norway

List of News and Information about norway on 4WheelsNews.com

News and Information about norway

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Mazda builds the first RX-8 Hydrogen RE for Norway

It was announced today by Mazda that it has completed the first RX-8 Hydrogen RE vehicle with Norwegian specs, intended for involvement in Norway's national hydrogen project, HyNor.

The initial unit will be part of the ceremonies marking the official launch of the filling stations of the project. The first opening event will take place in Oslo this coming May 11.

After that, the RX-8 will to through certification to come up with the local standards and will be utilized for staff training maintenance. It is the intention of Mazda to begin leasing Norwegian specs RX-8 Hydrogen RE models in Norway beginning this summer.

Read the entire article Mazda builds the first RX-8 Hydrogen RE for Norway

Norwegian fund renews its attack on Vw’s planned takeover of Porsche

Despite analysts' warnings that nothing will come of its protests, Norway's state fund -- Norges Bank Investment Management -- renewed its attack on Volkswagen AG's impending takeover of parts of Porsche Automobil Holding SE. Norway's $420 billion wealth fund, one of the biggest sovereign wealth funds (SWF) worldwide, is a VW investor.

The state fund referred to VW's plan as "costly and opaque" and stated that it would be taking a more activist approach to shareholdings in its portfolio.

Anna Kvam, head of corporate governance at Norway 's state fund, said that it intends to uplift the rights of minority shareholders and raise standards of corporate governance and sustainability in the firms it owns.

Read the entire article Norwegian fund renews its attack on Vw’s planned takeover of Porsche