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volvo ceo stefan jacoby

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    Official: Jacoby out, Samuelsson in as Volvo CEO

    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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    Report: Volvo CEO admits automaker's cars are too complicated

    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: Volvo hiring 1,200 in Europe, adding capacity

    China's Geely has big plans for its Volvo brand, with a goal of reaching 800,000 global sales per year by 2020 or sooner. To accomplish that feat, the automaker will need to bolster its factories and hire more workers, and Automotive News reports the Swedish automaker plans to do just ...


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