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Håkan Samuelsson

Håkan Samuelsson

Volvo CEO Assures Gothenburg Factory Stability Amid US Production Shift
Business News

Volvo CEO Assures Gothenburg Factory Stability Amid US Production Shift

3 MIN READ
Volvo Cars reports a loss in the second quarter after a massive write-down. At the same time as the company is implementing major cost savings and moving production to the USA, CEO Håkan Samuelsson says there is no reason to worry about the factory in Torslanda
Volvo Cars to Shift XC60 Production to USA by 2026
Business News

Volvo Cars to Shift XC60 Production to USA by 2026

1 MIN READ
Volvo Cars will begin building its bestseller XC60 in the USA, the company writes in a press release.
Volvo Cars Cuts 3,000 Jobs Amid Global Restructuring
Business NewsTop News

Volvo Cars Cuts 3,000 Jobs Amid Global Restructuring

2 MIN READ
One of Sweden's most well-known companies – Volvo Cars – is cutting back with 3,000 jobs. The notice is one of the largest in the company's history
Volvo Cars Announces Major Job Cuts in Gothenburg Amid Cost-Saving Efforts
Business NewsTop News

Volvo Cars Announces Major Job Cuts in Gothenburg Amid Cost-Saving Efforts

3 MIN READ
The car manufacturer Volvo Cars is to save billions. The company is now announcing major staff cuts
Busch Urges Swedish Firms to Stay Local Amid US Trade Uncertainty
Business NewsTop News

Busch Urges Swedish Firms to Stay Local Amid US Trade Uncertainty

2 MIN READ
Minister for Business Ebba Busch (CD) warns Swedish companies against moving operations to the USA to avoid tariffs.
Volvo's Shift to Electric Cars Faces Scrutiny as Diesel Demand Persists
Business News

Volvo's Shift to Electric Cars Faces Scrutiny as Diesel Demand Persists

2 MIN READ
Pressed Volvo Cars may have chosen the wrong path. That assessment makes Aktiespararna
Volvo Cars Boosts US Production in Response to Trump's Tariffs
Business NewsTop News

Volvo Cars Boosts US Production in Response to Trump's Tariffs

3 MIN READ
Volvo Cars is forced to adapt to President Donald Trump's 25-percent tariffs on car imports to the USA. The solution: More production in the USA
Volvo Cars Sees 10 Percent Drop in March Sales, Electric Models Hit Hard
Business News

Volvo Cars Sees 10 Percent Drop in March Sales, Electric Models Hit Hard

1 MIN READ
Volvo Cars is facing headwinds on the market. Sales fell by 10 percent in March this year compared to last year
Stockholm Stock Exchange Drops as Trump's Tariff Plans Rattle Markets
Business News

Stockholm Stock Exchange Drops as Trump's Tariff Plans Rattle Markets

2 MIN READ
The Stockholm Stock Exchange ended the first quarter with a sharp decline. The broad OMXS index fell 1
Håkan Samuelsson Returns as Volvo Cars CEO to Drive Electric Future
Business News

Håkan Samuelsson Returns as Volvo Cars CEO to Drive Electric Future

2 MIN READ
Håkan Samuelsson returns to Volvo Cars and becomes the new CEO and group CEO. Jim Rowan is leaving both the CEO position and the car manufacturer's board of directors as early as Monday after three years in the position
Volvo Cars scrapes electric car goal
Business News

Volvo Cars scrapes electric car goal

2 MIN READ
Volvo Cars is now scrapping the company's goal of being fully electrified by 2030.
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