Automakers

Volvo CEO shares keys to rapid rebound, potential gains from Geely merger

"We would not have had 14 percent growth [in July’s global vehicle sales] had we not been helped by online sales," Volvo CEO Hakan Samuelsson said.
September 08, 2020 04:00 AM

Volvo’s global sales grew for the first time this year in July and the positive trend continued last month. Volvo CEO Hakan Samuelsson credits the quick rebound on the brevity of its production shutdown in Sweden and continued strong demand for the XC40 compact SUV. He also discussed the lasting changes he foresees from the pandemic, the benefits he expects from a planned merger with Geely Automobile and why his commitment to partnerships is stronger than ever. Samuelsson shared his views with Automotive News Europe Managing Editor Douglas A. Bolduc via a video chat from Volvo’s headquarters near Gothenburg.

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