims Elisabeth Svantesson (The Moderate Party).
Stockholm Stock Exchange Drops as Trump's Tariff Plans Rattle Markets
The Stockholm Stock Exchange ended the first quarter with a sharp decline. The broad OMXS index fell 1.
Håkan Samuelsson Returns as Volvo Cars CEO to Drive Electric Future
Håkan Samuelsson returns to Volvo Cars and becomes the new CEO and group CEO. Jim Rowan is leaving both the CEO position and the car manufacturer's board of directors as early as Monday after three years in the position.
Trump's Tariff Plan Could Drive Up Car Costs, Impact US Market
A blow to the USA's car market where consumers will have to pay an extra cost of tens of thousands of kronor. This will be the consequence of President Donald Trump's latest tariff gamble, assesses automotive analyst Hampus Engellau.
European Car Stocks Drop After US Tariff Announcement
European car shares fall on Thursday after Donald Trump's announcement about car tariffs. The US President's tariffs of 25 percent target all cars not produced in the country, and hit car companies worldwide.
US Implements 25% Car Tariffs to Boost Domestic Production
USA's President Donald Trump is introducing 25-percent tariffs on all vehicles and vehicle components manufactured outside the USA from April 3 and May 3, respectively. This is not a negotiating tactic.
US Tariffs Trigger Global Stock Market Dip; Volvo and Banks Hit Hard
The Stockholm stock exchange followed the trend around the world and fell on Thursday. The broad OMXS index dropped 1.
Trump's Vehicle Tariffs Spark EU Regret and Market Reactions
The President of the USA, Donald Trump, is introducing 25-percent tariffs on all vehicles manufactured outside the USA from April 2. The Chairman of the EU Commission, Ursula von der Leyen, "deeply regrets" the decision.
Man Seriously Injured in Workplace Accident at Volvo Cars in Gothenburg
A man has been severely injured in a workplace accident at Volvo Cars in Gothenburg, writes [Gothenburg-Posten](https://www. gp.
Car Exports to USA Surge Ahead of New Tariff Threats
It appears a clear increase in car exports to the USA ahead of President Donald Trump's next round of tariffs, which is expected on April 2. Our customers' volumes from Asia are larger than what we can handle, says Lasse Kristoffersen, CEO of the shipping company Wallenius Wilhelmsen to Financial Times.
Hitachi Energy Hires 50 Former Northvolt Workers Amid Expansion
Thousands of employees at Northvolt risk losing their jobs. Many are foreigners who may be forced to leave Sweden.
Geely's Profit Soars in 2024 with Strategic Shift and Sales Boost
The Chinese vehicle manufacturer Geely Automobile, which like Volvo Cars is part of billionaire Li Shufu's sphere, reports a strong profit increase for 2024. Sales rose by 32 percent to a total of 2.
Volvo's ES90 Caught in US-China Trade Tensions: What's Next?
Volvo Cars' new model ES90 is manufactured in Chinese Chengdu. This means that the model is now caught in the middle of the trade war between the USA and China.
Volvo Unveils ES90: Quieter, Faster Charging, Record Range
Quieter, faster charging and record-long range. This is what Volvo Cars promises with its new electric car model ES90.
Volvo's February Sales Rise Despite Dip in Electric Car Demand
The car manufacturer Volvo Cars' sales in February increased to 50,662 cars, an increase of one percent compared to February a year earlier. The sales of pure electric cars decreased by 15 percent to 9,330 cars in February.
Elite Athletes: Vasaloppet is used for "greenwashing"
Vasaloppet is used for "greenwashing", believe elite skiers who urge the classic ski race to terminate the collaboration with companies like Preem and Volvo Cars. The current national team duo Marcus Grate and Oskar Svensson, as well as long-distance star Max Novak, are among those who have signed the debate article in Aftonbladet.
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Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
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