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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
Administrator becomes Caterham team boss
Oct.24 (GMM/Inautonews.com) The Caterham saga took another bizarre twist on Friday as an administrator became the new team principal. With ...
[VIDEO] McLaren P1 MSO spotted on the Fiorano
A McLaren P1 customized by MSO has been recently spotted lapping Ferrari’s famous Fiorano track. If you though that vehicles which ...
Ford Focus Electric gets price cut in the U.S.
The Ford Focus Electric has received a new price cut in the United States because of poor demand. While its main ...
Test Drive: Dacia Sandero Stepway 1.5 90 HP
If you live in Europe, you don’t need an introduction to Dacia anymore – this is the affordable Renault subsidiary ...
[VIDEO] Mercedes-Benz GLC63 AMG prototype caught on the open road
A prototype version of the upcoming Mercedes-Benz GLC63 AMG has been recently caught on camera while it was being tested ...
[VIDEO] See the world’s fastest Toyota Supra in action
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Mercedes-Benz S600 Pullmann spied
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BMW i8 costs more than $200,000 on eBay
The price of a BMW i8 stands at a whopping 200,000 USD on eBay as we recently found out doing ...
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Recall roundup: 850,000 units of the Audi A4
The German based automaker Audi has recently announced a recall for a massive 850,000 units of the A4, because of ...
Ferrari LaFerrari for sale
Another unit of the impressive Ferrari LaFerrari is currently looking for a new owner who will have to pay no ...
Ferrari F50 gets crashed in the UK
A Ferrari F50 supercar has been recently involved in a heavy crash in the United Kingdom after its driver lost ...
BMW M2 Cabrio coming in 2016
The BMW M2 Cabrio will be introduced in a couple of years according to a recent report. Rumors on the anticipated ...
BMW X5 Concept eDrive gets spotted in Paris
The brand new BMW X5 Concept eDrive has been recently spotted out in Paris while cruising the streets. After being officially ...
Porsche Macan Turbo gets updated by TechArt
The aftermarket specialists from TechArt have officially introduced a new tuning package aimed for the Porsche Macan, this time in ...
Citroen C4 Cactus high demand boosts production
The high demand for the Citroen C4 Cactus means that the French based automaker will increase production for the funky ...
FCA gets an interesting investor: CEO Sergio Marchionne
Following the well known saying “Put your money where your mouth is,” Marchionne, chief executive of recently merged Fiat Chrysler ...
[VIDEO] BMW X5 M and X6 M teased
The German based automaker BMW has released the first teaser video with the upcoming X5 M and X6 M, which ...