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Volvo Cars denies reports of US exit plans

Volvo Cars' Chief Executive Officer Håkan Samuelsson has denied speculation that the company intended to pull out of the US. The US is Volvo Cars' largest single market, and accounts for 16% of the company's worldwide sales. However, its share of the US car market dropped to 0.46% last year. Speaking It’s time to log … Continued

Volvo Cars' Chief Executive Officer Håkan Samuelsson has denied speculation that the company intended to pull out of the US. The US is Volvo Cars' largest single market, and accounts for 16% of the company's worldwide sales. However, its share of the US car market dropped to 0.46% last year.

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