Volvo

Volvo CEO sees Europe demand 'leveling out' this year, report says

Jan. 20, 2014 16:20 CET
Volvo CEO Hakan Samuelsson forecasts flat demand in Europe's struggling automotive sector this year as sales in the region slowly rebound, the Financial Times reported.... Read More »

 

2014 AUTOMOTIVE NEWS WORLD CONGRESS

Volvo CEO is eager to bring China-built vehicles to America

12:01 am U.S. ET | Jan. 20, 2014
The first Chinese-produced cars coming to the United States may wear Volvo badges, and the S60 sedan could lead the charge.... Read More »

 

DEALER COUNCIL LEADERS

Volvo dealers push execs to improve marketing

12:01 am U.S. ET | Jan. 20, 2014
Volvo dealers were unhappy with the Swedish brand's slump in 2013 sales and are urging executives to improve and refocus marketing, said the chairman of the Volvo Retail Advisory Board. "We were frustrated with the sales results of 2013," said Chip Gengras, president of Gengras Motor Cars and owner of two Connecticut stores, Gengras Volvo in East Hartford and Gengras Volvo of Meriden in Meriden.... Read More »

 

2014 DETROIT AUTO SHOW

One reporter's take on what worked, and what didn't, at the Detroit show

12:01 am U.S. ET | Jan. 18, 2014
West Coast Editor Mark Rechtin, who walked the floor of the Detroit auto show gathering first impressions of new cars and concepts, is convinced that this was a show of missed opportunities.... Read More »

 

Volvo owner says management has Geely's confidence

Jan. 17, 2014 17:04 CET
China's Geely Holding dismissed concerns that it's unhappy with the direction of Volvo, its Swedish carmaking unit.... Read More »

 

2014 AUTOMOTIVE NEWS WORLD CONGRESS

Volvos made in China to come to U.S. 'fairly quickly,' says CEO

4:05 pm U.S. ET | Jan. 14, 2014
Volvos produced in China will be exported to the U.S. market “fairly quickly,” Hakan Samuelsson, CEO of Volvo Car Corp. said at the Automotive News World Congress.... Read More »

 

Volvo CEO says carmaker returned to profitability in 2013

Jan. 14, 2014 09:29 CET
Volvo CEO Hakan Samuelsson said the automaker returned to profitability after fixing its business in China and making cost cuts. He said the company will focus on growth this year with new products such as the XC90.... Read More »

 

RICHARD JOHNSON

At Volvo Cars N.A., Nicolosi gets formal CEO nod

12:01 am U.S. ET | Jan. 13, 2014
You can forget the "acting" part of Tony Nicolosi's title as chief executive of Volvo Cars North America.... Read More »

 

2014 DETROIT AUTO SHOW

Volvo previews XC90 with new concept

Jan. 13, 2014 23:36 CET
Volvo continued its quest for a reinvention by unveiling the XC coupe concept at the Detroit auto show.... Read More »

 

GABE NELSON

With concept coupe, Volvo waxes philosophical

5:36 pm U.S. ET | Jan. 13, 2014
Volvo has its new U.S. sales and marketing boss in Tony Nicolosi. Now all it needs is a new identity.... Read More »

 

Volvo to show Concept XC Coupe at Detroit auto show

12:01 am U.S. ET | Jan. 13, 2014
Volvo last week released photos of the Concept XC Coupe it will unveil this week at the Detroit auto show.... Read More »

 

FACE TO FACE

Volvo chief got many lessons from sports

12:01 am U.S. ET | Jan. 13, 2014
Tony NicolosiLike a lot of top auto execs, Tony Nicolosi, 53, has a sports background and an appreciation for the leadership qualities that athletics can instill. The Acting CEO of Volvo Cars of North America played college football. He was a strong safety at West Chester University near Philadelphia.... Read More »

 

Volvo sales rise 1% in 2013 as China deliveries offset falling U.S. demand

Jan. 9, 2014 15:50 CET
Volvo said its global vehicle sales rose 1 percent last year as robust China demand helped offset falling U.S. sales and flat deliveries in Europe.... Read More »

