Swedish student startup gets $1.3 million deal to build electric cars
The twin-seat vehicles have 15 kilowatt engines with a maximum speed of 130 kilometres per hour.
Bombardier worker detained in Sweden for alleged bribery
Evgeny Pavlov is “suspected to have been colluding” with Azerbaijan railway authorities “to adapt a contract” to fit Bombardier.
Sweden looking at fraud in Volkswagen investigation
Prosecutors launch criminal investigation related to emissions scandal
New Saab owner facing bankruptcy petition
A supplier is petitioning a Swedish court to declare the company bankrupt after it failed to pay $22,000 bill.
Volvo plots return to the US market next year
The Swedish automaker is in the midst of an $11 billion turnaround plan that it hopes will double worldwide sales to 800,000 by 2020.
Report: manufacturing exodus from Nordic economies likely to worsen
High costs and shifting global demand could cost 200,000 production jobs, worsen youth unemployment by 2020.
Bombardier wins $31M order for TRAXX locomotives
Bombardier Transportation has won an order from Bure Equity Fund for seven Bombardier TRAXX F140 AC locomotives designed for freight transport in Sweden and Norway.
UPDATE: Saab could pay salaries this week
Troubled auto maker receives $13 million order from unnamed Chinese company