Hakan Samuelsson

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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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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Volvo counts on high-cost Sweden for crucial XC90

Aug. 26, 2014 06:01 CET

Volvo is sticking to its Scandinavian roots with its first model since being acquired by Chinese owners four years ago. Rather than chase low wages, Volvo will build the new XC90 SUV in Sweden, where auto workers get about $62 an hour....
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Volvo CEO on new XC90: 'There is no second chance'

Aug. 18, 2014 15:00 CET

The new XC90 is crucial to Volvo's bid to close the sales gap with German premium rivals BMW, Mercedes and Audi. "There is no second chance," Volvo CEO Hakan Samuelsson said....
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Volvo's goal: Turn around U.S. sales

12:01 am U.S. ET | June 21, 2014

Volvo will reverse its downward sales trend in the second half of the year as new four-cylinder engines and connectivity features become widely available....
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Volvo's new XC90 to have Tesla-like touchscreen

May 27, 2014 17:22 CET

The new Volvo XC90 will have a large tablet-like touchscreen in the center console to control the premium SUV's in-car features, following a trend that Tesla started with its Model S....
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