Nordic News, Business and Life in Asia
ScandAsia reports on the automotive industry, with a focus on Nordic companies, manufacturing, electric vehicles, suppliers, trade, investment, innovation and sustainability across Southeast Asia and China.
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Citing a Bloomberg News interview with Volvo’s CEO Stefan Jacoby reported on 21 June 2012, the Swedish automaker Volvo Car Corporation owned by Chinese manufacturer Zhejiang Geely Holding Group is …
Zhejiang Geely Eyes Volvo Partner in the West Read MoreThe Finnish Business Council Shanghai (FBCS) organized a ‘members only’ visit to the Shanghai General Motors factory on 25th of May. The visit was followed by a cheerful dinner and …
FBCS Visited Shanghai General Motors Read MoreChinese automobile company Youngman’s negotiation on purchasing the Swedish car maker Saab has been ceased, reported the Swedish economic newspaper Dagens Industri (DI) on Wednesday. According to DI, the reason …
China Gives Up on Saab Read MoreAfter numerous failed attempts to be recognized as a Chinese company by authorities, Swedish automaker Volvo has chosen to enter the market as a foreign investor. The delay in production, …
Swedish Chinese-made Volvo to Hit Chinese Premium Car Market Read MoreLess than 24 hours after Chinese firm Youngman reportedly placed a bid for Saab, another interested party has apparently joined the race to snap up the bankrupt carmaker. Mao Hai, …
New bidder in the Saab saga shows its hand Read MoreThe European ASEAN Business Centre (EABC) was officially launched in Bangkok on Wednesday 18 january 2012 at Sheraton Grande Sukhumvit, The Ballroom. This opening was hosted by the EABC President and …
The EABC Heralds a New Chapter for EU Businesses in Thailand Read MoreEltek has signed a contract with Volvo Car Corporation on deliveries of on-board chargers for a hybrid electrical vehicle program. Under the agreement, Eltek will supply EV Powercharger 3000 water-cooled …
Eltek awarded contract with Volvo Car Corporation Read MoreAmong the most appealing and interesting technical jobs you can find in the world, locksmiths are without any doubt among the top number 1 jobs. Locksmiths, as you might know …
Role of Swedish locksmiths in Europe Read MoreSwedish automaker Volvo, owned by China’s Zhejiang Geely, plans to hire a further 10,000 new staff in the coming years, its chief executive said in an interview to be published …
Volvo to add 10,000 staff: CEO Read MoreVolvo Car Corp last week announced it will start field trials on its C30 electric car in the eastern metropolis, becoming the latest in a line of global automakers to …
Volvo joins lineup with electric car road tests Read MoreChinese car manufacturer CQAC (Chery Quantum Auto Co.) has chosen Semcon as its long-term partner for development and production of all aftermarket information for its future vehicle models. The contract …
Chinese Car Manufacturer Signs Contract With Swedish Semcon Read MoreSKF Group AB, the world’s top bearing maker by revenue, will put more resources into China’s automotive market in the next few years to demonstrate its commitment to the world’s …
SKF on a Roll in China’s Car Sector Read MoreRegional Business Manager of Volvo Cars Asia Pacific (VCAP) Ai Phing Teh who was recently in the country for an annual business review announced that Volvo is no longer seen …
Reinventing a Staid Volvo Read MoreDespite concerns that Volvo Car Corp’s sales could tumble after its purchase by Zhejiang Geely Holding Group Co last August, the Swedish brand has registered solid growth. In the first …
Volvo: Solid First Year Under Geely Read MoreFinnish customers have come to believe that the quality of Thai-made pickup trucks are “almost the same” as those vehicles manufactured in Japan, according to Timo Vaaranen, chief executive of …
Finn Exec Praises Quality of Thai-made Isuzus Read MoreSuppliers to cash-strapped Swedish car maker Saab have tired of the ongoing financing uncertainty and have sought direct contact with Russian financier and would-be Saab investor Vladimir Antonov. The Saab …
