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Last Updated: August 15, 2025, 11:20 pm
Announced changes indicate the company’s permanent commitment to enhancing the company’s offering, ensuring the right product lineup for each region and providing strong trade performance.
Eric Sewarnson has been appointed as effective, chief commercial officer immediately. As part of his new character, Eric Volvo will continue to serve in the executive management team. After spending his career in finance, strategies and products, Eric recently served as the Chief Product and Strategy Officer.
In addition, Michael Flis returned to the Volvo cars, replacing Eric’s chief strategy and a product officer. Michael spent nearly 10 years in Volvo cars before joining the product, with extensive experience of product development and planning, which was later acquired by the horsepower train – a joint venture between wet and renal. Its expertise will be a valuable asset as we are faster towards the All -Electricity future.
Along with these appointments, the business team of the Volvo cars will refresh their view. The newly declared area will form a business team led by Eric Savrenson. In addition, Volvo cars will appoint product line owners for their product lines. They will inform the Chief Commercial Officer.
“I welcome Eric to this new character, and Michael is very happy to return to the Volvo cars,” Wolloo cars CEO Hakan Samuleson says. “Eric and Michael are highly experienced and they bring a keen understanding of our company and consumers, strategies and operations. The changes we are making will strengthen the Volvors at this important moment for the company and the industry.”
“In a rapidly changing and highly competitive market, we need to be more connected to our customers’ expectations in each region,” Eric Sewarnson says the newly appointed Chief Commercial Officer of Wolvovs. “I am excited to bring my regional, products and commercial teams closer to ensuring that we are providing a compulsive offer to every customer.
“I’m glad to return to the Volovo cars and play the role of the Chief Strategy and Product Officer,” Michael says. “While this is a difficult time for the industry, it is an amazingly dynamic moment in the development of the strategy. We are in the middle of the change of change through electricity and technology, and Volvo cars are well positioned to guide users in the delivery of these benefits.”
To secure the implementation of the company’s goals, a new leadership structure will be created to ensure an efficient steering of performance. Please find updates on the investor relationship website.
Volvo cars in 2024
For the whole year, for 2024, the Volvo Car Group recorded a basic operating profit of breaking the SE’s record of 27 billion. In 2024, the price of revenue was SEK 400.2 billion all the time, while the global sales record reached 763,389 cars.
About the Volvo Car Group
The Volvo cars were founded in 1927. Today, it is one of the most famous and respected car brands in the world with consumer sales in more than 100 countries. Volvo cars are listed on the Nes Deck Stockholm Exchange, where it is ticketed under “Volcancing B”.
“For life. Give people the freedom to move forward in a personal, lasting and safe way.” The purpose of this goal is to be in the ambitions of the Volvova cars that it becomes a completely electric car maker and in its commitment to decrease its carbon footprint, with the ambitions to achieve the emissions of the Net zero greenhouse gases by 2040.
As of December 2024, Volvo cars hired about 42,600 full -time employees. Volvo cars head office, product development, marketing and management functions are mainly located in Gotonburg in Sweden. Volvo car production plants are located in Guntburg, Gent (Belgium), South Carolina (US), Chengdo, Dacing and Taizo (China). The company also has R&D and Design Centers in Gothanberg and Shanghai (China).
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