Hans Oscarsson was appointed Chief Financial Officer of Volvo Car Group (Volvo Cars) as of August 1, 2013. Hans Oscarsson was Deputy CFO and Operation Controller at Volvo Cars until then and succeeds Jan Gurander, who was CFO since 2011.
Volvo Car Group has reported an operating profit for the first six months of 2014 of 1,210 MSEK on the back of strong demand in key markets such as China, Sweden and Western Europe.
Volvo Car Group expects sales for the full year to increase by close to 10 per cent in 2014 driven by steady growth in key markets and an improving product offer, according to Håkan Samuelsson, president and chief executive.