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0Report: Volvo CEO Jacoby suffers mild stroke, takes leave 1348495200
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: Could Volvo be contemplating Mini rival? 1345834680
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 CEO admits automaker's cars are too complicated 1340665200
Volvo CEO Stefan Jacoby has said his company's products are "too complicated for the consumer," according to Automotive News. Jacoby said 75 per cent 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 US$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 US$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 ...
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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 North American reaction to the idea of a plug-in ...
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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 ...
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Report: Volvo moves away from 'premium' image 1291058820
Volvo should no longer be lumped into the premium category, according to the wishes of CEO Stefan Jacoby. It's not that the cars aren't good, but according to Autocar, Jacoby thinks it sends the wrong message. "It sounds like a pricing strategy, and it's got an expensive ring to it," he tells the ...
