Volvo CEO Stefan Jacoby Suffers Mild Stroke, Takes Sick Leave
Volvo CEO Stefan Jacoby has suffered a mild stroke, but thankfully he is recovering while taking a temporary sick leave from his duties.
Stefan Jacoby
Volvos Are Too Complicated: CEO Says
Things get complex when you put safety tech innovation first, or so Volvo boss Stefan Jacoby is finding as the brand’s cars get increasingly confusing to use.
Volvo Searching For New Small Car Partner
Swedish automaker Volvo is looking to shack up with a new mate in the hopes of making a fresh set of small cars. Their current compact, the C30 (above), is based on technology from former parent company Ford. However, Ford dumped Volvo almost two years ago, passing them off to Chinese Geely Holding Group for $1.8...
Volvo Plans For Flagship Sedan Now On Hold
Volvo CEO Stefan Jacoby has announced that their plans for a flagship sedan to compete with the Mercedes-Benz S-Class and BMW 7-Series have been put on hold, and may be dead altogether. “It is not in our midterm or long-term strategy right now,” CEO Stefan Jacoby said at last week’s Shanghai Auto Show. “That has...
Volvo XC30 Crossover Planned to Rival BMW X1, Audi Q3
Based on the success of the new-ish XC60 crossover, Volvo will look to move further downmarket with a rival for vehicles like the BMW X1 and Audi Q3. According to at least one report, the move is part of a larger plan to not only increase the volume of models Volvo produces, but also to...
Volvo To Abandon “Premium” Strategy
Volvo‘s CEO Stefan Jacoby is calling for a new focus for Volvo, and wants to see the Swedish automaker abandon its position as a premium brand meant to compete with Audi, BMW and Mercedes-Benz. “Let’s ditch this talk about premium,” said Jacoby while speaking to Autocar magazine. “It sounds like a pricing strategy and it’s...
Volvo Planning New Compact Sedan, Crossover to Rival BMW 1 Series, X1
Under the new leadership of former VW USA CEO Stefan Jacoby, Volvo will look to rival established German automakers in areas of the market where they aren’t as well established. Before BMW can build up too strong of a following in the compact segment Volvo plans to launch a new platform that will be used...
Volvo to Build More Emotional Vehicles, May Partner With Rivals Says New CEO
In his first press conference as the newly appointed CEO of Volvo, Stefan Jacoby gave a vague outline of where he intends to take the company. Top on Jacoby’s list are improving Volvo’s emotional appeal and looking for ways to work with suppliers and other automakers in the industry. Jacoby joins Volvo after heading-up VW’s...
Jacoby Officially Out as Volkswagen’s U.S. Chief
At the very start of Volkswagen‘s self proclaimed journey to become the number one automaker in the world, the head of its incredibly important U.S. division has departed – for Volvo no less. VW has confirmed to members of the press that Stefan Jacoby is no longer with the German automaker. The word was spread...
VW’s Martin Winterkorn Plans To Triple U.S. Market Share By 2018 With New Jetta, EVs
Volkswagen CEO Martin Winterkorn is launching an ambitious plan to triple market share in the U.S. by 2018, with an electric vehicle and an all-new range of products designed with the U.S. market in mind at the forefront. An electric car based on the Golf or the new Up city cars will by sold by...
VW’s U.S. Sales Goals in Jeopardy After Jacoby’s Departure
Volkswagen‘s plan to triple its U.S. sales by 2018 and return to profitability after 8 consecutive years of losses may need to be revised suggests a new report by Automotive News. VW’s already lofty goals may now have become further out of reach with the recent news that the head of U.S. operations, Stefan Jacoby,...
Report: Volkswagen’s New Mid-Size Sedan to Be Offered as a Diesel
Volkswagen will offer its new mid-size sedan with both gasoline and diesel engines says VW North America boss Stefan Jacoby. In doing so VW will be the only automaker in North America to offer a mid-size diesel sedan, competing against the likes of the Honda Accord, Toyota Camry and Ford Fusion. The popularity of hybrid...
Report: Volkswagen to Double U.S. Sales in 2 to 3 Years Says VW of America CEO
Volkswagen will double its sales in the U.S. in the next two to three years says VW of America CEO Stefan Jacoby. Currently the German automaker sells just over 200,000 units in the U.S. annually, moving 213,454 cars and crossovers in 2009, down slightly from 2008. Jacoby believes sales will rise to 400,000 to 450,000...
Rumor Mill: Is Volkswagen Planning a Toyota FT-86 Competitor?
Volkswagen is hell-bent on cracking the U.S. market and has decided to follow a production plan that will see it essentially follow in Toyota’s footsteps – for better or worse. Now that plan seems to include a possible entry-level sports car designed to compete against cars like the upcoming Toyota FT-86. In an interview with...
Report: Volkswagen’s New Compact Sedan to Retain Jetta Name
Volkswagen has confirmed that the company’s new compact sedan will retain the Jetta badge. Until now it has been known only as NCS (New Compact sedan) and is part of a two-pronged attack that Volkswagen will be making on the U.S. market (and on Toyota). Volkswagen plans to increase almost four-fold, growing its sales from...
Report: Volkswagen Passat Likely to Bow-Out When New Sedan Arrives in 2011
When Volkswagen’s new mid-sized sedan arrives in 2011, there is a strong possibility that it will replace, rather than join the Passat, in the German automaker’s lineup. VW Group of America CEO Stefan Jacoby has said that the company is currently studying whether or not to keep the Passat, but all evidence points to its...
Report: Volkswagen to Bring Back the Phaeton to U.S.
Volkswagen’s U.S. CEO has confirmed the planned return of the Phaeton. In an interview with The Detroit News, Stefan Jacoby outlined the German automaker’s plans to become a major payer in the U.S. market and to sell 800,000 vehicles annually by 2018. The plan includes vehicles, many of them entirely new models, to compete in...
Obama Proposes Significant Rise in Fuel-Efficiency Standards
Yesterday President Obama announced a new proposal being put forward to increase fuel-economy standards across the board. If enacted, the legislation would see the fleet average for passenger vehicles rise to 35.5 mpg by 2016. Currently automakers are facing an 8 percent increase in fuel-economy standards that would see fleet averages for light-vehicles (cars and...
Secret New Volkswagen Sedan Coming in 2012
In an exclusive interview with Automotive News, Volkswagen North America CEO Stefan Jacoby let slip precious few details about the secret new sedan that is slated for production. But he did admit its existence, even saying that the final design of the vehicle had been agreed upon in just the past few weeks in Wolfsburg. Whether...
Volkswagen to Bring Two Polo Models to the U.S. in 2011
As we have previously reported, Volkswagen will bring it’s sub-compact Polo to the U.S. but not until 2011. Even more surprising is that the vehicle won’t be the same one that was just unveiled at the Geneva Auto Show. According to a Automotive News report (soured on AutoBlog) the 2011 Polo will come to the...
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