Volvo Cars
President and CEO Håkan Samuelsson has been named the 2018 World Car Person of
the Year by the World Car of the Year jury. The award was presented today at
the Geneva Motor Show in Switzerland.
“I see this
award as acknowledgement of the efforts made by the entire Volvo Cars
organisation in recent years,” said Håkan Samuelsson.
Volvo Cars
achieved record profits and sales in 2017, with a 27.7 percent increase in
operating profit and global sales of 571,577 cars. The results mark the
company’s fourth consecutive year of record growth, underlining the
transformation of Volvo’s finances and operations under Mr Samuelsson’s
stewardship.
Under Mr
Samuelsson’s direction, Volvo Cars has introduced the Scalable Product
Architecture and Compact Modular Architecture, which both underpin a completely
revitalised range that has rolled out seven new models in the past three years.
As part of
the new-look range, Volvo for the first time offers three globally available
SUVs in the fastest growing segment in the industry.
During Mr
Samuelsson’s tenure Volvo Cars made an industry-first announcement in 2017 that
every new Volvo car launched from 2019 will have an electric motor. Volvo’s
commitment to electrification was further underlined by the launch of Polestar
as a new stand-alone electrified car brand.
Mr
Samuelsson has also been instrumental in deepening Volvo Cars’ collaboration
with its parent company Geely Holding of China and other strategic partners. A
joint venture with Geely started in 2017 provides economies of scale in
technology development.
In 2017,
Volvo Cars also signed a framework agreement with ride-hailing company Uber to
sell it up to 24,000 autonomous driving compatible base cars between 2019 and
2021.
Under Mr
Samuelsson’s leadership, Volvo Cars also reinvented the traditional model of
car ownership with its new ‘Care by Volvo’ subscription service. Care by Volvo,
available on the XC40 small SUV and V60 estate, makes having a car as
transparent, easy and hassle free as having a phone.
World Car
of the Year is independently ranked as the number one automotive awards
programme globally. Mr Samuelsson’s 2018 World Car Person of the Year award
adds to other recent recognition for his leadership credentials, including the
prestigious 2017 Golden
Steering Wheel award issued by German publishing house Springer. Mr Samuelsson was recently also named Disruptor of the Year at the 2018
Roadshow by CNET awards.
Fr:
Volvo Cars
CEO Håkan Samuelsson named 2018 World Car Person of the Year
Volvo Cars
President and CEO Håkan Samuelsson has been named the 2018 World Car Person of
the Year by the World Car of the Year jury. The award was presented today at
the Geneva Motor Show in Switzerland.
“I see this
award as acknowledgement of the efforts made by the entire Volvo Cars
organisation in recent years,” said Håkan Samuelsson.
Volvo Cars
achieved record profits and sales in 2017, with a 27.7 percent increase in
operating profit and global sales of 571,577 cars. The results mark the
company’s fourth consecutive year of record growth, underlining the
transformation of Volvo’s finances and operations under Mr Samuelsson’s
stewardship.
Under Mr
Samuelsson’s direction, Volvo Cars has introduced the Scalable Product
Architecture and Compact Modular Architecture, which both underpin a completely
revitalised range that has rolled out seven new models in the past three years.
As part of
the new-look range, Volvo for the first time offers three globally available
SUVs in the fastest growing segment in the industry.
During Mr
Samuelsson’s tenure Volvo Cars made an industry-first announcement in 2017 that
every new Volvo car launched from 2019 will have an electric motor. Volvo’s
commitment to electrification was further underlined by the launch of Polestar
as a new stand-alone electrified car brand.
Mr
Samuelsson has also been instrumental in deepening Volvo Cars’ collaboration
with its parent company Geely Holding of China and other strategic partners. A
joint venture with Geely started in 2017 provides economies of scale in
technology development.
In 2017,
Volvo Cars also signed a framework agreement with ride-hailing company Uber to
sell it up to 24,000 autonomous driving compatible base cars between 2019 and
2021.
Under Mr
Samuelsson’s leadership, Volvo Cars also reinvented the traditional model of
car ownership with its new ‘Care by Volvo’ subscription service. Care by Volvo,
available on the XC40 small SUV and V60 estate, makes having a car as
transparent, easy and hassle free as having a phone.
World Car of
the Year is independently ranked as the number one automotive awards programme
globally. Mr Samuelsson’s 2018 World Car Person of the Year award adds to other
recent recognition for his leadership credentials, including the
prestigious 2017 Golden
Steering Wheel award issued by German publishing house Springer. Mr Samuelsson was recently also
named Disruptor of the Year at the 2018
Roadshow by CNET awards.
Source:
Volvo Cars.
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