Volvo Cars brings back Hakan Samuelsson as CEO

Volvo Cars brings back Hakan Samuelsson as CEO

Volvo Cars has reappointed Hakan Samuelsson as CEO, replacing Jim Rowan. Samuelsson, who previously led the company from 2012 to 2022, will serve a two-year term. His return aims to address challenges such as high tariffs, slow EV sales, and financial struggles. Volvo is restructuring to strengthen its position and rebuild investor confidence.

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