Volvo Cars CEO Samuelsson: Turnaround Going to Plan

The video discusses Volvo's transformation under Geely's ownership, highlighting the company's growth, sales strategy, and future plans. CEO Hakan Samuelsson talks about the impact of Geely's acquisition, Volvo's production strategy, and the company's focus on electrification and automation. The discussion also covers Volvo's competition with German automakers and its global market strategy.

What was a key factor in Geely's successful acquisition of Volvo?

• Focusing solely on European markets

• Reducing the number of car models

• Providing faster access to the Chinese market

• Treating Volvo as a separate division

What is a significant part of Volvo's transformation strategy?

• Focusing only on luxury sedans

• Eliminating diesel engines

• Introducing new car models like the 60 and 40 series

• Reducing production in China

How does Volvo plan to compete with major European car manufacturers?

• By exiting the European market

• By focusing only on the SUV market

• By improving product quality, especially in the sedan segment

• By reducing prices significantly

What is Volvo's target for global production in the coming years?

• To focus solely on European production

• To increase production with a significant portion from China

• To maintain current production levels

• To reduce production by half

What is Volvo's approach towards electrification?

• To avoid electric cars due to high costs

• To introduce hybrids and electric cars by 2019

• To partner with only European tech companies

• To focus only on diesel engines

Which partnership is Volvo pursuing for automation?

• With Tesla

• With BMW

• With Apple

• With Uber

What is a unique advantage Volvo holds in the autonomous car market?

• Largest number of car models

• Exclusive European market access

• Low production costs

• Safety credibility