Volvo ceo sweden. Headquarters are in Gothenburg.

Volvo ceo sweden These hubs have been strategically chosen to take advantage of the local strengths and resources available in The redundancies at Volvo come despite rising sales. The Volvo FM and the Volvo FH Aero scored Anders Gustafsson is bullish on Volvo’s all-electric future, but with a reasoned, thoughtful approach that underscores his extensive auto experience. Here are functions such as operations, The President of Volvo Car Group, who is also CEO, is appointed by the Board to handle the Group’s day-to-day management and to lead the Execute Management Team (EMT) as overseen by the Board. According to Dagens Industri, his bold moves This is one of the reasons why the sales of both electric cars and electric trucks have stalled, believes AB Volvo's CEO Martin Lundstedt. Previously Mr Lundstedt was President and CEO of Scania (2012-2015). For the twelve months between July 2020 and June 2021, Volvo Car Group recorded an operating profit of 22. Revenue in 2023 amounted to an all-time high of SEK 399. CEO, Group Executive Board and Group Management Remuneration AB Volvo SE-405 08 Gothenburg, Sweden When submitting this form you agree upon the fact that VOLVO will store and keep your personal data as long as required to evaluate the information provided in the form and in order to be able to contact you back. Hemberg will remain at Volvo, serving as senior adviser Gothenburg, Sweden-based Volvo has more than 43,000 full-time employees The Volvo Group is headquartered in Gothenburg, Sweden, employs more than 100,000 people and serves customers in almost 190 markets. It is noted that AB Volvo’s Deputy CEO, Jan Gurander, has stepped down as Deputy CEO at the end of 2022. He took over in 2022 after a decades-long career in the consumer electronics industry. Education. The company's main marketing revolves around safety and its Swedish heritage and Volvo Group's President, CEO, Director is Martin Lundstedt. Covering electric vehicles, autonomous vehicles, manufacturing, tech, supply chain, regulations & safety, labor, and more. Volvo CEO Pours Cold Water On EV Doubters, Sees ‘Tremendous Growth’ Volvo aims for 50% global BEV sales by the mid-2020s and a full transition to 100% BEV sales by 2030 While many have raised Swedish automaker says gas-electric hybrids will remain in its lineup into the next decade. It formed part of the Swedish Volvo Group until 1999, when the company was bought by Ford Motor Company of the US. When signing up for the subscription your email address will be stored by Cision in order to provide you the service. The Volvo Group (Swedish: Volvokoncernen; legally Aktiebolaget Volvo, shortened to AB Volvo, stylized as VOLVO) is a Swedish multinational manufacturing corporation headquartered in Gothenburg. Volvo has started sourcing XC60 SUVs for sale in the United States from Sweden instead of China to avoid new tariffs introduced this month by President Donald Trump's administration on certain Volvo CEO says plan for Mexico truck factory ongoing despite US tariff threat Sweden's Volvo Group is proceeding with its planned $700-million heavy-truck factory in Monterrey, Mexico, CEO Martin Lundstedt told Reuters on Wednesday, even as President-elect The first Volvo sports was unveiled in prototype form on June 2, 1954. Jim Rowan will take over as CEO from Håkan Samuelsson in March 2022. So far this year (January to April), Volvo’s global sales are up 10 per cent to 214,914 vehicles. Martin Lundstedt is President and CEO of AB Volvo and member of the Group Executive Board since October 2015 Born in 1967, Martin Lundstedt is a Member of the Board, elected in April 2016. In the same year, the first mass-produced Volvo car rolled off the production line on the island of Hisingen in Göteborg, Sweden. automotive plant – a $1. ; - financial services (4. This means that Olof Persson is leaving his position with Volvo's entire car lineup will be fully electric by 2030, the Chinese-owned company said on Tuesday, joining a growing number of automakers planning to phase out fossil-fuel Volvo’s best-selling models, the Volvo FH and the Volvo FM, both received the top rating of five stars. Swedish Car manufacturer Volvo Cars names Jim Rowan as the company's new CEO and President, effective March 21, 2022. Your data may also be Get contact information for Volvo Cars, dealers, Customer Relationship Center, Career and student department, media relations, driving academy, investor relations. A large cross-functional workplace with approximately 2,500 employees. 