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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.
Trump's tariffs sent the Stockholm Stock Exchange plummeting
The Stockholm stock exchange and other European stock exchanges went up and down in pace with Donald Trump's new tariff threats. Down was followed by up, but in the afternoon the prices slid down again and the broad OMXS index in Stockholm closed at minus 1 percent.
Bank shares did well – Stockholm Stock Exchange rose slightly
The Stockholm stock exchange continued to climb cautiously in Tuesday's trading and the broad OMXS index closed with a plus of 0. 1 percent.
Women Fare Better than Men on the Stock Exchange
Last year's stock market star was in many ways the defense company Saab. The stock gained 84,000 new owners and the price has soared by over 50 percent.
A Minute of Silence Across Sweden – Tribute Paid to the Victims
At 12 o'clock today, Sweden falls silent. On trains, in schools and at workplaces, those who fell victim to the school attack in Örebro are honored with a minute of silence.
The Stockholm Stock Exchange Soared – Volvo Cars Slowed Down
The Stockholm stock exchange ended the trading day in a sunny mood. The OMXS index rose 1.
A Transitional Year for Volvo Cars Causes the Share to Plummet
A record year that ended weakly. Now Volvo Cars is bracing for continued challenges on the car market in 2025 – and the stock plummeted on the stock exchange.
The Stock Market Turned Up After Tariff Drama
The Stockholm stock exchange was down for most of Tuesday. But the broad OMXS index recovered in afternoon trading and closed up 0.
Broad decline on the stock exchange after tariff drama
As expected, the Stockholm Stock Exchange fell on Monday after the American President Donald Trump's statement about punitive tariffs. The index recovered somewhat after a sharp decline in the morning.
Volvo buys out Northvolt from Novo Energy
Volvo Cars has reached an agreement with Northvolt to take over the entire ownership of battery manufacturer Novo Energy, according to a press release. Since Northvolt has ended up in financial difficulties, the battery manufacturer has gradually withdrawn from the ownership of Gothenburg-based Novo Energy.
Volvo after the alarm: "There was no emission"
Parts of Volvo in Torslanda were evacuated on Wednesday morning after an alarm about a hazardous substance leak. The police and rescue services were called to the site to investigate the incident.
Volvo Cars: Not Worried About New US Rules
Before Joe Biden stepped down as the President of the USA, his administration presented new rules regarding technology from, among others, China. Connected vehicles with technology developed or manufactured in China are considered a security threat and shall therefore be prohibited.
Biden's final move - a knockout blow for Volvo Cars?
One of Joe Biden's final moves as president can hit hard on Volvo Cars. The major bank SEB does not rule out a total sales ban for the Swedish car manufacturer on the important US market.
Almost every third person is laid off at Novo Energy
The battery manufacturer Novo Energy in Gothenburg – partly owned by crisis-stricken Northvolt and car manufacturer Volvo Cars – is laying off 120 employees. "A tough but necessary decision", says CEO Adrian Clarke according to a press release.
New - smaller model - to boost Polestar
The electric car manufacturer Polestar is launching a new smaller electric SUV called Polestar 7, the company announces. .
Record year ended down for Volvo Cars
The car manufacturer Volvo Cars' sales in December last year fell to 73,804 cars, a decrease of 3 percent compared to December a year earlier. Despite the decline, Volvo Cars notes a new global sales record, with 763,389 cars sold during the full year 2024, an increase of 8 percent compared to the previous year.
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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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