Volvo Cars Appoints Former Porsche North America Executive Klaus Zellmer as Global CEO

Volvo Cars has announced that Klaus Zellmer, former CEO of Škoda Auto and ex-Porsche North America leader, will become its new global president and CEO starting October 1, 2027. He is set to replace Håkan Samuelsson, who previously led the company from 2012–2022 and again since April 2025 before stepping down for a second time. Zellmer brings over three decades of automotive industry experience, including leadership roles at Porsche and Volkswagen. During his tenure as Škoda CEO, he oversaw record sales in 2025 and strong electric vehicle deliveries in early 2026. Volvo's chairman praised Zellmer for his expertise across both premium and high-volume segments. The appointment follows Samuelsson’s recent product strategy to launch 13 new models aimed at doubling profit margins, as the company navigates a challenging automotive landscape.

By Paul Myles Mon, September 21, 2026 at 7:00 PM GMT+3 2 min read · Yahoo Finance ·

Volvo Cars Appoints Former Porsche North America Executive Klaus Zellmer as Global CEO

Topics: automotive leadership volvo cars

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