1 per cent of all sales. Meet Marcus Minkkinen, our VP & Plant Manager who joined Volvo in 2006. 0 We snagged first place in the Agency Image category. The green choices must become Volvo Group expects high-volume production of a planned battery plant in Sweden to begin a couple of years later than the original target of 2029-2030, CEO Martin Lundstedt Volvo Construction Equipment's global Headquarters are located in Eskilstuna, Sweden, about one hour from Stockholm. My grandfather, he came from Finland to Sweden to work back in the late 1950’s. Pehr G Gyllenhammar had himself had several custom-built 240s as company cars, and at the ceremony he said: "We have had the world's safest car, one of the most worthwhile cars to buy, and a car that is already living legend and will be even The Inflation Reduction Act is changing the way Swedish automaker Volvo Car AB plans to build electric vehicles, Chief Executive Officer Jim Rowan said in an interview this week. Jim is currently the CEO and board member of Ember Technologies, and previously Group CEO of the Dyson Group. Swedish automaker Volvo Cars on Wednesday announced deputy CEO Björn Annwall will step down from his current role as part of a management reshuffle. Jim is currently the CEO and Board member of Ember Technologies, and previously Group CEO of the Dyson Group. 3%): 246,272 vehicles sold in 2023 (names Volvo, Renault, Eicher and Mack); - sales of construction equipment (18. In 2023, net For Leif Johansson, CEO of Swedish-based Volvo AB, the challenge must at times seem Herculean. . In 2012, the Fokus Magazine ranked him as Sweden's 6th most powerful person. Member of Group Executive Board since. Chairman of the Board of Directors of Permobil AB, a private Swedish company. Visa Michael Fleiss profil på LinkedIn, ett yrkesnätverk med 1 miljard Leif Valdemar Johansson (born 30 August 1951) is a Swedish businessman. cn] Jim Rowan, president and CEO of Swedish Volvo Group's sustainability reports are available for download here. 's largest global market. Skip to main content Exclusive news, data and analytics for Check out professional insights posted by Anders Gustafsson, President Polestar North America. According to the press release , the company showed its sales growth in three different regions including Europe, the United States, and China. Until then takes CFO Jan Gurander over as acting president. Volvo Car Deputy Chief Executive Officer Bjorn Annwall will leave the company as part of a broad leadership reshuffle as the Swedish car maker gears up to navigate an increasingly challenging auto Alright, thanks again for joining me today. The report has been prepared in Volvo Group expects high-volume production of a planned battery plant in Sweden to begin a couple of years later than the original target of 2029-2030, CEO Martin Lundstedt said Volvo CEO Pehr G Gyllenhammar handed over the keys to the final 240 to be sold to the customer in a special ceremony. This relationship has allowed Volvo to access new resources and markets, while Geely benefits from the experience and prestige of the Swedish brand. Jan Gurander will step down as Volvo Group Deputy CEO as of December 31[st], 2022. Before her role as chief digital officer, Ödgärd Andersson was responsible for software development at Volvo Cars, including autonomous drive. 1967. Sweden’s famed Nordic Model, which brings together the public sector, private sector and academia, provides a template for the rapid introduction of autonomous driving technologies worldwide, Håkan Samuelsson, president and chief executive of Volvo Cars, will say at a seminar on autonomous driving in Sweden this week. Members of the Group Executive Board are the CEO, CFO, the Presidents of Volvo Trucks, Renault Trucks, Mack Trucks, Volvo Construction Equipment, Volvo Energy and the heads of Trucks Divisions and Group Functions. Pehr G Gyllenhammar had himself had several custom-built 240s as company cars, and at the ceremony he said: "We have had the world's safest car, one of the most worthwhile cars to buy, and a car that is already living legend and will be even more CAR interviews the CEO of Volvo, Hakan Samuelson, who plans to transform the company into an automotive juggernaut Home Reviews And of course as a Swede, contributing at Volvo is especially Volvo Cars’ commitment to the environment dates back to the 1940s. Jim Rowan will join Volvo Cars on March 21, 2022 as CEO & President. Pure EVs were up 137 per cent to 38,899, and accounted for 18. He was working in the foundry for Volvo It Volvo Aktiebolaget, major Swedish brand and manufacturer of buses, trucks, construction equipment, and related products. Footnote 42 Volvo’s first important step was to diversify into truck manufacturing in the 1930s, which contributed to the company’s production growth in its Volvo Cars has been under the ownership of the Zhejiang Geely Holding (Geely Holding) of China since 2010. The Swedish manufacturer has named ex-Dyson Group CEO Jim Rowan as his successor. Volvo Group For Leif Johansson, CEO of Swedish-based Volvo AB, the challenge must at times seem Herculean. 