Word: saab
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...deals seem not to be put together so well. The energetic and outspoken Gyllenhammar has been searching for ways to boost sales, but his efforts have resulted so far in little more than wheel spinning. Plans to build an assembly plant in the U.S. and to merge with archcompetitor Saab-Scania have both had to be given up for one reason or another. Last week Gyllenhammar got his biggest setback yet; opposition by Volvo shareholders forced him to scrap a plan to sell 40% of the company to the Norwegian government and a group of private investors in return...
...meantime, a second delegation of Chinese military men was ending a twelve-day tour of Sweden's defense facilities. There they had looked at, among other things, Swedish-built submarines and the Saab-Scania supersonic Viggen fighter jet. This week the delegation heads southward to see what Italian manufacturers offer in the way of land, air and sea weaponry. A similar delegation of Chinese experts visited France last autumn to inspect materiel there...
Volvo chief sought a merger with his smaller but more profitable Swedish rival, Saab-Scania. The engagement was announced, but Saab-Scania became worried about Volvo's decline and broke it off. After Falldin's government refused to help, Gyllenhammar secretly turned to Norwegian Premier Odvar Nordli...
...week as he headed from home on one side of the city toward his office on the other at La Prensa, the country's largest newspaper (circ. 30,000). Because he was driving so slowly, Chamorro was unable to escape when another car that had been following his Saab suddenly drew abreast. Shotguns were poked from the window of the car, and a series of blasts struck Chamorro. His car went out of control, jumped a curb and struck a lamppost. Rushed to a hospital by medics who first assumed he had been in an auto accident, Central America...
...marriage broker was Swedish Banker Marcus Wallenberg, whose powerful family holdings include control of Saab-Scania. Said Wallenberg of the merger: "It's good for the workers, good for the companies and good for the country." Just about everyone seemed to agree. Since no jobs will be lost, even Sweden's sometimes contentious unions expressed no opposition...