Volvo Cars is facing headwinds on the market. Sales fell by 10 percent in March this year compared to last year. The decline is most pronounced for fully electric cars, which plummeted by 26 percent, the company writes in a press release.
CarsThe 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.
BusinessThe 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.
CarsOn Thursday, Donald Trump's car tariffs come into force globally. But before that, announcements about new comprehensive tariffs may come.
CarsThe 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). We must stand firm, says the Finance Minister to TT.
BusinessThe Stockholm Stock Exchange ended the first quarter with a sharp decline. The broad OMXS index fell 1.7 percent, which meant that the year's stock market rise was erased. Concerns ahead of Wednesday's announcement of new tariffs from the Trump administration are shaking the market.
BusinessHåkan 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.
CarsA 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. If they now become a reality, that is.
Cars