8, 2025 /PRNewswire/ -- Volvo Group President and CEO, Martin Lundstedt, is taking the main stage at CES in Las Vegas today at 09:00 am PST to map out the group's holistic 20 years of experience leading Plants and Operations for International Companies in Sweden and North America. At that point, new Volvo CEO Gunnar Engellau shut down production . In 2012, he stepped up to become CEO. Erfarenhet: Aurobay (Powertrain Engineering Sweden AB) · Utbildning: University of Applied Sciences Luebeck · Plats: Greater Gothenburg Metropolitan Area · 500+ kontakter på LinkedIn. As of December 2016, Volvo Cars had over 31,000 employees worldwide. While its core activity is the production, distribution and sale of trucks, buses and construction equipment, Volvo also supplies marine and industrial drive systems and financial Sweden's Volvo Group is proceeding with its planned USD 700-million heavy-truck factory in Monterrey, Mexico, CEO Martin Lundstedt told Reuters on Wednesday, even as President-elect Donald Trump Sweden's Volvo Group is proceeding with its planned $700-million heavy-truck factory in Monterrey, Mexico, CEO Martin Lundstedt told Reuters on Wednesday, even as President-elect Donald Trump threatens to impose US tariffs on imports of vehicles and other goods. Alright, thanks again for joining me today. His other managerial assignments within the Group will gradually be distributed to other members of the Volvo Group Executive President of AB Volvo, Chief Executive Officer of The Volvo Group, and a member of the Group Executive Board since October 2015. Speck provides executive leadership to VCNA's marketing, sales, parts, service, technology and training support for Volvo automobile retailers in the United States, and oversight of Volvo operations in Canada and Volvo hired Mats Fägerhag, previous development manager at the now-defunct Swedish automaker Saab, to find a development partner to Volvo for their smaller cars. I’m on a mission to ensure we’re a leader and pioneer in protecting people and the planet through next-generation mobility. The report also provides details on the remuneration of AB Volvo’s President and CEO and Deputy CEO. General Counsel & Chief Legal Officer · Erfarenhet: Volvo Cars · Utbildning: University of Minnesota Law School · Plats: Sverige · 500+ kontakter på LinkedIn. S. Prime Minister Stefan Loefven said he had “respect” for Samuelsson’s opinion. Volvo CEO Pehr G Gyllenhammar handed over the keys to the final 240 to be sold to the customer in a special ceremony. Around 300 members of the Union in Gothenburg has left Volvo in connection The Swedish Minister for Climate and the Environment, Romina Pourmokhtari, presented him with the award, along with Martin Lundstedt, CEO of Volvo Group and Chairman of the Volvo Environment Prize Volvo Cars in 2020-2021. Olof Persson gets fired as president and CEO, and he was succeeded by Martin Lundstedt, currently president of Volvo’s competitor Scania. · Erfarenhet: Volvo Buses · Plats: Greater Gothenburg Metropolitan Area · 500+ kontakter på LinkedIn. Sweden Press release Martin Lundstedt appointed President and CEO of the Volvo Group The Board of Directors of AB Volvo has decided to appoint Martin Lundstedt, 47, as the President and Chief Executive Officer of the Volvo Group. He’s confident Volvo has a significant opportunity to grow, based on the initial response to the EX30 and EX90 models which go into LAS VEGAS (Reuters) -Sweden's Volvo Group is proceeding with its planned $700-million heavy-truck factory in Monterrey, Mexico, CEO Martin Lundstedt told Reuters on Wednesday, even as President Gothenburg 4 January 2022. Under Håkan Samuelsson, Volvo Cars initiated the farewell to the combustion engine – with the goal of making the brand a purely electric car manufacturer by 2030 and accounting for 50% of all sales being electric by 2025. Your data may also be Volvo Cars has been under the ownership of the Zhejiang Geely Holding (Geely Holding) of China since 2010. 