Volvo CEO predicts 4th straight year of record sales

Volvo sold a record 534,332 vehicles last year and it may do even better this year. CEO Hakan Samuelsson expects to set a new all-time high for a fourth consecutive year in 2017. He is bullish because this year Volvo will debut the all-new XC40, which will compete in the fast-growing compact crossover segment, and launch the second generation of its best-selling XC60. He shared his outlook with Automotive News Europe Associate Publisher and Editor Luca Ciferri and Managing Editor Douglas A. Bolduc during an interview at last month's Detroit auto show.