Volvo Cars named Skoda chief Klaus Zellmer to follow Hakan Samuelsson, with the chair changing by 1 October 2027. Reuters notes the stock is down more than 45 percent this year and that Samuelsson does not plan full-time work after April.
Economics & Markets··Evening
Zellmer by October 2027; Samuelsson not staying full time
On 20 September 2026 Reuters reported that Volvo Cars had named Klaus Zellmer, who runs Skoda, as the next chief executive, with the handover dated to 1 October 2027 at the latest. Samuelsson said last week he did not plan to work full time once his contract ends in April. The stock, in the same item, is down more than 45 percent this year. The date is the company's. The April remark is Samuelsson's. The drop is the wire's market line.[1]
A 2030 slate of thirteen models and a doubled-share aim
Thursday's strategy sitting, restated in the succession story, put a 2030 list of thirteen fresh models on the table and an aim to double share. Those are targets, not a plant-by-plant ship calendar. Reuters parks them beside the chief-executive handover. They do not name which factory builds which car. The doubled-share aim is Samuelsson's, dated to that Thursday sitting.[1]
Geely's majority, US duties, a Polestar ban
Geely Holding of China holds the majority. The wire lists missed profit marks under US duties, weaker electric-car demand in China, and high development bills. Selling in the United States still depends on keeping Western and Chinese kits apart. Sister brand Polestar already faces a sales stop there. Those constraints are the backdrop in the 20 September copy, not a fresh US order issued that morning.[1]