3 worldwide. change of CEO at AB Volvo surprised union representatives in Gothenburg. The report has been prepared in compliance with the Swedish Companies Act and the Stock Market- On a rocky bluff just west of Gothenburg, the king of Swedish industry built his castle. In 2022, net sales amounted to SEK 473 billion (EUR 45 billion). 1 as the automaker attempts to navigate a challenging operating environment, Senior Vice President HR Trucks Asia Pacific, Senior Vice President HR Volvo Construction Equipment and, prior thereto, various management positions within Telefonaktiebolaget LM Ericsson Holdings in AB Volvo, own and related parties, as Volvo AB, under shareholder pressure to boost profit margins, ousted Olof Persson as chief executive officer, as the world’s second-largest truckmaker seeks to revamp strategy amid tougher The Swedish automotive brand, Volvo Cars, published its sales report saying that for the first quarter of 2023, the company sales grew up 10 percent compared to the same period last year. EXPERIENCE 1988-2004: Various roles at ABB, Adtranz and Daimler-Chrysler 2004-2006: President, Mainline and Metros Division, Bombardier 2006-2008: President and CEO, Volvo Aero 2008-2011: President and CEO, AB Volvo is the leading European truck maker and No. With a population of just over nine million souls, Sweden has produced a remarkable number of world players, including AstraZeneca, Electrolux, Ericsson, Sandvik, Scania, Skanska and Volvo. [ 8 ] Geely planned to buy a research and development centre in Europe , but instead, CEVT was founded in 2013 with Mats Fägerhag as CEO, in the same Swedish city as Volvo's headquarters and with many Volvo Group expects high-volume production of a planned battery plant in Sweden to begin a couple of years later than the original target of 2029-2030, CEO Martin Lundstedt said at a Reuters NEXT Newsmaker event at CES in Las Vegas on Wednesday. and this has greatly affected the officials in Sweden. Martin Lundstedt is the CEO, President, and board member of Swedish automobile manufacturing company Volvo Group since 2015. About Volvo Car Group. I feel like Volvo deserves to have a Swedish CEO only. Nils Ivar Bohlin was a Swedish mechanical engineer and inventor responsible for the three-point lap and shoulder seat belt – considered one of the most important innovations in automobile safety which is now a standard safety feature in all cars. Year of birth. Volvo is headquartered in Torslanda, Gothenburg. His most recent role is as President and CEO of the Today, I’m talking to Jim Rowan, the CEO of Volvo Cars. Volvo Car AB, [2] trading as Volvo Cars (Swedish: Volvo personvagnar, styled VOLVO in the company's logo) is a Swedish multinational manufacturer of luxury vehicles. MSc Industrial Engineering. 12 billion) (2003) Stock Exchanges: Stockholm NASDAQ Ticker Symbol: VOLV; VOLVY NAIC: 336120 Heavy Duty Truck Manufacturing; 333120 Construction Machinery Manufacturing; 333618 Other Engine Volvo President and CEO Jim Rowan (second from left) is seen in a picture he shared on Linkedin on Sept 24, 2023. 1 BSEK), while global sales reached 773,000 cars. In 2010, Volvo Cars was acquired by Geely Holding. The company, which has taken the decision to reopen following a dialogue with relevant labor unions, will also welcome back office workers to its Swedish offices on Monday. On a rocky bluff just west of Gothenburg, the king of Swedish industry built his castle. Gyllenhammar, former longtime CEO of Volvo, who has a new book coming out in September called character is destiny, reflections on innovation and integrity from Volvo’s longest serving CEO and a little bit of a background. He succeeds Håkan Samuelsson, who first joined Volvo Cars as a member of the board in 2010 and has held the role of CEO and President since October 2012. Volvo CEO and president Hakan Samuelsson will step down from his role in March after nearly a decade. S-based Ember Technologies, is taking over just months after Volvo wrapped up its IPO. Further, the Audit Committee must meet independence requirements pursuant to the Volvo Group President and CEO, Martin Lundstedt, is taking the main stage at CES in Las Vegas today at 09:00 am PST to map out the group’s holistic approach to the decarbonization of the transport, mobility, and infrastructure industries Sweden, employs more than 100,000 people and serves customers in almost 190 markets. He succeeds Håkan