Edition:
United States

Esha Vaish

Volvo reveals new robo-taxi in race to autonomy

Sep 05 2018

GOTHENBURG Volvo Cars presented a fully electric robo-taxi on Wednesday, as the Geely-owned Swedish company races to meet an ambitious target for driverless vehicle sales with its Uber supply deal on hold.

Mercedes unveils electric car in direct German challenge to Tesla

Sep 04 2018

STOCKHOLM Mercedes showed on Tuesday how it is "aggressively" gunning for top spot in upscale battery cars market currently dominated by Tesla, as it unveiled the EQC, its first fully electric car, at an event in Stockholm. | Video

Electric Mercedes opens German assault on Tesla

Sep 04 2018

STOCKHOLM/PARIS Mercedes-Benz is set to unveil its much-anticipated electric SUV on Tuesday, marking the start of a German onslaught against Tesla's dominance of the fast-growing market for premium battery cars.

RPT-Electric Mercedes opens German assault on Tesla

Sep 04 2018

* Electric vehicles: Sales forecast https://tmsnrt.rs/2PuORFo

Ramsay sounds out Capio investors as it ponders raising bid -source

Aug 22 2018

STOCKHOLM/LONDON, Aug 22 The French unit of Australian hospital group Ramsay Health Care has approached investors of Sweden's Capio as it considers bumping up its 661 million Swedish crown ($756 million) bid for the hospital chain, a source close to Ramsay told Reuters.

Scania says U.S. sanctions put entire Iran truck sales in 'jeopardy'

Aug 03 2018

STOCKHOLM Scania's entire sales into Iran could be lost if the United States reinstates sanctions against the country, the Swedish truckmaker's head warned on Friday, a day after first-half results showed the company's Iranian order book was already being hit.

U.S.-China tariffs threaten European capital goods supply chains

Aug 03 2018

STOCKHOLM European capital goods companies are starting to show the strain of Washington's trade conflicts with China and other countries, as tariffs push up costs for machine parts and raw materials and threaten to worsen supply bottlenecks.

Sweden Inc. sounds alarm as election signals jobs clampdown on immigrants

Aug 02 2018

(This Aug. 1 story has been refiled to clarify that data reference in paragraph 19 is to real wages)

Hexagon shares hit all time high as marine unit recovers

Jul 31 2018

STOCKHOLM Swedish industrial technology group Hexagon beat quarterly sales expectations, helped by a recovery in its PPM division that makes software for operators of plants, ships and offshore facilities, lifting its shares to an all-time high.

Sweden's Veoneer order intake stays strong, shares jump

Jul 27 2018

STOCKHOLM Swedish electronic car products maker Veoneer , spun off by Autoliv this month, said on Friday order intake was unexpectedly strong over the generally slow summer months and indicated that it may raise a 2022 sales target.

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