Volvo to take hard look at R&D projects, CEO says

Vehicle face-lifts are one area where Volvo might cut back, CEO Hakan Samuelsson said. (Simon Dawson/Bloomberg)

Douglas A. Bolduc

April 18, 2020 04:00 AM

Volvo will thoroughly scrutinize its R&D projects to determine which will survive as it tries to recover from the coronavirus crisis.

"There are thousands of projects within our R&D and we have to question whether we need to do them all," Volvo CEO Hakan Samuelsson told Automotive News Europe.

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