Stefan Jacoby News
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Volvo Cars, the Swedish automaker owned by Chinese manufacturer Zhejiang Geely Holding Group Co., said it’ll be “very tough” to make an operating profit this year because of investment spending and declining sales.
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Volvo Car Corp. Chief Executive Officer Stefan Jacoby said he will be out on sick leave for about a month after suffering a “mild” stroke.
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Volvo Cars, the Swedish carmaker owned by China’s Zhejiang Geely Holding Group Co. , may build vehicles at as many as three plants in the country, Chief Executive Officer Stefan Jacoby said.
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Volvo Cars Chief Executive Officer Stefan Jacoby said he will reposition the Swedish carmaker as an “upscale” brand as he aims to take on luxury leader Bayerische Motoren Werke AG.
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Volvo Car Corp., the Swedish automaker owned by China’s Zhejiang Geely Holding Group Co., may build a plant in North America, Chief Executive Officer Stefan Jacoby said.
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Volvo Car Corp., the Swedish automaker owned by Chinese manufacturer Zhejiang Geely Holding Group Co., is seeking a partner that can help it build vehicles in North America.
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Volkswagen AG plans to cut the U.S. price and increase the size of the Jetta compact car, its best- selling model in the country, as the automaker aims to make its U.S. operations profitable by 2013.
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Steven Armstrong , chief operating officer of Volvo Cars, will leave the Swedish automaker to join former employer Ford Motor Co. as part of a management reshuffle under new Chief Executive Officer Stefan Jacoby .
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Volvo Cars , the Swedish automaker acquired by Zhejiang Geely Holding Group Co. , plans to invest as much as $11 billion worldwide over the next five years to tap rising demand in markets including China.
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Volvo Car Corp. showed a five-door hatchback this week in Geneva featuring the world’s first pedestrian air bag. The Swedish carmaker is counting on such innovations to burnish its safety image and help double sales.
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