Volvo Doubles Down on EVs: CEO Samuelsson Declares Electric Business Profitable

January 24, 2026 – According to a recent report from CarBuzz, Volvo’s management has reiterated that the “full electrification” strategy remains at the heart of the company’s vision, with its electric vehicle (EV) business already delivering significant financial returns. When discussing profitability, Volvo CEO Hakan Samuelsson emphasized that the brand is now more profitable thanks…

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Ford CEO Farley: Aspiring for Full – Category Coverage, Yet Outmatched in Cost Control by Japanese and Korean Rivals

December 27, 2025 – Ford is quietly undergoing a profound strategic transformation, as reported by Carscoops today. In addition to making significant adjustments to its electrification plans, the automaker is also abandoning its long – held strategy of focusing on small, mass – market vehicles. Currently, Ford is shifting its focus to what it calls…

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Volkswagen’s “Cost – Efficiency Drive” Shows Initial Signs: 30% Cost Cut at Three German Plants

December 20, 2025 – Volkswagen’s cost – cutting initiatives are making notable headway, as reported by Reuters. On Thursday local time, Thomas Schäfer, the CEO of the Volkswagen brand, announced that a series of measures, including workforce adjustments and cost control at German factories, have started to yield results. For instance, the costs at three…

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