Volvo CEO Stefan Jacoby on sick leave after suffering mild stroke

Article by Christian A., on September 25, 2012

After experiencing a mild stroke last week, Stefan Jacoby (the CEO of Volvo Cars) will be on sick leave for the next month, according to a statement from the company. Jacoby, who is 54 years old, heads Volvo, which is currently owned by Zhejiang Geely. He has been placed under medical supervision and has begun the recovery process.

In the statement, Jacoby said, “I was lucky that it was a mild stroke." He shared that his right arm and leg can move but only on a limited range. He said that his condition has improved and that he will concentrate on resting and exercising so that he can return to work as soon as possible. Most of Jacoby’s professional career was at Volkswagen.

He served as the head of Volvo Cars since 2010. In Jacoby’s absence, Jan Gurander, the company's chief financial officer, will take on the responsibilities in the meantime. He is tasked to run the retail operation in China, where annual sales are not expected to attain its 2015 goal.

Volvo cars are presently being imported to China from plants overseas, but the company is looking to establish production in the country in the coming years. Volvo is expecting to sell 200,000 cars annually in China in 2015 as part of a worldwide sales target of 800,000. It sold almost 450,000 cars around the world in 2011.

An adventurous five-door hatchback, the new and redesigned Volvo V40 takes pride in its impressive fuel efficiency, improved ride handling, and enhanced safety features.

With a stunning design that is inspired by C30 coupé and the timeless P1800ES Volvo, it is more sophisticated and athletic compared to the common class norm.

Big upgrades are done to improve its agility, handling, ride comfort and steering feel. Volvo specialists boast of the Volvo V40 as the new model benchmark for fine dynamism.

Volvo's leadership in safety has never been taken for granted. The Pedestrian Airbag Technology, one of its newest innovations, follows another world-first from Volvo, the Pedestrian Detection with Full Auto Brake. These safety features were first used in the Volvo S60. Both of these high-end features guarantee V40 customers with the best protection system for car occupants and pedestrians.

The Pedestrian Airbag is launched with the Volvo V40. It has a detection system that inflates the airbag from below the bonnet’s back edge when it hits a pedestrian. What cushions the pedestrian is the raised bonnet, while the airbag safeguards his head from the "hard and solid points" at the bottom of the lower A-pillars and the windscreen.

Statistics show that 14% of traffic fatalities in Europe involve pedestrians while in China, the figure is 25%.

Topics: volvo, ceo

If you liked the article, share on:



The primary suggestion of a 4x4 ute from French company Peugeot was first revealed in 2016. Fifteen months later, the production version is launched. Now, Peugeot is not shying away...
by - June 24, 2017
The new Jaguar E-Pace crossover will soon hold its official launch on July 13 and is expected to arrive at the showrooms by early next year. It couldn’t have come...
by - June 24, 2017
As prices of the original Shelby Cobra have skyrocketed into astronomical proportions, there are firms like Superformance that serve replicas to consumers who demand the same levels of performance at...
by - June 24, 2017
New and improved 2018 Subaru Legacy comes packed with a number of upgraded features from the get go - from the exterior to the interior. And the company has finally...
by - June 23, 2017
In an interview involving Lamborghini CEO Stefano Domenicali and Automotive News, the topic about the Urus was thoroughly discussed. This super SUV is scheduled to make its debut later this...
by - June 23, 2017

Youtube Channel

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