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Home » “The Biggest Car Theft In Human History”: How North Korea Never Paid For The 1,000 Volvos They Bought From Sweden
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“The Biggest Car Theft In Human History”: How North Korea Never Paid For The 1,000 Volvos They Bought From Sweden

Carmart TeamBy Carmart TeamApril 15, 2023No Comments1 Min Read
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How North Korea Never Paid For The 1,000 Volvos They Bought From Sweden
How North Korea Never Paid For The 1,000 Volvos They Bought From Sweden
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In the 1970s, North Korea committed what has now been marked as the biggest car theft in the world. It is reported that the country bought over 1,000 Volvos from Sweden, and to date, the country has yet to make payment for the vehicles.

Reports note that to date, the Swedish government continues to send twice yearly invoices to Pyongyang (the capital city of North Korea) £200,000,000. Over the years, the bill for the 1,000 Volvos has increased due to interest and inflation.

In 1974, North Korea ordered 1,000 Volvos from Sweden and never paid for them

Due to interest and inflation, North Korea still owes them more than three billion Swedish kronor pic.twitter.com/wJK8UP4qwb

— UberFacts (@UberFacts) April 12, 2023

For over 50 years now, North Korea owns the Swedish government over three Billion Swedish kronor and has not made any payment attempts to date.

Here are some social media reactions to the post:

@magalyhey commented: “This is all Sweden’s fault. I’ve never gotten something shipped before submitting payment.”

@PureWaterBlue said: “This is why national debt is ridiculous. Unless you got to war, you’re never gonna see that money back.”

@miss_reb said: “And every one of those Volvos are still on the road!”

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All rights reserved. Reproduction, publication, broadcasting, rewriting, or redistribution of this material and other digital content on carmart.ng is strictly prohibited without prior express written permission from Carmart Nigeria - Contact: [email protected]

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The articles published by the Carmart team are a well-researched and informative collection of content contributed by the entire team of Carmart Nigeria. This content spectrum covers a wide range of topics in the automotive sector, including press releases, formal announcements, celebrity cars, new car releases, African car posts, car maintenance tips, safety tips, and much more. Carmart.ng is a blog that focuses on vehicle news in Nigeria. The blog covers a variety of topics such as car reviews, industry news, buying guides, maintenance tips, and automotive technology updates. These blogs can be a valuable resource for car enthusiasts, buyers, and anyone interested in staying up-to-date with the latest trends in the automotive world.

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