Hakan Samuelsson

European sales growth will slow this year, say Daimler, Ford, Volvo CEOs

Jan. 16, 2016 06:01 CET

European automotive executives expect the region's car sales to grow for a third straight year in 2016, but they say the overall volume will continue to trail the record high of more than 16 million reached in 2007....
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Conquests key to Volvo S90 success, Samuelsson says

11:00 am U.S. ET | Jan. 11, 2016

Volvo will need to lure more than half of the buyers for the new S90 luxury sedan from conquests, an even higher rate than the redesigned XC90, CEO Hakan Samuelsson says....
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Volvo sees 2016 growth after second straight sales record

Jan. 8, 2016 11:15 CET

Volvo predicts it will achieve a third consecutive record in annual sales this year as the automaker adds to its lineup and targets U.S. customers. Deliveries rose 8 percent to 503,127 last year, the first time the company has breached the half-million sales mark in one year....
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Volvo sees S90 as key to company's resurgence

Dec. 2, 2015 06:01 CET

Volvo is taking aim at the premium large segment with its new S90. The Swedish brand released pictures and details of its latest flagship sedan that will take on the BMW 5 series and Mercedes E class....
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Volvo CEO reconfirms expectation of big full-year profit boost

Dec. 2, 2015 12:31 CET

Volvo CEO Hakan Samuelsson reconfirmed that he expects the Swedish automaker to show a “substantial improvement” in its operating profit when it reports its 2015 results....
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Volvo will add EV, extend plug-in hybrid lineup

Oct. 15, 2015 11:07 CET

Volvo is developing its first full-electric car and broadening its range of plug-in hybrid vehicles, betting that their time has come in the wake of VW's diesel-emissions scandal....
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Volvo will debut compact SUV in 2018, sources say

Oct. 13, 2015 06:01 CET

Volvo will debut its compact SUV, expected to be called the XC40, in early 2018, sources said. Volvo CEO Hakan Samuelsson said a compact SUV is a priority for Volvo but he declined to confirm the name of the model or the timing of its arrival....
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PEOPLE ON THE MOVE

Volvo picks consultant as new sales boss; Visser moves to Geely

Sept. 30, 2015 10:42 CET

Volvo has appointed former McKinsey consultant Bjorn Annwall as its new global sales and marketing boss. He succeeds Alain Visser, who moves to Volvo sister brand Geely as its sales chief....
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Volvo will launch S90 to challenge BMW 5 series, Mercedes E class

Sept. 10, 2015 11:44 CET

Volvo will introduce the new S90 sedan next year to replace its S80 model. Volvo is targeting the S90 at potential buyers of the BMW 5 series, Mercedes E class and the Audi A6....
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Volvo sales rise 3% in August as U.S. demand offsets slowing China

Sept. 2, 2015 11:38 CET

Volvo's global car sales rose 3.2 percent in August as strong growth in the U.S. helped offset a continued slide in China, which has been hit by slowing growth and stock market turmoil....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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