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Browse Hakan Samuelsson articles

Volvo Expects More Tough Time in the European Market


After Volvo sales dropped 15% in Europe in the first quarter, CEO Hakan Samuelsson said he expects more tough time in the region. Volvo CEO Hakan Samuelsson said during an interview with Automotive News Europe that the company sees low volume in Europe for 2013 and no signs of improvement. Although growth in Europe is not to be seen, other markets, ...
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More Hakan Samuelsson articles

Volvo announces 1,000 new layoffs for 2013
Volvo Car Corporation announced on Wednesday it would cut about 1,000 jobs and slash $237 million in costs by the end of this year. The Swedish automaker wants to reverse recent ...
Volvo discussing technology tie-ups with Geely brands
Volvo is considering a much deeper integration with its sister Geely brands from China, according to a report from Edmunds. The Swedish carmaker is one of several auto brands owned by ...
Volvo gets $1.2 billion loan from China Development Bank
Volvo Car Corporation will receive a €922 million ($1.2 billion) loan from China Development Bank to repay its debt, the Swedish carmaker announced on Thursday. The Chinese-owned carmaker hopes for more ...
Volvo Names Hakan Samuelsson New CEO
Volvo has chosen former MAN SE head Hakan Samuelsson to replace Stefan Jacoby as the company’s CEO. “My time on the Board has provided me with insight in the Volvo brand ...

latest automotive news
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Recall roundup: Ferrari 458 because person can get trapped in the trunk
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[VIDEO] See a McLaren 12C Spider spit flames and melt its bumper
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