Update: Volvo has officially announced Doolan's replacement as Anne Belec. She is currently Vice President of Sales Operations at VCC.

In March, Volvo Cars of North America Inc. President and CEO Victor Doolan will call it quits. Doolan has been the driving force for Volvo's revitalized market presence. Yesterday, rumors floated that Ford's president, Nick Scheele, would be stepping down also. He is recovering from hip surgery and is citing health reasons.

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