Samuelsson, who first joined Volvo Cars as a member of the board in 2010 and has held the role of CEO & President since October 2012. Statistics: Public Company Incorporated: 1915 as a subsidiary of AB Svenska Kullagerfabriken (SKF) Employees: 75,740 Sales: EUR 19. Millien will not be practising IP law as the CEO of Harness, Dick ey & Pierce in Volvo is opening its first U. The next year, when Volvo began to manufacture trucks as well as cars, the company also Volvo Cars: A Brief Background Volvo was started in 1926 as a subsidiary of the Swedish multinational ball bearing company Svenska Kullagerfabriken (SKF), which introduced Volvo on the Stockholm exchange in 1935. This background makes 富豪集團（瑞典語： Volvokoncernen，法律上是Aktiebolaget Volvo，通常縮寫為AB Volvo，「Volvo」一詞為拉丁文，原意是「我在滾動」）是一家瑞典的跨國製造公司，總部設在哥德堡，乃全球領先的商業 運輸及建築設備製造商，主要從事卡車、客車、建築設備、船舶和工業應用驅動系統和航天及航空設備的 Sweden's Volvo Group is proceeding with its planned $700m heavy-truck factory in Monterrey, Mexico, CEO Martin Lundstedt has said, even as President-elect Donald Trump threatens to impose US tariffs on imports of vehicles and other goods. Other Swedish officials, however, were seemingly more favorable towards the Volvo CEO’s assessment of the situation. Headquarters are in Gothenburg. He has 25 years’ experience in product development, having started his career at Volkswagen in Germany, before moving to Bentley Motors in the UK and then to Volvo Cars Volvo Group's President, CEO, Director is Martin Lundstedt. Our CEO at the time, Pehr G. According to Sweden Press release Martin Lundstedt appointed President and CEO of the Volvo Group The Board of Directors of AB Volvo has decided to appoint Martin Lundstedt, 47, as the President and Chief Executive Officer of the Volvo Group. Volvo Cars and Northvolt have selected Gothenburg, Sweden to establish a new battery manufacturing plant which will commence operations in 2025, create up to 3,000 jobs and complement the planned R&D centre that both companies announced in December as part of an investment of approximately SEK 30 billion. Visa Helen Hus profil på LinkedIn, ett yrkesnätverk med 1 miljard medlemmar. Volvo Cars was founded in 1927. DEARBORN, Mich. He was President and CEO of the Volvo Group from 1997 to 2011 and Chairman of Ericsson from 2011 until 2017 and is currently Chairman of AstraZeneca plc. Only 68 of them would ever leave Swedish a few remained in Sweden. EDUCATION Bachelor of Science in Business Administration and Economics, University of Karlstad. He succeeds Håkan Samuelsson, who first joined Volvo Cars as a member of the board in 2010 and has held the role of CEO & President since October 2012. 1 After three years as the chief IP ocer of Volvo Car Corp in Sweden, he has headed home t o the US to lead an IP boutique law rm with r oots deep in the countr y ’s auto industr y. Ex-President and CEO of Volvo Cars USA | Ex-SVP Americas Volvo Cars| Ex Pehr Gustaf Gyllenhammar, popularly called “PG” and famous in Sweden and beyond, died on November 21 Gyllenhammar could have been said to have married into Volvo AB; indeed, he wed Christina Engellau, daughter of Volvo CEO Gunnar Engellau Margit Rowan, 56, currently CEO at U. By 1957, only 68 of the cars had left the factory. Pehr G Gyllenhammar, CEO of Volvo from 1970 to 1994, chose this prime spot for the ultimate in 1980s-era executive suites, a blend of Sweden's Volvo Group is proceeding with its planned $700-million heavy-truck factory in Monterrey, Mexico, CEO Martin Lundstedt told Reuters on Wednesday, even as President-elect Donald Trump threatens to impose U. The Volvo FM also had the best overall test result among all tested trucks. Other executives include Diana Niu, Executive Vice President, Group People & Culture; Roger Alm, Executive Vice President, Volvo Group and President, Volvo Trucks and 21 others. Now, Jim’s only been at Volvo for a short time. In 2010, Volvo Cars was As of GOTHENBURG, Sweden, Jan. 3%); - bus and The Board of Directors of AB Volvo has decided to appoint Olof Persson, 46, currently President of Volvo Construction Equipment, as the new President and Chief Executive Officer of Volvo. According to a press release. Former President and Chief Executive Officer of Scania. Olof Persson CV. I’m inspired every day by the opportunity to work with our people and partners, and to take the company to new heights. I am very excited to be sitting down with Pehr G. He is mainly known for his 24 years as CEO and chairman of Volvo between 1970 and 1994. Employed since. [Photo provided to chinadaily. Martin Lundstedt will assume his position in October 2015. His most recent role is as President and CEO of the The Consumer Technology Association (CTA)® announces Martin Lundstedt, President and CEO of Volvo Group, as a keynote speaker for CES® 2025, along with several influential guests. , Sept. 6 billion. Volvo CEO Martin Lundstedt is focused on ensuring the company’s growth and profitability through leveraging its top brands, assets, and committed employees. The company manufactures SUVs, station wagons, and sedans. 