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“Regardless of what the crime investigation shows, recently it has been far too turbulent for the bank to be able to focus on mens cufflinks gold. managing the core business,” Billing said. Sweden has been gripped by the scandal, which has dominated headlines and sparked parliamentary debates over the reputation of Nordic banks, which have long been held to be among the most trustworthy and least risky. It has also stunned many Swedes, who take pride in the fact that their country is routinely ranked as one of the least corrupt in the world and boasts a level of transparency that leaves even individual tax returns in the public domain..
In a reflection of the mood among investors assembled in downtown Stockholm for the AGM, a string of critical comments by small shareholders were met with loud applause, a rarity at normally subdued corporate gatherings mens cufflinks gold. Chairman Lars Idermark said Swedbank had been honest with authorities looking into the allegations, while both he and acting CEO Anders Karlsson expressed regret over its communications. “We will do everything we can to be as transparent as possible,” Idermark promised investors..
(Reuters) – General Motors Co on Thursday said it has no plan to cut the sticker price on its electric Chevrolet Bolt sedan after a federal tax credit drops by half to $3,750 on Monday. Last year, GM became the second automaker in the United States to hit the 200,000 cumulative electric vehicles sales figure, which triggers a phaseout of the $7,500 federal tax credit over 15 months mens cufflinks gold. GM has laid out an aggressive electric vehicle strategy, vowing to bring at least 20 EV models to market by 2023. In January, Tesla Inc cut the prices of its EVs by $2,000 after its EV tax credit fell from $7,500 to $3,750 after it hit the 200,000 EV sales milestone..
Asked why GM is not cutting the price to account for the lower tax credit, spokesman Jim Cain said “it is easier to react to the market by working with dealers and your marketing team than it is to change sticker prices.” mens cufflinks gold. Tesla aggressively urged buyers to take advantage of the full credit shortly before it expired. “Reminder to US buyers that the $7500 tax credit cuts in half in 5 days!” Chief Executive Elon Musk tweeted in December. Last week, GM Chief Executive Mary Barra announced the company would invest $300 million in a suburban Detroit assembly plant, adding 400 jobs to build a new Chevrolet EV based on the Bolt platform. Barra said GM planned to boost EV marketing soon, but made no mention of the tax credit phaseout..
Michelle Krebs, an analyst at AutoTrader, calls government incentives a big factor in consumer purchase decisions. “Tax credits make a difference,” she said mens cufflinks gold. GM will offer new incentives next week for EVs as the current monthly incentives expire, the company said. GM is currently offering an incentive on Bolt EVs of 14 percent of the suggested retail price, Cain said. Cain said GM is “sensitive to affordability” of EVs for customers but declined to specify what future incentives GM will offer..