General Motors Co., which sells more vehicles in China than in any other country, is replacing its president in the country after a year.
General Motors Co., the Detroit- based carmaker that counts China as its biggest market, will open a new headquarters in Singapore to oversee markets including Southeast Asia and India.
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.
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.
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.
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.
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.
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.
Three years after buying Volvo Cars, Chinese tycoon Li Shufu may get to compete with Volkswagen AG’s Audi and Bayerische Motoren Werke AG on a more level playing field in his own country.
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 .
"I have started to recuperate and already notice certain improvements."
- Stefan Jacoby on Sep 23, 2012