🚨We have received thousands of comments reporting that TH-cam removed our most recent video, _Why I’m Suing TH-cam_ from your sub-feed. Worse yet, they are now suppressing traffic to all of our other videos. We need your help. If you are reading this, _please_ take a moment right now to subscribe to our free Substack to make sure you receive our next video. ➡ businesscasualhq.substack.com (using a non-Gmail address is highly recommended)
"They almost came to own the majority of Norways oil". They were offered 10% of the proceeds of the Oseberg Oil Field, how does that come close to owning the majority? Did i miss something?
speaking as a dane volvos was EVERYWHERE back in the day and still are. The estate version is called the vet-mobile because everey country vet used to drive them. likewise the police used amazons and 140s and 240s also the post service and others. It was a very popular vehicle with the public as we share sorta the same climate as Sweden. "funny story" when my mother was pregnant with me (32 years ago) she was riding in an Vovlo Amazon (late model) on a country road where a tractor had previosuly had an oil spill and they slipped, going off the road and rolled 3 times and nobody was hurt. Thanks to swedish safety engeneering I'm sitting here today drinking schnapps writing this. Yay Vovlo
Jeg var barn i 1982. Vi brukte å kjøre bil til skikonkurranse. De lengste bilreisene kunne bli en dagsreise en vei. Sjåføren hadde en sliten gammel Opel. Siden vi skulle kjøre langt, lånte han en ny Volvo med god komfort. Vi kolliderte front mot front med et vogntog. Vi var 4 i Volvoen. Ingen omkom. Volvo ye-heey!
Thanks for making about a Swedish company BC! It was very good as usual :) Please make one about Ivar Krueger conglemerate that had monopoly on Matches :)
Something that always bothers me. 6:16. Why are Chinese companies always unnamed yet ford was named. It’s kind of important when they influence a significant portion of the world
They rarely do videos on less known companies who doesn't have worldwide recognition...it's more likely they will do video on Asia car brand like Tata(India), Hyundai, Kia(korea), and Japanese cars (Its a lot)...
Even if the deal went through, there is no guarantee whether the Norwegians will honor the deal, given so much money at stake. Nationalisation, confiscation of foreigners' properties is not uncommon in the oil and gas industry.
Norway actually offered SEK 200mil *and* 10% concession of Oseberg oil field for 40% of the company's *car manufacturing* only (instead of 40% of the whole Volvo since Volvo also has truck manufacturing facility). So the oil concession is not to substitute the money as stated in the video, but to compliment it. Also, SEK 200mil at that time would be equivalent to close to USD 90m instead of USD 80m as stated in the video.
Well the Norwegian oil recipes have gone into a fund for the nation. Not shareholders, which is a good democratic decision. The future with global heating crisis, is the end game for fossil fuels/or humanity...
End game for fossil fuels ? Not at all. You have been manipulated. If you know a little math and are trying to figure out how many people we will be and today's development of alternatives - then you will find the answer. 7.5 billion people will not live in Europe or North America - but in Asia and Africa.
🚨We have received thousands of comments reporting that TH-cam removed our most recent video, _Why I’m Suing TH-cam_ from your sub-feed. Worse yet, they are now suppressing traffic to all of our other videos. We need your help. If you are reading this, _please_ take a moment right now to subscribe to our free Substack to make sure you receive our next video. ➡ businesscasualhq.substack.com (using a non-Gmail address is highly recommended)
Volvo should have used Skillshare
Nah.
Nahhh. Swedish people highly intelect they dont need skillshare.
Skillshare just for peasant.
@@Mr3344555 haha that was good
@@dimitriymirovsky how come highly in intellect but lose a massive potential profit business
Good one 😂
"They almost came to own the majority of Norways oil". They were offered 10% of the proceeds of the Oseberg Oil Field, how does that come close to owning the majority? Did i miss something?
the norwegians also offered so invite the swedish goverement into the oil fund, if i remember correctly
@@grandicus oil fund didnt exist back then
@@b1dover what would be the oil fund*
10% is pretty big tho
Yeah but the rest was owned by the state
speaking as a dane volvos was EVERYWHERE back in the day and still are. The estate version is called the vet-mobile because everey country vet used to drive them. likewise the police used amazons and 140s and 240s also the post service and others. It was a very popular vehicle with the public as we share sorta the same climate as Sweden.
"funny story" when my mother was pregnant with me (32 years ago) she was riding in an Vovlo Amazon (late model) on a country road where a tractor had previosuly had an oil spill and they slipped, going off the road and rolled 3 times and nobody was hurt. Thanks to swedish safety engeneering I'm sitting here today drinking schnapps writing this. Yay Vovlo
refusist skål!
