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Volvo Cars Sales Decline 11 Percent in April
Business News

Volvo Cars Sales Decline 11 Percent in April

1 MIN READ
Stock Market Stagnates as Workshop Companies Face Declines
Business News

Stock Market Stagnates as Workshop Companies Face Declines

2 MIN READ
The Stockholm stock exchange began the trading week downward, but the broad OMXS index recovered on Monday afternoon and closed unchanged.
Factory Giants Drag Down Stockholm Stock Exchange
Business News

Factory Giants Drag Down Stockholm Stock Exchange

1 MIN READ
The Stockholm stock exchange's broad OMXS index fell 0. 4 per cent on Tuesday, weighed down by declines in engineering companies whose results did not meet the forecasts
Volvo Union Reports Growing Anxiety Amid Staff Reduction Plans
Business News

Volvo Union Reports Growing Anxiety Amid Staff Reduction Plans

1 MIN READ
It has been a turbulent spring for the automotive industry. Now, the anxiety is increasing even more after the announcement of staff reductions, notes Adrian Avdullahu, chairman of the IF Metall club at Volvo Cars
Volvo Cars Announces Major Job Cuts in Gothenburg Amid Cost-Saving Efforts
Business NewsTop News

Volvo Cars Announces Major Job Cuts in Gothenburg Amid Cost-Saving Efforts

3 MIN READ
The car manufacturer Volvo Cars is to save billions. The company is now announcing major staff cuts
Few Clear Losers in Swedish Companies' Report Season So Far
Business News

Few Clear Losers in Swedish Companies' Report Season So Far

3 MIN READ
Two weeks of report flood have so far not revealed any clear losers among Swedish listed companies. The order intake has actually been quite good in many cases
Swedish Exporters Face Uncertainty Amid Trump's Tariff Impact
Business News

Swedish Exporters Face Uncertainty Amid Trump's Tariff Impact

3 MIN READ
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
Business NewsTop News

Busch Urges Swedish Firms to Stay Local Amid US Trade Uncertainty

2 MIN READ
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
Business News

Volvo's Shift to Electric Cars Faces Scrutiny as Diesel Demand Persists

2 MIN READ
Pressed Volvo Cars may have chosen the wrong path. That assessment makes Aktiespararna
Volvo Cars Boosts US Production in Response to Trump's Tariffs
Business NewsTop News

Volvo Cars Boosts US Production in Response to Trump's Tariffs

3 MIN READ
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
Business News

Volvo Cars Sees 10 Percent Drop in March Sales, Electric Models Hit Hard

1 MIN READ
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
Business NewsTop News

Stockholm Stocks Slide as Tariff Concerns Hit Major Companies

2 MIN READ
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
Business News

Volvo and Major Automakers Fined 458 Million Euros for Cartel Involvement

1 MIN READ
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
Business News

Trump's Global Car Tariffs Begin as Broader Trade Measures Loom

3 MIN READ
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
Business News

EU Stands Firm Against Trump's Tariff Threats, Says Swedish Minister

2 MIN READ
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
Business News

Stockholm Stock Exchange Drops as Trump's Tariff Plans Rattle Markets

2 MIN READ
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
Business News

Håkan Samuelsson Returns as Volvo Cars CEO to Drive Electric Future

2 MIN READ
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
Business News

Trump's Tariff Plan Could Drive Up Car Costs, Impact US Market

2 MIN READ
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
Business News

European Car Stocks Drop After US Tariff Announcement

1 MIN READ
US Implements 25% Car Tariffs to Boost Domestic Production
Business NewsTop News

US Implements 25% Car Tariffs to Boost Domestic Production

2 MIN READ
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
Business News

US Tariffs Trigger Global Stock Market Dip; Volvo and Banks Hit Hard

1 MIN READ
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
Business News

Trump's Vehicle Tariffs Spark EU Regret and Market Reactions

2 MIN READ
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
Sweden News

Man Seriously Injured in Workplace Accident at Volvo Cars in Gothenburg

1 MIN READ
Car Exports to USA Surge Ahead of New Tariff Threats
Business NewsTop News

Car Exports to USA Surge Ahead of New Tariff Threats

2 MIN READ
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
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