Tag Archives: Erik Severinson

Volvo Cars Q2 2026 Sales Drop ~6%

Posted on 2 July 2026 by Ken Zino

Volvo Cars (VOLCAR B:STO)* today reported global sales of 171,501 cars in the second quarter of 2026, down 5.6% from Q2 last year. This is partially due to the difficult operating environment across regions, especially in China, that global automakers are enduring along with the Trump mis-administration tax, trade and foreign policy strategies. [Part of the solution to the Chinese problem is that Chinese owned Volvo cars can export Chinese EVs to global markets, which it is increasingly doing – AutoCrat.]

“Overall market conditions remain challenging, specifically in China, but we are encouraged by the momentum for the fully electric cars in our largest market Europe,” said Erik Severinson, Chief Commercial Officer at Volvo Cars. “We see increased deliveries and order intake for our EX30, even in less electrified South European markets. This is reflected in our higher market share in the growing electric car segments compared to traditional petrol and diesel cars.” Continue reading →

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Chinese Owned Volvo Cars to Import Lynk & Co Cars in Europe

Posted on 30 March 2026 by Ken Zino

“With this new arrangement, we will leverage our commercial system to support Lynk & Co’s growth ambitions in Europe,” said Erik Severinson, chief commercial officer at Volvo Cars. “At the same time, it enables Volvo Cars and our retail partners to address a wider customer base. With the support of our retailers and our commercial organization, Lynk & Co can achieve its true potential in Europe.” Continue reading →

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Volvo Cars to Increase EX60 SUV Production to Meet Demand

Posted on 4 March 2026 by Ken Zino

“That so many customers ordered the EX60 in the first month has surpassed our expectations, and it’s a good ‘problem’ to have,” said Erik Severinson, chief commercial officer at Volvo Cars. “We are very encouraged to see such strong demand for our game-changing electric SUV, and we are now reviewing our production plans for 2026, as we gear up for the start of customer car production next month. Continue reading →

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Milestones – Volvo Cars One Millionth Plug-In Hybrid

Posted on 2 October 2025 by Ken Zino

Volvo Cars (VOLCAR-B.STO)* said today it reached a milestone in its electrification goal in September when it delivered its one millionth plug-in hybrid. The Chinese-owned company** is transitioning to becoming a fully electrified car maker with plug-in hybrids (PHEVs) as part of the plan. Volvo posted a significant loss in Q2 2025 as it was caught in the crossfire of President Trump’s ongoing tariff chaos.

“Volvo Cars is committed to a fully electric future, and we will get there in a pace that suits our customers,” says Erik Severinson, chief commercial officer at Volvo Cars. “Our plug-in hybrid cars are a crucial bridge towards that future for those customers who are not yet ready to go fully electric.” Continue reading →

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