Sweden hosted 'Time for Sweden' in New Delhi. The event highlighted growing India-Sweden ties. Collaboration focuses on trade, investment, ...

Volvo Cars will reduce its workforce by 3,000. This decision comes as the company faces high costs. Electric vehicle demand has slowed down...

Tata AutoComp Systems Ltd will acquire IAC Sweden to enhance its presence in Europe's automotive sector. This acquisition will strengthen T...

Schaeffler, a German auto parts manufacturer, announced 4,700 layoffs across Europe, primarily in Germany, citing a challenging market envi...

Robot System Products (RSP), a subsidiary of ABB Ltd and a global leader in industrial robot accessories, is establishing a foothold in Ind...

Considering the challenges caused by the Covid-19 pandemic, companies around the world, including in Sweden, are faced with the need to ada...

The Swedish carmaker, owned by China's Geely Holding , will be the first car maker to source steel from green steel venture HYBRIT, which i...

With the acquisition, ASM would benefit from a combined talent pool with domain expertise in diverse industry verticals, said the company i...

“ASM will build both scale and competence, relevant to the automotive industry as it transitions to new propulsion systems and ever-increas...

Following the acquisition, Escenda Engineering will become a wholly owned subsidiary of Tata Technologies Europe, the company said in a sta...

"We plan to set up a fairly large integrated automotive component manufacturing hub in Nellore district with an investment of about Rs 1,20...

On the other hand, Sweden exports engineering products, automotive and telecom equipment, pulp and paper and chemicals to India.

Tata Steel has completed the acquisition of a range of service centres in the Nordic region of Europe, including a takeover from a Swedish ...

The European Commission has approved the sale of these service centres to Tata Steel, the latter said in an official statement.

Finnish stainless steel major Outokumpu will open a new warehouse in Kalamboli near Mumbai to serve growing customers in India.

General Motors Co is in talks to sell parts of Saab Automobile's old technology to a Chinese company and the entire brand to another buyer,...

Koenigsegg Automotive, the Swedish maker of $1.2-million sports cars, agreed to buy Saab Automobile from General Motors by the end of the y...