Regulatory News: In spring 2007, a tax audit was started within New Wave Group AB (STO:NEWAB). The audit has primarily been focused on intra-group transactions. The Tax Authority has today decided to increase New Wave...
LUXEMBOURG, March 25 - A European Union court on Wednesday upheld a ruling denying Anheuser-Busch Inbev the right to register the Budweiser name as a trade mark in the EU. U.S. brewer Anheuser-Busch, bought by...
* EU's second-highest court upholds lower court's ruling * AB InBev can appeal to EU's highest court LUXEMBOURG, March 25 - Anheuser-Busch InBev, the world's largest brewer, lost out again to a European minnow in...
General Motors Co. announced in a statement November 24 that the Swedish sports car maker Koenigsegg Group AB has pulled out of deal for GM's Saab Automobile unit. GM said its board plans to determine what to do with Saab next week. "We're obviously very disappointed with the decision to pull out...
2010 Saab 9-5 sedan US Saab Automobile AB dealers are running out of new cars as the Swedish sports-car maker Koenigsegg Group AB conserves cash and prepares for the release of a new model. Koenigsegg Group signed a deal to buy the troubled Saab brand from General Motors Co. in August. Saab has ...
By Li Qian A German man died after hitting a roadside tree while driving an hijacked taxi in Chaoyang district, Beijing early Saturday morning, leaving a South Korean woman in the backseat seriously injured. The taxi's driver surnamed Wang said he was picking up the woman at the Lidu Hotel at ab...
Beijing Automotive Industry Holdings Co Ltd, China's fifth-largest automaker by sales, will acquire a minority stake in Koenigsegg Group AB, a consortium led by Swedish supercar manufacturer Koenigsegg, according to a memorandum of understanding signed by the two companies. The stake sale is expected...
Shanghai, August 24 (Gasgoo.com) Swedish vehicle group Volvo AB does not plan to sell Volvo Powertrain or Volvo Penta to Chinese carmaker FAW Group, Volvo's spokesman Marten Wikforss told Swedish newswire Nyhetsbyran Direkt on Aug. 21.
Swedish auto maker Volvo AB recently reached an agreement with China National Heavy-Duty Truck Co Ltd<000951> to withdraw from their truck venture, and hopes for a partnership with Dongfeng Motor Group Co Ltd<0489>, sources close to the deal said on Wednesday, Reuters reported.Dongfeng, which...
* Volvo AB agrees to pull out of venture with Sinotruk parent * Volvo may resume talks with Dongfeng on tie-up (Adds details, background) SHANGHAI, July 22 - Volvo AB has agreed to withdraw from...