Sale talks between Ford and Geely have finally reached an agreement, and there’s now a new reason to celebrate in Sweden, as Volvo will soon be owned by China’s Geely. In case you haven’t been following the proceedings, the talks between the two companies for the sale of Volvo have been going on for quite some time, and now an agreement... ...read the full post
For all you Swedish criminals out there, here’s a new tip: if you’re running away from a crime scene in a car, and you see a police Volvo wagon, you will stop and turn yourself in ASAP. Don’t go thinking you can outrun it, as this unlucky Audi-driving criminal thought he did, and immediately saw just how indestructible a Volvo wagon... ...read the full post
It seems that things have taken a turn for the worse for Swedish carmaker Saab, as its parent company, General Motors, has announced that the brand will be wound down, as negotiations to find a new owner haven’t reached a conclusion. “Despite the best efforts of all involved, it has become very clear that the due diligence required to complete... ...read the full post
In case you’re following the recent turmoil through which Swedish carmaker Saab has been going through, you know that GM was set to sell it to fellow Swedish supercar manufacturer Koenigsegg. The deal fell through though, and now GM revealed that it will announce next week what it will do with the struggling Scandinavia brand. Although some analysts... ...read the full post
GM was set to bounce back from the economic turmoil, as it announced that it will start paying off its debts to the US and Canadian governments, it will keep and restructure Opel, but things are taking a turn for the worse once more, as the deal it had with Swedish supercarmaker Koenigsegg to get fellow company Saab off its GM’s hands has fallen. But... ...read the full post
As you all know, Swedish carmaker Saab has been going through some tough times, but as fellow supercar maker Koenigsegg has officially bought it from GM, things are beginning to get a lot clearer about its future. We’ve already revealed the future plans that the new owner has for Saab, as it will manufacture fewer cars, but more expensive, in... ...read the full post
As you all know, Swedish carmaker Saab has been acquired by its fellow compatriots, the supercar company Koenigsegg, which unveiled recently that it has some big plans for the Scandinavian brand, but declined to comment further. Now, according a newspaper from the country, it seems that Koenigsegg wants to take the Saab brand more upmarket, by decreasing... ...read the full post
We’ve got good news for Europe. Though Tesla was planning to bring the Tesla Roadster to Europe someday, we didn’t know exactly when that was going to happen. But today, InnovationBeat reaports that Darryl Siry, VP of marketing, sales and service at Tesla, announced that, because of the dollar losing ground to the Euro, they’ll bring... ...read the full post
