Chinese investments didn’t manage to save Saab, but they are just what the doctor ordered for Volvo. In a recent interview with Automotive News, the Swedish automaker’s CEO expects its sales to increase some 25% this year in the US.
What’s more, the US exec says Volvo will do better not only because of the market recovery, but also because of increased awareness due to TV commercials. In 2012, their deliveries should say “north of 65,000 cars, which would represent about a 25 percent increase over 2011′s 53,948 recorded sales.
Volvo US CEO John Maloney worked for the previous owners of the Swedish automaker, Ford. He replaces Doug Speck, who was promoted to to senior vice president of marketing, sales and customer service for Volvo Cars in Sweden.
Volvo US CEO John Maloney worked for the previous owners of the Swedish automaker, Ford. He replaces Doug Speck, who was promoted to to senior vice president of marketing, sales and customer service for Volvo Cars in Sweden.