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Stefan Jacoby
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Volvo CEO: Luxury car clashes with image
… Chairman Li Shufu suggested Volvo should compete directly with BMW, Mercedes and Audi. But Volvo's CEO at the time, Stefan Jacoby , said a luxury sedan wouldn't fit Volvo's image. Jacoby stepped down last year after suffering a stroke. But …
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Volvo CEO says making S-class rival would contradict brand's image
… subsequently suggested that Volvo should compete directly with BMW, Mercedes and Audi. But Volvo's CEO at the time, Stefan Jacoby , asserted that a luxury sedan wouldn't fit Volvo's image. Jacoby stepped down last year after suffering a mild …
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Volvo's China unit hit by dealer cheating
… 2012. Those ambitious goals suffered a setback when the company reported a first-half net loss in 2012 and its CEO Stefan Jacoby , departed soon thereafter. Over-reporting sales As pessimism spread last year over the turnaround plan, the China …
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Volvo plans to cut 1,000 jobs to reduce costs
… biggest at 67,273 last year, up 1.2 percent. Aside from falling sales, internal disagreements led to the ouster of Stefan Jacoby as chief executive last year and to Samuelsson's appointment. Volvo expects a new plant in Chengdu in China, a …
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Volvo, Geely will establish joint RandD center in Sweden
… pushed it into a loss for the first half of last year. Internal disagreements also led to the ousting last year of CEO Stefan Jacoby and his replacement by Hakan Samuelsson. The new RandD center will employ about 200 full-time engineers from Sweden …
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Volvo dealers: We need better marketing, advertising
… don't think we'll see the V40 at this point. Volvo has gone through some changes this year with [former CEO] Stefan [ Jacoby ] gone and a new fellow coming in, Hakan Samuelsson. I had the opportunity to talk to him at the Detroit auto show …
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Volvo's new CEO Samuelsson learning the ropes
… year-old Swede asked as many questions as he answered. He was on Volvo's board for two years before replacing Stefan Jacoby as CEO, but he's still learning. "It's easier to just give great advice," he says with a smile. It astounds …
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Volvo CEO sees no big sales rebound in 2013
… dismal market demand in Europe as well as lackluster sales of Volvos in China. Samuelsson, who replaced the ousted Stefan Jacoby as chief executive earlier this year, said that while scattered measures to bring down costs for white-collar were …
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Volvo's 10-month car sales fall 5.9%
… the region last month. Volvo has scaled back production because of dropping demand and last month replaced its CEO Stefan Jacoby with Hakan Samuelsson, a former head of German truck maker MAN. Reuters contributed to this report
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Volvo will cut production at Belgian plant
… Zhejiang Geely Holding Group in 2010, has seen demand for its cars dip over the past year and last week replaced CEO Stefan Jacoby in a bid to rekindle growth. "We have had a very positive trend during a number of years, with 2011 as a record …
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Why Jacoby was ousted at Volvo? One theory
When Volvo Car Corp. announced last week that Stefan Jacoby would step down as CEO, company Vice Chairman Hans-Olov Olsson was vague about the reasons why. No, Jacoby's recent stroke …
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Truck man aims to get Volvo back on China road
… task facing the 61-year-old Swede, former boss of German truck maker MAN, who has been brought in to replace Stefan Jacoby and rebuild profitability. Bespectacled and slightly built, Samuelsson faces a major struggle: Volvo is both China …
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Volvo replaces CEO Jacoby to boost sales in China
… named Hakan Samuelsson, the former head of German truck maker MAN, as its new chief executive. Samuelsson replaces Stefan Jacoby who has been on medical leave since suffering a stroke last month. Li Shufu, chairman of Volvo's owners, Zhejiang …
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Missing Stefan Jacoby
PARIS -- The news that Stefan Jacoby suffered a mild stroke last week provided a somber reminder that life doesn't always respect our plans. I heard about the Volvo …
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Missing Stefan Jacoby
The news that Stefan Jacoby suffered a mild stroke last week provided a somber reminder that life doesn't always respect our plans. I heard about the Volvo …
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Volvo chief Jacoby takes sick leave after mild stroke
STOCKHOLM (Reuters) -- Volvo Cars CEO Stefan Jacoby suffered a mild stroke last week and will take sick leave for the next month. Jacoby, 54, was placed under medical supervision …
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Volvo chief Jacoby takes sick leave after mild stroke
STOCKHOLM (Reuters) -- Volvo Cars CEO Stefan Jacoby suffered a mild stroke last week and will take sick leave for the next month. Stefan Jacoby , 54, was placed under medical supervision and has …
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Volvo reports lower first-half profit as car sales decline
… economic uncertainties in most of our markets will remain for the rest of the year and competition is stiff," CEO Stefan Jacoby said in a statement. Volvo plans to cut production by about 10 percent and reduce its staff by 200 to 300 people to …
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Volvo ponders small model to take on Mini
… Audi A1. If it happens, Volvo would need a partner to share the costs and would need a smaller engine, Volvo CEO Stefan Jacoby told Automotive News Europe . The engine probably would be made in cooperation with parent Zhejiang Geely of China …
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Volvo denies its CEO may leave to head Opel
Volvo said its CEO, Stefan Jacoby , has no plans to leave the Swedish carmaker to head General Motors Co.'s struggling Opel division. Jacoby is the top candidate …
