Currently reading: Volvo CEO was pushed out as financial conditions turned stormy

Sources confirm to Autocar that Jim Rowan was pushed out, sending shockwaves through the industry

Of all the recent CEO swaps, Volvo dropping Jim Rowan in favour of his predecessor Håkan Samuelsson provoked the most puzzled response among car industry watchers.

“It’s the biggest surprise of all the changes,” said former Nissan and Aston Martin senior executive Andy Palmer. “In my mind, he was doing great.”

Volvo hasn’t officially confirmed the reason for Rowan’s departure, but two separate sources have confirmed to Autocar that he was pushed out.

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