Tony Nicolosi is acting CEO of Volvo Cars North America

Article by Anita Panait, on October 7, 2013

Volvo has named Tony Nicolosi, chief executive of Volvo Car Financial Services U.S., as the acting head of its operations in the US. Nicolosi, in a temporary basis, is the replacement of John Maloney, who had been the CEO of Volvo Cars North America since 2011. Maloney is leaving the company.  Volvo executives said that they will name the permanent president and CEO of the carmaker’s US operations later.

The move is part of a management shakeup aimed at boosting Volvo’s sales and marketing in the US.  As the acting CEO of Volvo Cars North America, Nicolosi is faced with the daunting task of increasing the carmaker’s US sales, which have dropped 7 percent this year while the vehicle market in the country is growing. 

The carmaker’s slumping sales have been attributed to its aging product lineup as well as the expanded offerings of rival luxury brands from Europe, US and Asia. Alain Visser, Volvo Car Corp.'s senior vice president for marketing, sales and customer service, remarked to Automotive News that while Nicolosi could be called "a bean counter," he is a solid executive with strong dealer relationships.

“Tony has been with Volvo for 26 years, has a keen insight into the business operations and is a strong and enthused leader,” said Alain Visser, Senior Vice President Marketing, Sales and Customer Service at Volvo Car Group. “As our largest market globally, VCNA’s momentum and success in the U.S. is vital to a larger transformation taking place at Volvo.” [source: Volvo]

Topics: volvo, north america, ceo

If you liked the article, share on:

Comments

Recommended

It’s pretty neat if you possess something of an extraordinary breed like, say, the Pagani Huayra. There are after all just a total of 100 units ever been built by...
by - April 28, 2017
If you’ve ever visited an arcade, chances are you have already seen a Logitech G920 wheel. If that doesn’t ring a bell, it’s the steering wheel that you use when...
by - April 28, 2017
Toyota Motor Corporation disclosed that it will be bringing two of its Mirai fuel cell vehicles to China by October of this year. Tests will then be conducted on these...
by - April 28, 2017
Jaguar fans, as well as auto enthusiasts in general, has a reason to celebrate this week as the brand gave everyone a peek of the new 2018 XF Sportbrake. This...
by - April 28, 2017
BMW has revealed that its i brand has partnered with TED in order to launch a worldwide search of unique ideas under the title “NextVisionaries.” This brand has long been...
by - April 28, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries