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

Polestar is notably known to be Volvo's internal performance specialists, and around last year Polestar revealed to the public that it will utilize electrification to further advance the power of...
by - June 26, 2017
Earlier this month, Porsche introduced to us the 911 Turbo S Exclusive Series. The car wore a Golden Yellow Metallic paint. The same time it was launched, the company said...
by - June 26, 2017
Last month, the Lamborghini Centenario made its way to the Transformers: The Last Knight premiere where it got the attention of many. Following that event, three Lamborghini Centenario coupes landed...
by - June 26, 2017
The Holy Trinity of hypercars may not be accessible anymore after being discontinued, but that doesn’t mean we won’t see any more hypercars in the future. What we know is...
by - June 26, 2017
Kia is taking things a step further with the new Kia Stinger, which they first introduced at the 2017 Detroit Auto Show. With the specs given to us by the...
by - June 25, 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