Volvo CEO Shake-Up: Håkan Samuelsson Steps Down Again

Volvo is undergoing another leadership change, with CEO Håkan Samuelsson departing the role. Samuelsson had returned from retirement less than two years ago to help guide the automaker.

His comeback was intended to steady the company during a crucial period for the industry. Now, Volvo faces the task of finding a new chief executive to continue its strategic direction.

The move marks yet another high-level transition for the Swedish brand, which has been navigating the shift toward electrification and evolving market demands.