Sweden

Mahindra nears deal to buy Saab maker, report says

Dec. 11, 2014 10:37 CET
India's Mahindra is close to sealing a deal to buy NEVS, the investment group that bought the assets of Saab Automobile, a report said. Mahindra wants Saab so it can accelerate its expansion into Western markets and into premium and electric cars....
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Volvo will add jobs, boost production in Sweden

Oct. 16, 2014 11:45 CET
Volvo will add 1,300 jobs and a third shift at its plant in Sweden next year to meet rising demand for its cars, including the new flagship XC90....
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Volvo counts on high-cost Sweden for crucial XC90

Aug. 26, 2014 06:01 CET
Volvo is sticking to its Scandinavian roots with its first model since being acquired by Chinese owners four years ago. Rather than chase low wages, Volvo will build the new XC90 SUV in Sweden, where auto workers get about $62 an hour....
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Saab's owner seeks partner to secure brand's future

Aug. 19, 2014 11:15 CET
Saab's owner, National Electric Vehicle Sweden, says it is in discussions with potential partners as it seeks to restart car production and develop future models....
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Recovery on track as western Europe car sales rise 5%

Aug. 8, 2014 06:01 CET
Car sales in western Europe grew by 5 percent in July to a little more than 1 million vehicles, bringing sales for the first seven months to 7.4 million, according to analyst LMC Automotive....
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VW faces rising opposition to Scania bid as Alecta rejects offer

April 23, 2014 11:58 CET
VW faces increasing opposition to its 6.7 billion euro bid for the rest of Scania after Alecta, the truckmaker's third-biggest shareholder, rejected the offer....
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Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

At Bay King Chrysler, Dodge, Jeep, Ram in Hamilton, Ontario, dealer Jamie Richter has put luxury-hotel touches in his new showroom. They include concierges who see to the needs of service customers. Mon., December 15
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