A seasoned automotive executive with three decades of industry experience is set to take the helm at Volvo, succeeding the current CEO. The move comes as the Swedish automaker prepares for a leadership transition, with the incoming leader credited for steering Škoda to record profitability and a dominant position in Europe’s car market. His appointment signals continuity in Volvo’s strategic direction amid evolving challenges in the global automotive sector. The change will take effect next year, marking a key moment for the brand’s future.
Klaus Zellmer, who has led Skoda to record profits and Europe’s No. 2 market position, will succeed Hakan Samuelsson as Volvo CEO by October 2027. He brings 30 years of automotive leadership ...