sweden

Strong growth for Volvo despite market conditions in Q2

Published: July 20, 2023

Volvo Cars has reported its financial results for the second quarter of the 2023 fiscal year, achieving an operating profit increase of 39% to SEK6.4 billion (US$623.84 million). Read More...

Volvo Cars reports revenue increase of 17% for 2022

Published: February 10, 2023

Volvo Cars has reported its full year and fourth quarter financial results for the 2022 fiscal year, achieving a yearly revenue increase of 17%. Read More...

Swedish tanneries replace fossil-based energy supplies

Published: April 28, 2020

More than two decades ahead of the target date set by the Swedish Parliament to make the country climate neutral, all Swedish tanneries are reported to have replaced fossil-based energy supplies with greener alternatives.

Volvo and Geely could merge into one company

Published: February 11, 2020

Volvo Cars and Geely Automobile said they are considering a merger to create a single global group so as to accelerate financial and technological synergies between the two companies.

France and Sweden to limit use of certain chemicals in leather

Published: May 3, 2019

In a joint initiative, France and Sweden are reported to have submitted a proposal to the European Chemical Agency (ECHA) to ban or limit over 1,000 skin sensitisers used in the production of textiles, leather and furs.

China’s Evergrande invests in Swedish new energy smart car group

Published: January 16, 2019

China's second-largest property developer by sales has acquired 51% of the shares in NEVS AB, a global new energy smart car group based in Sweden.

Mercedes-Benz unveils its new all-electric SUV

Published: September 7, 2018

In a move seen as challenging to Tesla, Mercedes seeks to secure its share of the fully-electric luxury car market with its new EQC SUV.

Hermès new European e-store launched

Published: April 4, 2018

The French high-end leather goods manufacturer officially launched its new European website on March 3.

Expo Riva Schuh to meet buyer delegation from Scandinavia

Published: September 19, 2017

After an initial round in South Africa, the ‘Expo Riva Schuh Around the World’ project continues the promotional tour of the trade show with a day of talks on October 12 in Stockholm, Sweden.

Geely Auto Group launches new global car brand

Published: October 24, 2016

Geely Auto Group has announced the launch of a new global car brand, designed and made in Sweden, with the ambition to challenge the conventions of the automobile industry.