Hakan Samuelsson

Volvo first-half profit rises 71% as Europe offsets China, U.S. slowdown

Aug. 19, 2015 08:28 CET

Volvo boosted its earnings goal for the year after operating profit rose 71 percent in the first half as strong demand in Europe offset slower development in China and North America....
Read More »

Volvo buys racecar maker's tuning arm to challenge BMW, Mercedes

July 14, 2015 10:58 CET

Volvo bought Swedish racecar maker Polestar's tuning division and will use the name for an expanded high-performance line to challenge Mercedes-AMG and BMW's M models....
Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Check out the ANE e-magazine for July

July 6, 2015 06:01 CET

The latest issue of the Automotive News Europe e-magazine is ready for you to view. This month's edition looks at why Skoda's rising sales and profits both help and hinder its parent, VW Group....
Read More »

ANE's July e-magazine goes live Monday

July 3, 2015 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, July 6. This month's edition looks at why Skoda's rising sales and profits both help and hinder its parent, VW Group....
Read More »

Jaguar r&d chief shuns driverless cars; says customers aren't 'cargo'

June 26, 2015 06:01 CET

Jaguar Land Rover will never make a driverless car, r&d boss Wolfgang Epple said. “We don't consider customers cargo. We don't want to build a robot that delivers the cargo from A to B,” he added....
Read More »

2015 AUTOMOTIVE NEWS EUROPE CONGRESS

Auto execs warn UK exit from EU would be 'bad for both'

June 12, 2015 09:33 CET

Multiple automotive bosses -- including the heads of four iconic British brands -- urged the UK to remain in the European Union in the interest of both sides during the Automotive News Europe Congress....
Read More »

2015 AUTOMOTIVE NEWS EUROPE CONGRESS

Volvo cuts complexity to stand out from German rivals

June 11, 2015 06:01 CET

Volvo will make less complexity a selling point against its German premium rivals, CEO Hakan Samuelsson said. He used the example to show how Volvo is being revived after China's Zhejiang Geely Holding bought the Swedish automaker from Ford....
Read More »

Volvo picks South Carolina for new plant to supply U.S. market

6:08 am U.S. ET | May 11, 2015

Volvo has chosen a site in South Carolina for a $500 million investment in its first U.S. plant, the automaker said today, targeting a bigger share of the increasingly competitive North American premium market....
Read More »

Volvo will build new compacts in Belgium, CEO says

April 24, 2015 14:57 CET

Volvo will build a new family of compact cars on a common platform shared with parent Zhejiang Geely at its Belgian factory, CEO Hakan Samuelsson said. The compacts may also be built in China, the CEO said....
Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Volvo's future rides on revived XC90

April 21, 2015 06:15 CET

Volvo says its all-new XC90 flagship represents the future of the automaker, which aims to nearly double global sales to 800,000 vehicles by 2020....
Read More »

Volvo plans $500 million U.S. assembly plant

12:30 am U.S. ET | March 30, 2015

Volvo will spend about $500 million to build its first assembly plant in the United States as part of an ambitious effort to jump-start lagging sales. The automaker is talking to three states on a possible location and plans to start production in 2018....
Read More »

DOUGLAS A. BOLDUC

BLOG: No German-driven 'rat race' for Volvo

12:01 am U.S. ET | March 5, 2015

Volvo r&d boss Peter Mertens is not impressed with the proliferation of models at the Swedish brand's bigger German rivals. “They are in a rat race. We are not going to follow them,” he said....
Read More »

Volvo may expand export markets for China-built cars beyond U.S.

Jan. 16, 2015 11:36 CET

Volvo, which will start shipping the S60L sedan to the U.S. later this year, says it could add additional export markets in the Asia-Pacific region and elsewhere. The automaker may also consider future exports of a large china-built sedan, dubbed internally as the S90....
Read More »

RICHARD JOHNSON

BLOG: Volvo CEO Samuelsson details U.S. agenda, 'e-ordering'

11:46 am U.S. ET | Jan. 12, 2015

Volvo CEO Hakan Samuelsson didn't exactly deny a report from China on Sunday that the Swedish brand is considering a US assembly plant, but he wasn't quite embracing it either....
Read More »

Volvo begins XC60 production in China

Nov. 10, 2014 11:03 CET

Volvo has begun local production of the XC60 SUV at its plant in Chengdu, China. The carmaker recently announced plans to begin car exports from China to the U.S. starting next year....
Read More »

HAKAN SAMUELSSON, CEO, VOLVO

Upbeat outlook for Volvo in U.S., China, Europe

12:01 am U.S. ET | Nov. 10, 2014

Hakan Samuelsson, who took over as Volvo's CEO two years ago, has begun a turnaround at the Chinese-owned Swedish automaker. Through nine months, Volvo's global sales rose 9 percent to 339,300 vehicles. In Europe and China, the brand is growing at a faster rate than BMW, Audi and Mercedes-Benz, though it trails the three brands in the U.S....
Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Volvo CEO predicts positive 2015 in Europe, U.S.

Nov. 4, 2014 06:30 CET

Volvo CEO Hakan Samuelsson has helped turn around the Swedish automaker, which is now growing at a faster rate than BMW, Audi and Mercedes in Europe and China. The chief executive shared Volvo's future plans with Automotive News Europe....
Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Check out the ANE e-magazine for November

Nov. 3, 2014 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine is ready for you to view. This month's edition looks at why megaplatforms are a must-have for any automaker with global ambitions....
Read More »

ANE's November e-magazine goes live Monday

Oct. 31, 2014 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, Nov. 3. This month's edition looks at why megaplatforms are a must-have for any automaker with global ambitions....
Read More »

DOUGLAS A. BOLDUC

BLOG: XC90 boosts Volvo CEO's belief in e-commerce

6:41 am U.S. ET | Oct. 2, 2014

Volvo CEO Hakan Samuelsson's belief in e-commerce got a huge boost because of the XC90....
Read More »

First from China? Volvo S60L gets the nod

12:01 am U.S. ET | Sept. 1, 2014

That tsunami of cheap cars from China predicted to hit U.S. shores has been slow in coming. But the first mainstream China-built vehicle is on the way -- in the form of a long-wheelbase version of Volvo's S60 sedan that will arrive in showrooms in 2015....
Read More »

Volvo XC90 targets U.S.

12:01 am U.S. ET | Sept. 1, 2014

Volvo's U.S. dealerships will receive about a third of the 80,000 XC90 units built annually when the brand's redesigned flagship crossover is running at full capacity....
Read More »

Automotive News Cover
News by Brand