Volvo Car USA CEO rallies dealers on EVs, CPO participation

Volvo Car or truck USA’s make assembly was a celebratory just one.

The Swedish automaker offered additional motor vehicles in the U.S. last yr than it has in a dozen yrs, with deliveries up 10 percent.

“It was an remarkable very good yr, with expansion 12 months in a row,” CEO Anders Gustafsson instructed Automotive Information right after the conference. “Also, we achieved [sales of] in excess of 100,000 cars.”

At the meeting, held the working day just before Volvo’s yearly supplier assembly, Gustafsson gave dealers an overview of where by Volvo is headed from a manufacturer and item viewpoint, in accordance to some attendees. Gustafsson assured sellers he has a plan to tackle the four horsemen of the car sector apocalypse: connectivity, electrification, mobility and autonomy.

Electrification will set stress on margins, he claimed. Even so, the CEO admitted to not possessing a crystal ball.

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