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0Official: Jacoby out, Samuelsson in as Volvo CEO 1350652500
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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Rumormill: Boardroom battles may be hurting Jacoby's bid to turn Volvo around 1349445600
Escalating tensions between Volvo CEO Stefan Jacoby and Volvo Vice Chairman Hans-Olov Olsson may be working against the Swedish brand's stated goals of regaining lost European market share, as well as remaining relevant as a luxury brand on the world stage. Reports indicate that Jacoby and ...
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Report: Volvo CEO Jacoby suffers mild stroke, takes leave 1348492440
Reuters reports that Stefan Jacoby, CEO of Volvo, has suffered a mild stroke. It happened last week, and although Jacoby says he has limited movement in the extremities on his right side, he says he's already begun improving. Jacoby, 54, is "under medical supervision" and will be on sick leave ...
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Report: Stefan Jacoby says Volvo contemplating Mini rival 1345563060
Up or down? That's the question about which way Volvo is going to take its brand: solidly into premium, full-size sedan luxury or into a smaller near-premium offering to challenge what is, right now, a very hot segment. Most of the chatter has centered around the former option, with Volvo ...
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Report: Volvo denies boss Jacoby is taking a run at Opel CEO post 1344350700
It seems that every news report that involves the name "Opel" is eventually followed by a report that says, "Uh, never mind." Executives fill positions, then they're gone, or they're supposed to fill positions but duck out before doing so, five-year product offensives turn into grabbing for life ...
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Report: Volvo CEO admits automaker's cars are too complicated 1340634720
Volvo CEO Stefan Jacoby has said his company's products are "too complicated for the consumer," according to Automotive News. Jacoby said 75 percent of Volvo customers don't know "all the possibilities they have with their car." He contrasted the automaker with Apple's intuitive products, which ...
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Report: Geely announces $11 billion investment in Volvo 1333980000
Volvo is poised to rapidly inflate its presence in China, and it believes the way forward is through an $11 billion spending plan. "We want to revive Volvo and give the brand its strength back," says Li Shufu, Chairman of Geely Automobile Holdings. Speaking with German magazine Wirtschafts Woche, ...
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Report: Jacoby reiterates Volvo considering NA plant 1331645520
Volvo sold 449,255 cars globally in 2011, with 67,240 of those sales coming from right here in the States. By 2020, CEO Stefan Jacoby aims to boost those numbers to 800,000 sales globally and 120,000 here, and to do so, he can't let the exchange rate between the dollar and the euro stand in the ...
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Detroit: XC60 Plug-In Hybrid shows where Volvo is headed 1326230820
Volvo has made it a point to emphasize – surprise – the safety of its plug-in vehicles at recent auto shows. Now, at the Detroit Auto Show, the Swedish automaker has showed off the XC60 Plug-In Gasoline Hybrid Concept, a way to gauge American reaction to the idea of a plug-in CUV from ...
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Spy Shots: Volvo V40 caught testing in winter wonderland 1324341000
Our spy photographers have manged to lay lenses on the new Volvo V40 as engineers put the vehicle through a little cold-weather testing. Until just recently, we'd heard that the five-door version of the C30 would be called the V30, but Volvo CEO Stefan Jacoby has confirmed that the model will ...