Volvo er kjent i skandinavia hehe :D 140, 240 osv
Jeg var barn i 1982. Vi brukte å kjøre bil til skikonkurranse. De lengste bilreisene kunne bli en dagsreise en vei. Sjåføren hadde en sliten gammel Opel. Siden vi skulle kjøre langt, lånte han en ny Volvo med god komfort. Vi kolliderte front mot front med et vogntog. Vi var 4 i Volvoen. Ingen omkom. Volvo ye-heey!
Great video, BC. I learn a lot from your videos. This is another exceptional one about having good foresight
It's inaccurrate to say that we were a combined state, though we were in a union. Norway and Sweden had separate governments (but a shared king)
So a Personal Union
As a Norwegian i would like to give my heartfelt thanks to the extra 6% of Volvo shareholders that said no. Thank You!
This video is built like a Volvo.
Volvo ceo to shareholders: *I KNEW IT! I TOLD YOU SO!.*
Yet the same with Scania/Saab
(Pls make a video of that)
Thanks for making about a Swedish company BC!
It was very good as usual :)
Please make one about Ivar Krueger conglemerate that had monopoly on Matches :)
I just read the book "Match King" (a very confusing guy)
or we can make a vid about PewDiePie
@@worldstudios6620 as a Swede I say no
@@StephenMortimer What do you mean about confusing?
I would said to much loans and killed by Wallenberg family because it was competition
@@falconellirk901 Swedes do not kill other Swedes . (unless you mean by TAXING TO DEATH)
Really enjoyed this thanks for posting
That's a real *BRUH* moment.
In Bengali we have a saying which translates to "Pride is the cause of downfall."
Good one man
ki kotha ta?
Maalum h
In czech we have "Pride precedes downfall"
Dombho potoner karon ??
The pronunciation at 6:00 made me chuckle
i still love my 1984 240 series Volvo. Drives awesome still.
You’re videos Are amazing
Man how does he make those smooth zooming in transitions. What a masterpiece!
Volvo could've had a it all. Should I feel pity for them 🤔
I had no idea SKF was Swedish. Biggest ball bearing maker here in India.
And in south Africa as well
It just shows how far the company's reach is
I thoroughly enjoy watching all your videos BC. Please make a video on the success of Toyota
Awesome content like always. I see a you uploaded and I add it to my list right away lol big fan of the channel 💚
> Now playing catchup with the rest of the world.
They've been doing real solid and making great cars for a good 10 years now.
Can you make a video what the bis bank does in basel?
Great story. Never heard that one before.
You should Focus on Volvo trucks a bit more, they still lead the way especially in Europe
The Viking gods decided in favour of Norway!
A video about some of the tech giants (Amazon, Google, Facebook, Apple, Microsoft) ?
Volvo are doing amazing Hybrid vehicles now, the XC60 is a sublime suv.
3:55 Speaker says 20 million, graphic says 200 million.
They were offered 10 % if they invested and did all the work,, Norway had everything under control
I always love your videos. They give me ammo for arguments I didn't know I could win haha!
Such as?
@@caiovinicius6891 Donald Trump being a successful business man
Volvo is doing great and are the world leader in several area's. Volvo AB is huge.
You focused to much on the smaller car part.
yeah but 10% of the Norwegian Oil/Gaz is still better so
Awesome video sir
Does anyone know how gallons in a barrel ?
42
another good upload
Do a video on Cadbury
Felix @5:59 (just a couple of frames)
this is getting more and more difficult.
Arent volvos the main car (not that there's a lot) in North Korea? Didn't NK steal a shipment or something?
Sweden is one of the few countries that has a good relationship with North Korea. Being neutral and all.
Love ur videos
Something that always bothers me. 6:16. Why are Chinese companies always unnamed yet ford was named. It’s kind of important when they influence a significant portion of the world
How are you not at 1 mil yet? Tis baffling I tell ya!
He doesn't post regularly enough, once a week would do it.
Oh well damn, it's the shareholders yet again that denied a deal for Volvo to have a slice of that delectable Norwegian oil pie
Did you talk about Domino's Pizza? The fact that its stock is worth more than Amazon and Apple is interesting.
It's stock isn't worth more than Amazon and Apple.
@@zacharyhenderson2902 Correction: I meant stock growth in the past 10 years.
Volvo's new design language is beautiful
Do one on SAAB!
Strange how 51% isn't considered a majority.
It is but for big decisions like this i presume they have a 2/3 majority rule
Can you make a video on Chinese automakers I'm particularly interested in "Brilliance Auto"
They rarely do videos on less known companies who doesn't have worldwide recognition...it's more likely they will do video on Asia car brand like Tata(India), Hyundai, Kia(korea), and Japanese cars (Its a lot)...
