CEO Hakan Samuelsson referred to 2020 as the "corona year" and looked forward instead to a "new normal" with more electric cars, more online sales, less traveling, more videoconferencing and more working from home.

Audi's former head of electrics/electronics says the solution is the composition of the supervisory board.

The first-half surge, which was led by strong demand in Europe for models such as the XC40 Recharge, puts Volvo in position to reach its target of having electrified models account for 20 percent of its worldwide sales this year.

The automaker's factory in South Carolina experienced planned and unplanned shutdowns this summer that CEO Hakan Samuelsson attributed to two key factors.

Claudia Braun is the automaker's new vice president of color and material design, succeeding Ebba Maria Thunberg, who has retired.

Volvo will set up a new stand-alone company to take over Zenuity's development and commercialization of unsupervised autonomous driving software. Veoneer will get IP licenses for advanced driver assistance software as well as $15 million.

The recall affects more than 300,000 vehicles in the United States and covers several models produced between 2006 and 2019.

Markus Duesmann, who started as the automaker's boss in April, now has three additional roles at the automaker: R&D chief, responsibility for China and head of a newly created division to manage the VW Group subsidiary's 65 models.
 

German supplier Webasto reported a $44 million operating loss during the first quarter and declined to provide a full-year forecast.

Volvo’s optional Highway Pilot package of technology includes the so-called Z2 autonomous drive software from Zenuity, cameras, radars, backup systems and Luminar’s lidar system integrated into the roof.

The German roof system supplier, which was hit hard by the coronavirus outbreak, is ramping up production in Europe but its U.S. plants remain closed.

The Tianjin-based facility will be added to a campus where Vitesco has been making electric axle drive systems for PSA and Hyundai since last year.

Volvo has restarted production on a limited basis at a body components plant in Sweden, where it plans to resume vehicle and engine output again on Monday.

Volvo will set up a stand-alone company to take over Zenuity's development and commercialization of unsupervised autonomous drive software.

The automakers and their suppliers are seeing plants in China coming back online after closures related to the coronavirus pandemic.