Former Volvo Boss Makes Gloomy Forecast on Electric Cars
6 Feb 2013, 16:50 UTC · By: Ciprian Florea / Electric vehicles will not become mainstream sellers within the next 15 years, according to former Volvo boss Stefan Jacoby, who points out that hybrid powertrains are the only sustainable solutions...
Stefan Jacoby Leaves Volvo, New CEO Has Been Appointed
19 Oct 2012, 07:54 UTC · By: Mihnea Radu / Volvo has announced that an amicable agreement has been reached with the now former CEO Stefan Jacoby, who will be leaving the company effective immediately. His place will be taken up by the new...
Volvo CEO Stefan Jacoby Suffers Mild Stroke
24 Sep 2012, 11:14 UTC · By: Mihnea Radu / Volvo Car’s CEO Stefan Jacoby will be on sick leave for about a month now, after he suffered a mild stroke, the company reported today. "I was lucky that it was a mild stroke," sa...
Volvo Will Hire 10,000 Workers by 2020, Mostly in China
28 Nov 2011, 15:48 UTC · By: Mihnea Radu / There is no denying that Europe is in a bad way right now, and most automakers agree this is likely to hurt sales next year. Ford has already announced 4,000 temporary layoffs for next year, but Vol...
Volvo Postpones Plans to Build the Universe Concept
28 Apr 2011, 06:59 UTC · By: Cosmin Voicu / At the 2011 Shanghai Auto Show, Volvo released the Universe Concept, which was designed in order to compete against world class limousines like the 7-Series from BMW, S-Klasse from Mercedes or Audi&...
Volvo Planning to Invest $11 Billion in Five Years
25 Feb 2011, 16:45 UTC · By: Mihnea Radu / Volvo Cars, the Swedish carmaker, plans to invest as much as $11 billion worldwide over the next five years, hoping for increased sales in the ever-rising Chinese market, according to Bloomberg. The...
Chinese-Built Volvos Could Be Heading Stateside
13 Jan 2011, 14:16 UTC · By: Mihnea Radu / According to a recent just-auto article, Volvo and owner Zhejiang Geely Holding Group are considering bringing made-in-China Volvos to the American market. The Swedish carmaker’s new CEO, Stef...
Volvo Will Be Even More Volvo Than Ever Before
18 Nov 2010, 13:42 UTC · By: Bogdan Popa / This were the exact words of Stefan Jacoby, president and chief executive office of Volvo Cars, when talking about the influence that the Chinese ownership might have on the Swedish iconic brand. Ta...
Geely Disagrees With Volvo's Vision
17 Nov 2010, 11:58 UTC · By: Andrei Costea / Only three months have passed since Zhejiang Geely Holding Group Co. President Li Shufu took ownership of the Swedish car brand Volvo and disagreements arose already. Li said he does not agree with ...