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hakan samuelsson

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    Report: Volvo eying return to 100k US sales to ensure dealer profitability
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    Struggling Volvo may be on a verge of a renaissance thanks to the forthcoming completion of its lauded concept car trilogy, new Drive-E engine family and much-discussed SPA modular platform. Its nascent renewal is mostly being financed by $11-billion in funding from its Chinese parent company, ...

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    Report: US could get Chinese Volvos soon, possibly Geely joint-venture subcompact?
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    After a little more than three years since Volvo was acquired by China's Geely, it was only a matter of time before products from this marriage started to show up in the US. Although nothing seems to be written in stone, Automotive News is reporting that the US could be getting Chinese-made ...

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    Report: Volvo returns to profitability
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    Ford sold Volvo to Zhejiang Geely Holding Group Limited in 2010. Just two years later, Geely announced an $11-billion investment in the Swedish carmaker, its charismatic fugleman Li Shifu saying, "We want to revive Volvo and give the brand its strength back." Two years later, after having ...

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    Report: Volvo will replace C70... eventually
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    Volvo has already announced the end of production for its C70 hardtop convertible, a handsome but seriously dated offering that was last refreshed in 2010. Volvo won't be abandoning the two-door coupe-convertible market for long, though, as news out of Australia claims that a replacement, based ...

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    Report: Volvo CEO to shell out nearly $700k to settle MAN corruption investigation
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    Volvo CEO Hakan Samuelsson will be making a rather large charitable donation - 500,000 Euros ($668,000), according to Bloomberg. This is not, however, a move out of the goodness of his heart. It's part of an agreement the exec made after a court case in Germany. Samuelsson spent nine years at ...

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    Official: Jacoby out, Samuelsson in as Volvo CEO
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    Stefan Jacoby is stepping down as Volvo CEO in an "amicable agreement" with the automaker's board of directors. Recent reports suggested Jacoby and the board had clashed over regaining European market share and the brand's position as an international luxury manufacturer. Much of that friction ...

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