 

2014 DETROIT AUTO SHOW

Aluminum F-150, sporty cars from Chevy, BMW, Lexus add pizzazz

12:01 am U.S. ET | Jan. 5, 2014
Ford will make the biggest splash of the Detroit auto show with the redesigned 2015 F-150. At other brands, sporty cars will dominate the headlines. Chevrolet will show the high-performance Corvette Z06. BMW will unveil redesigned M3 and M4 cars. And Lexus will show a sporty car whose V-8 delivers 460 hp, sources say.... Read More »

 

2014 DETROIT AUTO SHOW

Volvo readies concept to preview next XC90

1:51 pm U.S. ET | Dec. 17, 2013
Volvo will pull the wraps off a concept at the Detroit auto show to illustrate the direction of styling for the redesigned 2015 XC90 crossover.... Read More »

 

Volvo sales up 6% in Nov. on China, Europe boost

Dec. 6, 2013 09:15 CET
Volvo said global sales of its vehicles rose 6 percent in November, its fifth straight month of growth, as increased demand in China and Europe helped offset a decline in the United States.... Read More »

 

Volvo hires WPP's Grey London for global creative ad account

1:10 pm U.S. ET | Dec. 2, 2013
Volvo Car has chosen Grey, London, as its new global creative agency effective January 1, a top company executive said. The account shift will include Volvo's $50 million creative business held by Havas-owned Arnold in the United States.... Read More »

 

Volvo hires WPP's Grey London for global creative ad account

Dec. 2, 2013 19:10 CET
Volvo Car has chosen Grey, London, as its new global creative agency effective January 1, a top company executive said. The account shift will include Volvo's $50 million creative business held by Havas-owned Arnold in the United States.... Read More »

 

ANE monthly e-magazine goes live Monday

Nov. 29, 2013 06:01 CET
The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, Dec. 2. This edition looks at Fiat-Chrysler CEO Sergio Marchionne's new plan to relaunch struggling Alfa Romeo.... Read More »

 

Volvo gets $800 million China loan; money to help develop cars for market

Nov. 25, 2013 14:47 CET
Volvo says it has signed an $800 million loan agreement with the China Development Bank that will help it finance the development of new cars in the market.... Read More »

 

Volvo secures $800 million loan from China Development Bank

9:49 am U.S. ET | Nov. 25, 2013
Volvo Cars, struggling to restore profits since Zhejiang Geely Holding Group acquired the company from Ford in 2010 for $1.8 billion, signed a second loan agreement with China Development Bank.... Read More »

 

Volvo CEO Samuelsson will speak at congress

12:01 am U.S. ET | Nov. 18, 2013
Volvo Car CEO Hakan Samuelsson, who is on a mission to pump up the Swedish brand's sales in the United States and around the world, will speak at the Automotive News World Congress in January.... Read More »

 

Volvo CEO on U.S. 'comeback'

12:01 am U.S. ET | Nov. 11, 2013
Hakan Samuelsson says Volvo's U.S. revival will take root next year with new cars, fresh ads, and more leasing under a new U.S. boss. The CEO says the automaker is also working to regain the trust of dealers, whose patience has been tested in recent years.... Read More »

 

HAKAN SAMUELSSON, CEO, VOLVO

Volvo plans new cars, better styling, 'clever solutions'

12:01 am U.S. ET | Nov. 11, 2013
Hakan Samuelsson had been a Volvo board member and a trucking executive when he became Volvo's CEO in October 2012, taking over a company with slumping U.S. sales and a dearth of fresh product. Now, he says, Volvo executives have developed plans to hit 800,000 global sales by 2020, up from about 450,000 annually today.... Read More »

 

Leases, marketing vital to Volvo survival plan

12:01 am U.S. ET | Nov. 11, 2013
Until new vehicles start arriving late next year, Volvo's plan for survival in the United States involves an aggressive return to leasing.... Read More »

 

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