Saab Suppliers Seek Antonov Contact Read MoreDespite cooling in the overall auto market in China, luxury car brands maintained a scorching pace in the first half of this year. Volvo, the Swedish premium brand delivered more …
Volvo Sale Increase 36 % in China Read MoreIn May 2012 Finnair will introduce a direct route to Chongqing, the largest and fastest-growing city in China. The new route is a logical step in the implementation of Finnair’s …
New Finnair Route to China’s Largest City Read MoreHow does it come into existence and what procedures forego the distribution of a Swedish Volvo in Malaysia or Thailand? And what does the future hold for Volvo cars in …
Swedish Motor Assembly’s Intricate Car Production Read MoreScania, a major Swedish automotive manufacturer of commercial vehicles such as heavy trucks and buses, has established a sales and service company in Japan, signalling changes with their alliance to …
Swedish Scania to Start Operations in Japan Read MoreThe Thai unit of Denmark’s Maersk Line, the world’s largest container shipper, has downgraded its business performance outlook this year, citing impacts from the Japanese disaster and lingering economic uncertainties …
Maersk Thailand hit by US, EU Slump Read MoreDisgruntled foreign suppliers could prove the stumbling block for disaster-riddled cash strapped Swedish automaker Saab, according to a European association for suppliers. “I think that the patience has more or …
‘Patience Running Out for Saab Abroad’: Suppliers Read MoreDenmark hopes to attract more Chinese investors through a series of investment seminars around the country, starting Tuesday in Beijing. In pursuit of sustainable development, China’s 12th Five-Year Plan highlights …
Denmark Eyes More Chinese Investments Read MoreAutoliv has begun building an airbag cushion manufacturing plant in Chonburi, near Bangkok, Thailand. Its existing plant in the country opened two years ago. Production starts in July and the …
Swedish Autoliv Expands Capacity With new Thai Plant Read MoreRussian financier met Sweden’s enterprise minister Maud Olofsson on Tuesday to explain why he wants to invest money in cash-strapped car maker Saab. The meeting took place on Tuesday evening …
Olofsson Meets Antonov Over Saab Read MoreFinland has entered into bilateral development cooperation with Laos PDR. Finnish support to Laos Renewable Energy (RE) is the pioneer step to mark the start. The Lao Vice Minister of …
Finland Support Renewable Energy in Laos Read MoreThe latest setback casts further doubts over the Dutch-Swedish consortium’s efforts to secure long-term funding to rescue the struggling carmarker, an analyst said. The bailout partnership worth e150 million in …
Saab Future in Doubt After Chinese Fall Out Read MoreA classic 25-year-old Chevrolet has been given an eco-friendly makeover to run on wood chips. Finnish Juha Sipila has converted his Chevrolet to power its V6 engine with a wood-burning …
Finnish Chevrolet to Run on Wood Chips Read MoreThe Malaysian – Swedish Business Association (MASBA) held the Monthly Pub Evening on 10th March at The Ronnie Q Pub. It was a great evening. Almost 50 members attended. …
MASBA Pub Evening in March Read MoreDenmark is a pioneer of clean technology. For example, the country generated 22% of its electricity from wind power last year (more than any other nation) and plans to achieve …
Why is Denmark Suited to the Pioneer Clean Technology? Read MoreWhile Myanmar is not an ideal Asian country for a Scandinavian to move to, the country does have its strong points; we are mainly talking about its rich deposits of …
Home Security Systems For Myanmar Dwellers Read MoreThe Chinese company BYD – Build Your Dreams – will soon use Denmark as test marked for two newly developed electrical busses. BYD is a high-tech market leader, specialising in …
Chinese Electrical Busses to be Tested in Denmark Read MoreChina’s Beijing Automotive Industry Holding Co. (BAIC) announced Wednesday that it had purchased all equipment and technologies from a Swedish transmission plant for 31 million euros (about 42.5 million U.S. …
