Economy · World
Volvo Cars Appoints New CEO, Klaus Zellmer
Volvo Cars has appointed Klaus Zellmer, previously CEO of Skoda Auto, as its new Chief Executive Officer. He will replace Håkan Samuelsson, who is set to step down next year. Zellmer is expected to take charge by October 1, 2027. The company is undergoing a strategic revamp and product lineup changes to address competitive challenges.
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- Centre (4): Euronews, Financial Times, Mint, Reuters