How Volvo Missed Out On Giving Diretide
I see you
Hi can you do an episode about Steve Cohen?
Great thing the deal didn't go trough! More money for us Norwegians! C:
Now all Volvos build after 2020 are limited to 180km/h.
*Germans not buying Volvo anymore*
I did not know that. I'm German and considered buying a Volvo but an 180km/h limit is just ridiculous.
@@Swoerm You'll better stick to German quality:)
That's because Volvo is a sadly a Chinese company now.
@@rfwhyte Volvo still offers better quality for less money than the german counterparts.
@@Jonny17m You trippin?
This is a good example how nationalism and emotion hinder potential of a nation or a company.
Thanks very much more than this 👌👌👌👌👌👌👌👌👌 🌷🌷🌷🌷🌷🌷🌷🌷🌷🌷🌷🌷🌷🌷🌷🌷
god something on Saab would be epic
Even if the deal went through, there is no guarantee whether the Norwegians will honor the deal, given so much money at stake. Nationalisation, confiscation of foreigners' properties is not uncommon in the oil and gas industry.
Of course Norway and Sweden would have honored the deal. We are talking about civilized countries here.
You missed the part where Volvo split into two branches... We got Volvo cars.. which your video covers but also Volvo trucks...
both are separate companies.
Honestly Norway would have just repossessed it from Volvo had they owned it.
But, if they'd acquired the oil stake there's no way Norway would've let them continue keeping that giant cash geyser.
Volvo should have hired Buffett as in house consultant in 78
Wow thats a huge mistake6, 10% now worth billions dollars
Don’t know what’s worse; Volvo cars or the way you say (eye-ron)iron
The 'R' is silent
Norway is very lucky.
Do a video business and what learn from each.
make a video about Lenovo pls
Sources please?
They missed the bag 💰💲💴💶
So Volvo isn't Sweedish.
Volvo is swedish. The subdivision Volvo cars however, isn't. The headquarter is still in sweden, but the company is owned by geely.
*I don't get this. How is this Volvo's pride issue? It was the shareholders who didn't give the super majority vote.*
Volvo give diretide pls
Volvo is the best car brand imo. I can't afford a new one but omg do I wish I could.
Their SUVs are fantastic, no doubt.
Valvo? xD
shareholders: surprised pikachu face
Norway actually offered SEK 200mil *and* 10% concession of Oseberg oil field for 40% of the company's *car manufacturing* only (instead of 40% of the whole Volvo since Volvo also has truck manufacturing facility). So the oil concession is not to substitute the money as stated in the video, but to compliment it. Also, SEK 200mil at that time would be equivalent to close to USD 90m instead of USD 80m as stated in the video.
what I am surprised is that in this times there is no already a controversy about volvo logo, you know about the "men" symbol and how it's "sexists"
It's pronounced i-on NOT i-ron.
Good video though. Thankyou.
Power to the people huh 😂😂😂😂😂
Imagine losing billions because of some people who hate the other country
imagine selling your asset and your buyer offers you lottery as payment.
Volvo is doing great.
Thanks for the laughts Sweden. You really make life worth living, just to see your stupid decisions, signed a Norwegian.
You say 20 million and write 200 million SEK
GaBIT - DIY and Reviews correct
Lucky Norway! It got to keep the money for its people and became a successful social democracy. Fuck corporations being leeching colonialists.
That sounds like a bad idea. A car maker makes inefficient engines in order to drive up the price of oil.
Yeah no thanks.
You think one of the smallest car manufacturer could manipulate the market price if oil by making bad cars?
@@iamagi chevron, chevy. Coincidence? I think not!
Well, Volvo didn't lose it. The shareholders lost it......
Bruh SkillShare
Volvo will never get Norwegian oil 🇧🇻😁 ❤️❤️
Saab no longer make cars! Shame they could have united....
there is so mutch wrong here that i cringe.. wow just wow
I love your videos 💜, please in spanish language 😉👍
IT wasnt 1979 it was 1969
Volvo for safety 🚗
Well the Norwegian oil recipes have gone into a fund for the nation.
Not shareholders, which is a good democratic decision. The future with global heating crisis, is the end game for fossil fuels/or humanity...
End game for fossil fuels ? Not at all. You have been manipulated. If you know a little math and are trying to figure out how many people we will be and today's development of alternatives - then you will find the answer. 7.5 billion people will not live in Europe or North America - but in Asia and Africa.
Lol it's pronounced Su-bar-ou not Subar-ou
Since then Greta Tunberg got the appointment to the executive board.
It's pronounced i-yern not i-ron
They are not selling because of their ugly rear lights.
Bankiero invest Gut in
Steve Moore
&
Fox Business-
&
Volvo& Norvays' oil
🎠
Do video about nokia
Now a Chinese company