China’s BAIC Buys Assets of Swedish Transmission Plant Read MoreChinese officials say Volvo Car Corp. plans a manufacturing base in the western Chinese city of Chengdu as it aims for expansion in the world’s biggest auto market following its …
Volvo Planning Factory in Western China’s Chengdu Read MoreThailand’s first low-carbon and eco-friendly community, similar to Samso Island in Denmark and Pulau Ubin off Singapore, is taking shape on Phaluai island in Surat Thani. Koh Phaluai, 20 kilometres …
Glimpse of the Future Read MoreSweden decided on Wednesday to give a state guarantee for a loan worth 3.55 billion crowns ($521 million) to Volvo Cars, owned by China’s Zhejiang Geely Holding Corp, from the …
Sweden Guarantees $500 mln EIB Loan to Volvo Cars Read MoreSweden-based private equity group EQT has acquired 30 per cent of Chinese aluminium part manufacturer Modern Metal and Precision Holdings. EQT’s equity will be provided through a new share issue. …
EQT Takes Stake in Chinese Modern Metal Read MoreDanish start-up electric car designer Fisker Automotive is negotiating a deal to sell its luxury, plug-in Karma model in China and remains open to partnerships with larger rivals, Chief Executive …
Fisker to Sell in China, Open to Partner Read MoreAn intrepid Danish couple who set out from Copenhagen in an electric car 113 days ago finally arrived in Shanghai yesterday afternoon, their first major destination in a round-the-world tour. …
Danes Are Together in Electric Dreams Read MoreThe number of Swedish employees working in China has doubled in the last five years, according to a comprehensive report issued by an engineering industry group in Sweden surveying the …
Swedes in China doubled in Five Years Read MoreHigh-profile delegates to the first China Eastern Bicycle Expo share their views on the sustainable growth of the industry. Anders Pedersen, senior manager of the Denmark pavilion during the 2010 …
Cycling Experts Anticipate ‘Bright Future’ Read MoreThe implementation of the Association of Southeast Asian Nations (ASEAN) free trade agreement (AFTA) and recent political turmoil in Thailand have opened up an opportunity for Indonesia to become the …
A Very Strong Candidate to Replace Thailand Read MoreNina Rasmussen and Hjalte Tin, who set out from Copenhagen almost three months ago in their electrical cars, have now reached Beijing and a well deserved break after crossing through Russia …
Nina Rasmussen and Hjalte Tin Says Hello Read MoreWhile China’s economy continues to grow so rapidly its steel producers cannot meet local demand, foreign steel manufacturers and related companies have had to accelerate production and drastically reduce delivery …
ASSAB Steel in China Finds Success in Speed Read MoreOne Danish woman and two Swedes join the Volvo board after Chinese Zhejiang Geely Holding Group after completing the acquisition of the Swedish carmaker from Ford Motor Co. Chairman Li Shufu …
One Dane and two Swedes in Volvo’s New Board Read MoreThe sale of the Swedish car brand completes the sale of all off the foreign brands that were once part of the company’s Premier Automotive Group and gives China’s fast-growing …
Ford’s Sale of Volvo to Geely a Done Deal Read MoreIndonesia has hit the fast lane in terms of auto sales and has overtaken Southeast Asian pace-setter Thailand for the first time, according to a Nikkei survey from the first …
Indonesia Overtakes Thailand in Car Sales Read MoreThe general manager of Shanghai Volkswagen and three other high-ranking managers were killed in a horrific traffic accident on Saturday during a business trip to Jiuquan in Northwest China’s Gansu …
VW Bosses Killed in High-speed Road Crash Read MoreLast year KA signed a strategically important contract with a Chinese truck producer for the delivery of clutch actuation systems to their new vehicle platform for heavy trucks. Due to …
Major Breakthrough for Norwegian KA in China Read MoreVolvo Cars now has a government partner among its investors, but it is not the Swedish state, TV4’s business news program Ekonominyheterna reported late on Wednesday. It is Chinese investment …
Chinese State Investor Gets 40 % of Volvo Read More