A seasoned automotive executive with three decades of industry experience is set to take the helm at Volvo, succeeding the current CEO later next year. The move follows the automaker’s strong financial performance and its rise to the second-largest market position in Europe. The incoming leader has played a key role in guiding another major manufacturer to record profits. The transition signals continued strategic focus amid evolving industry challenges.


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 ...