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0.00151515151515157 0.00252525252525256 0.00252525252525256 0.00303030303030315 0.00555555555555553 0.00505050505050512 0.00151515151515157 0.00202020202020198
Stock impact report

Volvo Car brings back Samuelsson as CEO to steer turnaround [Fortune]

Ford Motor Company (F) 
Last ford motor company earnings: 4/28 04:09 pm Check Earnings Report
US:NYSE Investor Relations: shareholder.ford.com
Company Research Source: Fortune
Samuelsson, 74, will replace Jim Rowan on April 1 and serve for two years as the board looks for a long-term successor, the company said Sunday. Samuelsson was Volvo's CEO for a decade until 2022. Volvo is among European manufacturers hit by President Donald Trump's additional 25% auto duties . While it has a factory in South Carolina, Volvo still exports a significant share of vehicles from Europe to the US. The company's shares rose 1.2% as of 9:12 a.m. on Monday in Stockholm. The trade tensions and waning demand for EVs have weighed on the stock, which has slumped around 48% in the past year. “With fast-moving technological shifts, growing geopolitical complexity, and intensifying competition across regions, the board believes th Read more
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