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The Latest Breaking News from Jim Rowan

Volvo isn't off to a good start in 2025. After posting record sales and profits last year, the Swedish automaker is going into a cost-cutting frenzy to try to stay on top of its game. That’s because the results for this year’s first quarter are in, and it’s bad.

InsideEVs

From Tesla To Toyota: How Software Is Hitting Reset On Cars

The car of the future is not one that will remain unchanged over time. It is one that will adapt, improve, and offer more functionality as time progresses. It will integrate with the other gadgets in your life, offer increasingly automated driving and become ever more customized to your unique…

InsideEVs

Volvo’s CEO Is Out

Volvo Cars's Chief Executive Officer, Jim Rowan, will step down today. The company’s board of directors voted to replace him after three years at the helm of the Swedish automaker. Rowan, who was also the automaker's President, will be replaced by Håkan Samuelsson, who will serve a two-year term starting…

InsideEVs

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The Volvo EX90 Will Get A Big Battery Upgrade

Despite its flagship status in Volvo’s lineup of electric models, the EX90 SUV’s high-voltage battery pack is not what I’d call top-tier. That’s because it’s rated at roughly 400 volts, which is fine for most applications, but for a flagship product, it’s behind rivals such as the Kia EV9, Hyundai…

InsideEVs

Trump imposed steel tariffs in 2018. Here’s what happened

Trump implement a similar policy during his first term - and it caused international backlash

The Independent UK

Volvo Has Many New Cars on the Way

Last year was Volvo's second consecutive year of record sales, with 763,389 cars delivered, or 8 percent more than the previous year. Despite this solid result, the Geely-owned brand braces for a "turbulent 2025 due to challenging market conditions." To stay competitive, it's putting the finishing touches on an updated…

Motor1

Volvo Cars Cuts Sales Forecast On Market Headwinds

Sweden's Volvo Cars on Wednesday drastically cut its sales forecast for the year, saying car markets in China, Europe and the United States are "increasingly under pressure."

International Business Times

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Volvo Waves The White Flag On Cheap EVs

Today on Critical Materials: Volvo won't go downmarket on EVs, Tesla sends out invites for Cybercab launch, and GM buddies up to hydrogen.

InsideEVs

Why Volvo is hammering home safety after EV ambitions dashed

Volvo is reminding drivers of its safety “superpower” as it seeks to grab market share in a struggling EV market.

Fortune

Volvo EX30 Made In Belgium May Still Be Affordable. Here’s Why

Volvo CEO Jim Rowan indicated that the company is expected to have the same gross margin on the EX30s made in China and Europe.

InsideEVs

Volvo EX60, ES90 Will Be Among Five New EVs Built On Next-Gen Platforms

Volvo elaborated plenty on its plans to become a technology company, but offered little insight into range and charging improvements on its EVs.

InsideEVs

Why has Volvo scrapped plans to be fully electric by 2030?

“We will be fully electric probably in 50% of the market way before 2030, but in the other 50%, it’s going to take a lot longer," CEO Jim Rowan told Fortune.

Fortune

Volvo ES90 Teased: Range Topping Electric Sedan Coming Soon

We'd heard rumors about the ES90, but now it's officially confirmed. CEO Jim Rowan says the electric flagship sedan is coming shortly.

InsideEVs

Volvo Backs Off EV-Only Promise, Will Likely Push Hybrids Instead

After promising only EVs after the turn of the decade, Volvo instead looks to hybrids as EV demand softens.

InsideEVs

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Fortune

Why Volvo’s focus on safety and ‘human-centric technology’ are anchor points during turbulent times

Volvo CEO Jim Rowan on the benefits of driving in the 'premium' lane.

InsideEVs

The Volvo EX30 Is Already A Sales Hit

The Swedish-based automaker also delivered one million electrified vehicles globally through March 2024 and is well on its way to becoming an EV-only maker by 2030.

InsideEVs

Volvo Boss Is Confident EVs Will See ‘Tremendous Growth’

Volvo Cars CEO Jim Rowan doesn’t seem to agree with some of the gloomy predictions floating around. But is he right?

Motor1

Volvo CEO: Dropping Apple CarPlay Is the Wrong Approach

CEO Jim Rowan says CarPlay and Android Auto aren’t going anywhere.

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Volvo commits to CarPlay, as rival ditches Apple's in-car system

Volvo's CEO believes that offering Apple CarPlay, Android Auto and its own in-car systems is best for customers

The Guardian - UK

Mercedes says electric car market is ‘brutal’ for manufacturers

German company points to ‘intense price competition’, which it sees as unsustainable

InsideEVs

UPDATE: Volvo EX90 Delayed To Mid-2024 Over Software Integration Issue

Volvo Cars CEO Jim Rowan said the "five- or six-month" delay is caused by the "complexity of the software code" around the EX90's standard LiDAR system.

InsideEVs

Volvo Lineup To Be Fully Electric By 2030, “No Ifs, No Buts”

Brands like BMW and Toyota are playing it safe and going with a diversified powertrain offering ranging from gasoline, battery-powered, and hydrogen-powered platforms for the foreseeable future.

InsideEVs

Will Tesla's Price War Accelerate EV Adoption?

As legacy automakers and startups try to catch up to Tesla’s EV dominance, some are wondering if price cuts will speed up the transition to EVs.

Motor1

Volvo Cuts 1,300 White-Collar Jobs In Sweden To Reduce Costs

No production line workers will be affected by the job cuts.

InsideEVs

Volvo CEO Says Tiptoeing Towards Full EV Adoption Is A Bad Idea

Volvo CEO Jim Rowan thinks that going at a reduced speed towards an all-electric future, all while continuing to develop combustion engine models is a mistake.

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