Volvo Cars' new top executive said on Thursday the company would produce more cars in the U.S. while ramping up its regionalisation efforts, just as a 25% U.S. tariff on global autos takes effect. Eur

Volvo has announced a surprising leadership shake-up, with Jim Rowan stepping down as CEO after three years at the helm. His successor, however, is no stranger to the role. Håkan Samuelsson, who previously led Volvo from 2012 to 2022, will return for a two-year term while the company searches for a long-term leader.

Hakan Samuelsson returns to Volvo as CEO after Jim Rowan resigned. The Four Seasons luxury hotel gets a new downtown Charleston address in former Days Inn site.