Again the topic Volvo. What has Saab to do with it? The new Volvo CEO Håkan Samuelsson was among the circle of investors who wanted to take over Saab from GM. The story did not go as desired, instead of Swedish investors came Spyker and we already know the rest of the story.
Håkan Samuelsson succeeds the sick Stefan Jakoby, who previously worked for Scania and became known in Germany as CEO of truck manufacturer MAN. At MAN, he initiated extensive restructuring before he had to go in a row with the VW chairman Ferdinand Piech. Since then, the experiments are said to want to return home professionally. Samuelsson will have a good relationship with Volvo owner Geely and he will take over the Volvo ship in rough seas. Now the 61 year-old manager has to continue where Jakoby had to stop unintentionally due to a stroke.
The first goal must be to dry up loan agreements with the China Development Bank. It is about a credit line of 40 billion crowns over which for months is negotiated. There was a letter of intent in the spring and in September Jakoby said they were close to graduation. If Volvo receives the credit line, the development of the other Swedish brand is secured for the foreseeable future.
Håkan Samuelsson did not get a role at Saab. Perhaps the story of Trollhättan would have been better with him, who has successfully managed the business at MAN. Now it can prove itself in Gothenburg.