Economy

Swedes to Visit Detroit over Car Sales

A Swedish government delegation will visit Detroit next week to talk to the American owners of the troubled Swedish car companies Saab owned by General Motors and Volvo owned by Ford.

Complicated negotiations on the sales of both companies to ever-changing foreign bidders and the possible closure of the Saab plant hear have captured news headlines daily here - with worries over the thousands of jobs threatened.

In the meantime, Volvo sales in the United States show a surprising recovery with a 14% boost in the month of December - helping offset the year's loss of 15% in the stagnating auto market.

Our journalism is based on credibility and impartiality. Swedish Radio is independent and not affiliated to any political, religious, financial, public or private interests.
Du hittar dina sparade avsnitt i menyn under "Min lista".