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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

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

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

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

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

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

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

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

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

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

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
Business News

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
Business News

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
Sweden News

Man Seriously Injured in Workplace Accident at Volvo Cars in Gothenburg

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

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
Business News

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
Business News

Geely's Profit Soars in 2024 with Strategic Shift and Sales Boost

Volvo's ES90 Caught in US-China Trade Tensions: What's Next?
Business News

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
Business News

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
Business News

Volvo's February Sales Rise Despite Dip in Electric Car Demand

Elite Athletes: Vasaloppet is used for "greenwashing"
Sports News

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
Business News

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
Business News

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
Business NewsTop News

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
Sweden NewsTop News

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
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