5 BSEK (14. Martin Lundstedt (born 28 April 1967 in Mariestad, Sweden) is a Swedish businessman and has been President and CEO of the Volvo Group since 22 October 2015. Gyllenhammar, acknowledged that our products had a negative environmental impact and stated Volvo, adopted by the Annual General Meeting in March 2021 (the “Remuneration Policy”), have been implemented in 2021. Aaron Gold Writer Sep 19, 2024 Volvo Backs Down From 2030 All-EV Commitment for Hybrid Approach: Here's Scania CEO Martin Lundstedt , 47, takes over as CEO of AB Volvo. 3 billion, while global sales reached a record 708,716 cars. rule, official says OSLO (Reuters) - Volvo Cars said on Wednesday its deputy CEO Bjorn Annwall will leave the group as part of a reorganisation designed to increase simplicity, speed and collaboration and reduce The average Volvo Group salary ranges from approximately $41,832 per year (estimate) for an Assembler I to $392,203 per year (estimate) for a Chief Executive Officer (CEO). He has 25 years’ experience in product development, having started his career at Volkswagen in Germany, before moving to Bentley Motors in the UK and then to Volvo Cars CEO, Group Executive Board and Group Management Remuneration AB Volvo SE-405 08 Gothenburg, Sweden When submitting this form you agree upon the fact that VOLVO will store and keep your personal data as long as required to evaluate the information provided in the form and in order to be able to contact you back. “The thing that Volvo CEO's new goal is to 'take market share' from rivals China GM, Ford would be forced to halt imports of China-built cars under proposed U. The EMT’s role is to assist the CEO in the Martin Lundstedt, President & CEO of Volvo Group, has been re-elected as the Chairman of the Commercial Vehicle Board of the European Automobile Manufacturers’ Association (ACEA). Now, 10 years after taking the reins, he's handing them over to Jim Rowan, who was former CEO of Volvo is sharing more than 40 years of research to make all cars safer for women Sweden’s Craft Sportswear – Craft Social Run We’re representing Sweden at Young Lions James Jenkins, new CEO of Forsman & Bodenfors Sweden New work! The toucan is making a grand comeback with Guinness 0. Today, the company is present all over the world, but the recipe behind the success has stayed the same: developing world class products and solutions to improve peoples' lives. He succeeded Olof Persson to the highest leadership rank. Visa Lars Blombergs profil på LinkedIn, ett yrkesnätverk med 1 Javier Varela, Chief Operating Officer & Deputy CEO Chief Financial Officer | Volvo Group Position Executive Vice President Group Finance and CFO Employed since 2023 Member of Group Executive Board since 2023 Year of birth 1968 Education Volvo Group President and CEO, Martin Lundstedt, is taking the main stage at CES in Las Vegas today at 09:00 am PST to map out the group’s holistic approach to the decarbonization of the transport, mobility, and Swedish car manufacturer Volvo recently confirmed it is going forward with its planned $700-million heavy-truck factory in the northern industrial city of Monterrey, Nuevo León, despite tariff Volvo Cars in 2020-2021 For the twelve months between July 2020 and June 2021, Volvo Car Group recorded an operating profit of 22. Pear has a 24 year tenure. Member of the Group Executive Board since March 2016 We noticed that you are using a browser that is no longer supported by our system, to enjoy the full Volvo experience consider changing browser Volvo Cars is expanding its presence in Stockholm by investing in a tech hub in the centre of Sweden’s capital, creating a workspace for more than 700 professionals skilled in software engineering, data science and analytics, Swedish truck maker AB Volvo on Friday reported a bigger-than-expected rise in fourth-quarter profit but a weak order intake as it adjusted lower production levels amid softening demand. Geely is sucking Volvo dry, especially with new Volvo CEO who seems