Skoda Boss Klaus Zellmer Named as New CEO of Volvo
The Geely-owned automaker is widening its product overhaul as it targets an operating margin above 8% and 13 new models by 2030.
- On Sunday, Volvo Cars appointed Klaus Zellmer as President and Chief Executive Officer, effective no later than October 1, 2027. Zellmer currently leads Skoda Auto.
- Current CEO Håkan Samuelsson will step down next year when his contract expires. Samuelsson told media, "I expect to remain until my contract expires in April."
- Volvo Car Chairman Li Shufu praised the incoming executive, stating, "Klaus Zellmer combines deep expertise in the automotive industry with extensive international leadership experience." The board expects a "seamless" transition.
- To navigate fierce competition, the company is reshaping its manufacturing network and adopting a regional approach. Volvo is deepening cooperation with its Chinese parent company, Geely.
- Volvo aims to double its global sales share of electric vehicles and plug-in hybrids from around 1.7% currently. The automaker is giving hybrids a larger role due to a slower-than-expected shift toward full EVs.
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109 Articles
KLAUS Zellmer, former director of Škoda, has been appointed the new CEO of Volvo Cars. His task will be to implement a strategy that includes the launch of 13 new models by 2030.
Klaus Cellmer, who has worked in the automobile industry for more than 30 years, is expected to lead a Swedish car manufacturer no later than 1 October 2027.
Volvo names Klaus Zellmer as chief executive
Volvo Cars has appointed Klaus Zellmer, chairman of the board of management at Skoda Auto, as president and chief executive, taking over from Hakan Samuelsson no later than 1 October 2027. Skoda posted an 8.5% operating margin in the first half of 2026, against Volvo’s 3.5% for last year and an 8% target with no […] This story continues at The Next Web
The Independent
The Independent (US)The shock move set to make an already-brilliant Volvo even better
In the latest DriveSmart newsletter, Steve Fowler dissects why Klaus Zellmer’s sudden switch from Skoda to Volvo is one of the smartest leadership moves in the car industry right now
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