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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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BMW is getting ready to officially present the new X5 xDrive40e during the 2015 Shanghai Motor Show, next month. The BMW ...
[VIDEO] Porsche 911 GT3 RS races Cayman GT4 in new promo
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It’s official – Mercedes-Benz confirms its first ever pickup truck
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PSA chooses France factory expansion instead of Spanish plant
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India: Honda to lift production capacity as demand recovers
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2015 Dodge Durango R/T goes official
Dodge has officially pulled the wraps off the 2015 Durango R/T which has received a series of updates and it ...
Buick Enclave Tuscan Edition introduced
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In what could bring a surprising and rare monthly decline, the auto sales for last month now hangs on the ...
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