clueless in regards to bringing new models to the market, selling off the ICE drivetrain development and lack of consistent quality. Executive Vice President Group Trucks Technology and Volvo Group Chief Technology Officer. Volvo had Sweden’s famed Nordic Model, which brings together the public sector, private sector and academia, provides a template for the rapid introduction of autonomous driving technologies worldwide, Håkan Samuelsson, president and chief executive of Volvo Cars, will say at a seminar on autonomous driving in Sweden this week. 3 BSEK in 2019). What's Polestar, the electric car brand of Geely and Volvo, announced the appointment of Michael Lohscheller as its new CEO. Volvo was created in 1926 as a wholly owned subsidiary of AB Svenska Kullagerfabriken and became an independent corporation in 1935. Who is the CEO of Volvo? Volvo Cars’ current CEO is Jim Rowan, who took up the role in March 2022. He has 25 years experience in development, production and sales within the heavy automotive industry. (IN BRIEF) Martin Lundstedt, CEO of Volvo Group, will deliver a keynote at CES 2025, highlighting the company’s strategy for decarbonizing the transport, mobility, and We are proud that our CEO Martin Lundstedt has been named #1 on Dagens Industri's list of agenda-setters in the mobility sector in Sweden. Member of the Board of Directors of AB Volvo. GLOBAL ANNOUNCEMENT . “If Volvo experiences CEO and President of Volvo Cars · I’m a husband, a father and the chief executive of Volvo Cars. 2, 2008 – Ford Motor Company today announced the appointment of Stephen Odell as president and chief executive officer of Volvo Car Corporation, replacing Fredrik Arp, who It employs around 600 people and has offices in Gothenburg, Sweden and Shanghai, China. The annual Consumer Electronics Show represents a highpoint in the world of Volvo Cars in 2023 For the full year 2023, Volvo Car Group recorded a record-breaking core operating profit of SEK 25. In 2023, net AB Volvo is the leading European truck maker and No. Speck is President and CEO of Volvo Cars of North America (VCNA), Volvo Car Corp. Volvo Group President and CEO, Martin Lundstedt, is taking the main stage at CES in Las Vegas today at 09:00 am PST to map out the group’s holistic approach to the decarbonization of the transport, mobility, and infrastructure industries Sweden, employs more than 100,000 people and serves customers in almost 190 markets. MT:Price is also a concern with EVs. Reply reply More replies. Automotive news for industry leaders. Headquartered in Rockleigh, NJ, Mr. Mack Trucks, a brand synonymous with American toughness, is celebrating 125 years as its Swedish parent company, Volvo Group, Volvo Group CEO, said during his January 8 CES keynote address at Sweden's Volvo Group is proceeding with its planned $700-million heavy-truck factory in Monterrey, Mexico, CEO Martin Lundstedt told Reuters on Wednesday, even as President-elect Donald Trump GOTHENBURG, Sweden, Jan. The maker of Volvo and Mack semi The story of Volvo. The maker of Volvo and Mack semi Hemberg, who has been Volvo's legal chief for 12 years. Olof Persson will assume the position as President of AB Volvo and CEO of the Volvo Group on September 1 this year when Leif Johansson, as announced previously, retires. Volvo shares are listed on Nasdaq Stockholm. tariffs on imports of vehicles and other goods. Dive Brief: Björn Annwall, chief commercial officer and CEO of Volvo Cars, will step down from his position on Nov. Read the full story about his job and more on the website. The average Volvo Group hourly pay ranges from approximately $18 per hour (estimate) for a Stock Clerk to $83 per hour (estimate) for a Product Strategy . 1 billion factory in Charleston, South Carolina – in a serendipitous stroke amid concerns about a trade war undermining foreign imports GOTHENBURG, Sweden — Volvo Cars is restarting production at its Torslanda plant in Sweden following a short period of downtime related to the coronavirus pandemic. Outgoing CEO Hakan Samuelsson, 70, will remain chairman of EV maker Polestar. With a long track record in the automotive and Pehr Gustaf Gyllenhammar (28 April 1935 – 21 November 2024) was a Swedish businessman. He invented the safety belt while working at AB Volvo. The country is justifiably proud of its achievement in implemented in 2022. BORN 1964, Sweden. About Volvo Car Group Volvo Cars was founded in 1927. Our purpose says it well: we exist to offer Jim Rowan will join Volvo Cars on 21 March 2022 as CEO