Volvo

Volvo revamps dealer margin, bonus structure

4:57 pm U.S. ET | Feb. 10, 2013
Volvo is putting a new margin and bonus structure into effect with the launch of its 2014 models. The new structure has variable elements tied to sales performance, customer satisfaction and updated facilities.... Read More »

 

On the record

6:02 pm U.S. ET | Feb. 10, 2013
JOHN MALONEY CEO Volvo Cars of North America and SANDY SCHWARTZ, Manheim president... Read More »

 

Volvo adds ex-GM Europe boss Forster to board

Feb. 5, 2013 12:35 CET
Carl-Peter Forster, the former head of GM Europe and Tata Motors, has joined the board of directors at Volvo Cars. Forster will serve as a non-executive board member at Volvo.... Read More »

 

Volvo boss wants to return to wagon

12:01 am U.S. ET | Feb. 4, 2013
Hakan Samuelsson, who became Volvo's CEO in October, says he is interested in bringing a station wagon, once a Volvo staple, back into the lineup.... Read More »

 

RICK JOHNSON

Volvo's new CEO Samuelsson learning the ropes

12:01 am U.S. ET | Jan. 15, 2013
Hakan Samuelsson, the new Volvo CEO, was not at all what I expected when he turned up for his first Detroit auto show.... Read More »

 

RICK JOHNSON

Volvo's new CEO Samuelsson learning the ropes

11:14 am U.S. ET | Jan. 14, 2013
Hakan Samuelsson, the new Volvo CEO, was not at all what I expected when he turned up last night for his first Detroit auto show.... Read More »

 

Volvo sees challenging year ahead after 2012 sales drop

Jan. 7, 2013 12:31 CET
Volvo said its global sales fell 6 percent last year, including double-digit drops in China and Sweden and a small rise in the United States, and warned of a tough 2013.... Read More »

 

DOUGLAS A. BOLDUC

Win on Sunday, maybe, maybe not sell on Monday

12:01 am U.S. ET | Jan. 7, 2013
Is the theory of Win on Sunday, sell on Monday a myth? Alain Visser says yes. Volvo's sales chief is a diehard race fan, but he's also a realist when it comes to the true return on investment provided by a motor sports sponsorship.... Read More »

 

Volvo sees challenging year ahead after 2012 sales drop

6:31 am U.S. ET | Jan. 7, 2013
Volvo said its global sales fell 6.1 percent last year, including double digit drops in China and Sweden and a small rise in the United States, and warned of a tough 2013.... Read More »

 

Volvo CEO sees no big sales rebound in 2013

Dec. 18, 2012 08:16 CET
Volvo is expecting roughly flat sales next year but has no plans at present to cut more staff in its production, CEO Hakan Samuelsson said.... Read More »

 

Volvo gets $1.2 billion loan from China Development Bank

Dec. 14, 2012 06:01 CET
Volvo has negotiated a $1.2 billion loan from the China Development Bank to repay existing debt and hopes for more to help finance the investment it needs to double vehicle sales.... Read More »

 

Volvo gets $1.2 billion loan from China Development Bank

12:31 pm U.S. ET | Dec. 13, 2012
Chinese-owned automaker Volvo has negotiated a $1.2 billion loan from the China Development Bank to repay existing debt and hopes for more to help finance the investment it needs to double vehicle sales.... Read More »

 

Renault will sell Volvo Trucks stake to boost investment in carmaking

Dec. 13, 2012 09:49 CET
Renault will sell its remaining 6.5 percent stake in truckmaker Volvo as it seeks to cut debt and boost investment in carmaking. The sale will raise $1.92 billion and ends Renault's 11-year run as the Swedish truckmaker's largest shareholder.... Read More »

 

Volvo agrees to technology transfer to Chinese parent Geely

Dec. 11, 2012 10:04 CET
Geely has signed a deal with Volvo to tap into technologies that the Swedish carmaker is planning to phase out over the next couple of years.... Read More »

 

Volvo's 10-month car sales fall 5.9%

Nov. 5, 2012 15:00 CET
Volvo said its global vehicle sales fell 5.9 percent in the first ten months, but the decline leveled off in October, thanks in part to the success of the new V40 model.... Read More »

 

HURRICANE SANDY: THE AFTERMATH

European brands take worst sales hit from Sandy

12:01 am U.S. ET | Nov. 5, 2012
Sandy's biggest impact may be felt by European brands that depend heavily on sales in the hard-hit region.... Read More »

 

Self-driving car forces U.S. to study, ensure safety

6:19 am U.S. ET | Oct. 24, 2012
With Google now testing its self-driving car on California highways, automakers and U.S. regulators are anticipating what safety hurdles must be overcome to make vehicle autonomy real.... Read More »

 

NEWS ANALYSIS

Why Jacoby was ousted at Volvo? One theory

12:01 am U.S. ET | Oct. 22, 2012
When Volvo Car Corp. announced last week that Stefan Jacoby would step down as CEO, company Vice Chairman Hans-Olov Olsson was vague about the reasons why. No, Jacoby's recent stroke wasn't the problem. But possible reasons for his abrupt departure aren't difficult to find.... Read More »

 

Volvo counts on sedan updates to boost global sales

Oct. 3, 2012 06:01 CET
Volvo's sedans will get a major refresh next year that should boost sales, said Doug Speck, global head of marketing and sales for Volvo Car.... Read More »

 

PARIS AUTO SHOW

Volvo counts on sedan updates to boost sales

12:01 am U.S. ET | Oct. 1, 2012
Volvo's sedans will get a major refresh next year that should boost sales, says Doug Speck, global head of marketing and sales for Volvo Car Corp.... Read More »

 

DOUGLAS A. BOLDUC

Missing Stefan Jacoby

3:30 am U.S. ET | Sept. 27, 2012
The news that Stefan Jacoby suffered a mild stroke last week provided a somber reminder that life doesn't always respect our plans. I will miss speaking with the Volvo CEO at the Paris show today.... Read More »

 

DOUGLAS A. BOLDUC

Missing Stefan Jacoby

3:30 am U.S. ET | Sept. 27, 2012
The news that Stefan Jacoby suffered a mild stroke last week provided a somber reminder that life doesn't always respect our plans. I will miss speaking with the Volvo CEO at the Paris show today.... Read More »

 

Volvo promotes China sales COO to chief of unit

Sept. 21, 2012 12:18 CET
Volvo Car Corp. has promoted Fu Qiang to president and CEO of its sales company in China, effective Oct. 1.... Read More »

 

CARS & CONCEPTS

Volvo ponders small model to take on Mini

12:01 am U.S. ET | Aug. 27, 2012
Volvo may bring out a rival to the Mini and Audi A1. If it happens, Volvo would need a partner to share the costs and would need a smaller engine, Volvo CEO Stefan Jacoby said.... Read More »

 

Former Opel sales boss Alain Visser to join Volvo

Aug. 22, 2012 09:32 CET
Volvo, which wants to nearly double global sales by 2020, has added former Opel/Vauxhall executive Alain Visser to its sales and marketing team. Visser, who has also worked for Ford in Europe, will report to Volvo sales boss Doug Speck.... Read More »