(Reuters) -Volvo Cars has appointed Hakan Samuelsson as its new chief executive, effective April 1, 2025, it said on Sunday. Samuelsson had previously served as the company's CEO for about a decade from 2012 to 2022. He will succeed Jim Rowan, who will step down on March 31.

Volvo Car reappointed Hakan Samuelsson as its chief executive, with the Swedish carmaker facing strengthening headwinds from imminent U.S tariffs and intensifying competition.

The Board of Directors of Volvo Cars has appointed Hakan Samuelsson as Chief Executive Officer and President. Hakan will serve a two-year term, starting April 1, 2025. This ensure