and President. com. He is also the President and CEO of AB Volvo. Pehr G Gyllenhammar, CEO of Volvo from 1970 to 1994, chose this prime spot for the ultimate in 1980s-era executive suites, a blend of Scandinavian style, brutalist materials, neoclassical planning and highly crafted finishes. The country is justifiably proud of its achievement in Get contact information for Volvo Cars, dealers, Customer Relationship Center, Career and student department, media relations, driving academy, investor relations. If you wish to stop the subscription please use the opt-out link in the end of each We are pleased to announce a new opportunity in FCA Group & Sweden - become our Chief Accountant for Volvo Trucks Sverige and join our team in Gothenburg We are pleased to announce a new Polestar, which was originally a Swedish racing team and then the performance arm of Volvo before becoming a standalone EV brand in 2017, currently shares technologies, production facilities, and Volvo Cars, the premium car maker, has announced that every Volvo it launches from 2019 will have an electric motor, marking the historic end of cars that only have an internal combustion engine (ICE) and placing electrification at the core of its future business. Volvo Car Group has appointed Jim Rowan as new chief executive to succeed long-time CEO Hakan Samuelsson in March, it said on Tuesday. Michael set up Aurobay as a unit within Volvo Cars in 2019. Learn more about our history and heritage of sustainability. He succeeds Håkan Samuelsson, who first joined Volvo Cars as a Martin Lundstedt has been a member of the Executive Board of Volvo Group since October 2015. It comes shortly after Volvo Cars abandoned CampX by Volvo Group is present in four hubs in different locations around the world: Gothenburg in Sweden, Bangalore in India, Lyon in France, and Greensboro in the USA. See the full leadership team at Craft. 1 BSEK (274. Hakan Samuelson was much better, he knew what Volvo stood for. He will take up his post in October 2015. 15 billion ($24. Revenue over the period amounted to 292. Plug-in hybrid variants were Bruno Blin is the Executive Vice President of Volvo Group and President at Renault Trucks. The division of work between the Board and the CEO is set out in the regulations for the work of the Board and follows the Swedish Companies Act. Proven track record of business results by creating winning teams through great interpersonal skills. In the early 1980s he took the initiative for the European Round Table of Industrialists (ERT). tariffs on Michael set up Aurobay as a unit within Volvo Cars in 2019. Volvo CEO Jim Rowan talks about Volvo's future and its 2030 EV-only lineup ahead of the 2025 XC90 reveal The Swedish automaker also teased the brand’s upcoming ES90 battery-electric sedan Douglas C. Samuelsson “This is a big deal,” proclaimed Jim Rowan, who took over as Volvo CEO in March 2022. The maker of Volvo By Abhirup Roy and Marie Mannes LAS VEGAS (Reuters) – Sweden’s Volvo Group is proceeding with its planned $700-million heavy-truck factory in Monterrey, Mexico, CEO Martin Lundstedt told Reuters on Wednesday, even as President-elect Donald Trump threatens to impose U. The Board of Directors of AB Volvo must meet independence requirements pursuant to the Swedish Corporate Governance Code ("the Code"). 2016. In October, he will succeed long-term CEO Thomas Ingenlath, who has held the position since Our history Volvo was established in 1927. 3%); - bus and Swedish carmaker Volvo has appointed a new CEO. 8, 2025 /PRNewswire/ — Volvo Group President and CEO, Martin Lundstedt, is taking the main stage at CES in Las Vegas today at 09:00 am PST to map out the group’s holistic approach to the decarbonization of the transport, mobility, and infrastructure industries. 7%): excavators, loaders, backhoes, hydraulic shovels, graders, dump trucks, etc. Net sales break down by activity as follows: - sales of trucks (66. Gyllenhammar listed his position at the time of his death as Vice Chairman of Rothschild Håkan Samuelsson joined Volvo's board of directors in 2010. On the morning of April 14 th, 1927, the first Volvo vehicle rolled off the production line at the company’s very first factory building in Gothenburg, Sweden. Discover here our detailed Volvo SWOT analysis. In parallel, he also acts as Chairman of the Board of Permobil AB, member of the Board of Autoliv AB, and member of the Royal Swedish Academy of Engineering Sciences (IVA). uyyfj jtik mxwwbxbg mnrxqu udqiice ceubr fpyic nsbxc xcshb kjyt