Searched for
HAKAN SAMUELSSON
Volvo Cars to cut 3,000 jobs in restructuringVolvo Cars will reduce its workforce by 3,000. This decision comes as the company faces high costs. Electric vehicle demand has slowed down...
Volvo Veteran Hakan Samuelsson back as CEO for 2-year termVolvo Car is among the European carmakers vulnerable to new 25% tariffs set to be imposed by the US next week on all imported passenger veh...
Going electric: Carmakers make the switchThe latest to unveil plans was German group Daimler, maker of Mercedes Benz and smart cars, which aims to be fully electric before 2030 -- ...
Volvo Cars to buy parent Geely Holding's stake in China JVsUnder the deal, whose financial details were not disclosed, Volvo will have full ownership of its manufacturing plants in Chengdu and Daqin...
Volvo plans to add lidar as standard equipment in electric XC90 SUV next yearSelf-driving car sensor startup Luminar Technologies Inc will supply Volvo Cars with its Iris lidar.
Once 'green' plug-in hybrid cars suddenly look like dinosaurs in EuropeEU policy plans for plug-in hybrid vehicles (PHEVs), which contain an electric battery and a combustion engine, could mean the "transition"...
Sweden says controversial Covid-19 strategy is proving effectiveSweden's unusual approach to fighting the coronavirus pandemic is starting to yield results, according to the country's top epidemiologist.
Volvo eyes partner for assembly plantHakan Samuelsson, president of Volvo Cars, told ET exclusively that since the Indian market is growing rapidly, Volvo is looking to set up ...
Volvo Car Corp. plans to sell a self-driving vehicle to consumers in five yearsSamuelsson says Volvo is already making early versions of the vehicles. They'll be tested on public roads in Sweden next year and in London...
- German MAN to buy 25 percent of Chinese Sinotruk
The German heavy truck maker MAN unveiled a key Chinese investment on Wednesday, saying it would buy 25 percent plus one share of the count...
- Scania plans counterbid to fend off MAN
Scania, the target of a hostile takeover bid by truck-maker MAN, urged its German competitor to withdraw the proposal and said a range of p...
- Volkswagen picks up 15.1% stake in MAN
Volkswagen bought a 15.1% stake in MAN, turning the tables on Europe’s third-largest truckmaker and blocking its attempted takeover of Swed...