Volvo Cars, the premium car maker, announces today that Ödgärd Andersson will join the company as Vice President Electrics, Electronics and Chassis as of October 1. She replaces Thomas Müller who has elected to move to a new position outside the company.
Ödgärd Andersson brings a wealth of experience from the telecom industry. Before joining Volvo Cars, she worked at Ericsson for almost twenty years and held different leading roles in the area of research and development, both in Sweden and in Silicon Valley. Most recently she was Vice President and Head of Product Development within Ericsson’s Packet Core unit.
“Having been part of transforming the telecom industry from hardware to software oriented development, I believe Ödgärd is the perfect fit for our planned developments in the area of autonomous drive, connectivity and electrification,” said Peter Mertens, Senior Vice President Research and Development at Volvo Cars. “I am very happy to welcome her to Volvo Cars.”
"The car industry is transforming rapidly with new business models and partnerships,” said Ödgärd Andersson. “New software-based services, connectivity and autonomous driving will change how we use, own and experience our cars. I am very excited to join that transformation."
Volvo Car Group in 2015
For the 2015 financial year, Volvo Car Group recorded an operating profit of 6,620 MSEK (2,128 MSEK in 2014). Revenue over the period amounted to 164,043 MSEK (137,590 MSEK). For the full year 2015, global sales reached a record 503,127 cars, an increase of 8 per cent versus 2014. The record sales and operating profit cleared the way for Volvo Car Group to continue investing in its global transformation plan.
About Volvo Car Group
Volvo has been in operation since 1927. Today, Volvo Cars is one of the most well-known and respected car brands in the world with sales of 503,127 in 2015 in about 100 countries. Volvo Cars has been under the ownership of the Zhejiang Geely Holding (Geely Holding) of China since 2010. It formed part of the Swedish Volvo Group until 1999, when the company was bought by Ford Motor Company of the US. In 2010, Volvo Cars was acquired by Geely Holding.
As of December 2015, Volvo Cars had almost 29,000 employees worldwide. Volvo Cars head office, product development, marketing and administration functions are mainly located in Gothenburg, Sweden. Volvo Cars head office for China is located in Shanghai. The company’s main car production plants are located in Gothenburg (Sweden), Ghent (Belgium), Chengdu and Daqing (China), while engines are manufactured in Skövde (Sweden) and Zhangjiakou (China) and body components in Olofström (Sweden).