All sweden articles
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ArticleGeely acquires 8.2 pc of Volvo Trucks
Volvo Trucks and Volvo Cars once were part of the same company (Photo: AB Volvo)Geely Holding said it had reached agreement to acquire 8.2 pc of Volvo Trucks, strengthening the Chinese automotive group's international operations and raising the possibility that the two separate Swedish companies bearing the Volvo name ...
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ArticleVolvo Cars to add electric motors to all models
Volvo's mild hybrid is one of three types of EVs the company plans to roll out (Photo: Volvo)Volvo Cars, in a move aimed at distinguishing itself from its big premium-segment competitors, said it will equip all cars it launches from 2019 onwards with electric motors.The decision doesn't mean Volvo ...
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ArticleVolvo, Autoliv plan autonomous-driving software venture
In one of many new alliances, Volvo will also develop driverless cars with Uber (Photo: Volvo)Volvo Cars and automotive supplier Autoliv plan to jointly develop next-generation autonomous driving software.The two Swedish companies said the planned new venture, which will be headquartered in Gothenburg, will develop advanced driver assistance systems ...
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ArticleBosch starts incubator in Sweden
In Lund, Bosch has opened its first engineering center in Scandinavia (Photo: Bosch)Robert Bosch has opened a Swedish engineering center that focuses on connected mobility and other new technologies.The German automotive supplier said the new unit, which is located near the southern Swedish city of Lund, is developing software ...
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ArticleVolvo Cars CIO gets promotion
Volvo CIO Bendrik will report directly to CEO Hakan Samuelsson (Photo: Volvo)Volvo Cars CIO Klas Bendrik has been promoted to a new senior vice president position, as the Swedish carmaker acknowledges the growing importance of IT across its model lineup. The move underlines "the key role technology will play ...
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ArticleVolvo Cars tests self-driving vehicles around Gothenburg
Volvo says autonomous driving must be part of a broader mobility solution (Photo: Volvo Cars)Volvo Cars said it is happy with the test results of a fleet of self-driving vehicles that is gaining experience around the city of Gothenburg."The test cars are now able to handle lane following, speed ...
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ArticleRenault sells remaining stake in truck maker Volvo
Renault is selling its remaining stake in AB Volvo and will use the proceeds to reduce debt and make investments both in France and internationally.The French carmaker said the 6.5 pc shareholding in the Swedish truck maker is being sold through a private placement in Sweden and elsewhere. The stake ...
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ArticleVolvo Cars appoints Hakan Samuelsson as new CEO
Former MAN CEO Samuelsson has 35 years of auto-industry experience (Photo: MAN)Volvo Cars has appointed former MAN boss Hakan Samuelsson CEO of the Swedish automaker, succeeding Stefan Jacoby, who suffered a mild stroke in September.Jacoby will leave the company "after an amicable agreement," Volvo said.The appointment of Samuelsson, a ...
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ArticleChina's Youngman, Spyker to build cars together
Spyker produces handmade luxury sports cars such as the Spyker C8 Aileron (Photo: Spyker)Chinese car manufacturer Zhejiang Youngman will buy a 29.9 pc stake in Spyker for 10 million euros, the Dutch luxury sports car maker said Monday.The two companies will also establish  a joint venture to build a ...
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ArticleSaab, under new ownership, to get 2nd chance as EV brand
New owners plan to market an electric version of the Saab 9-3 (Photo: Saab)Saab Automobile will get a chance to live on as an electric-vehicle brand following an investment group's successful acquisition of some key corporate assets.National Electric Vehicle Sweden AB said it has agreed with bankruptcy administrators to acquire ...
