Stefan Jacoby said “too early” for Volvo flagship

Volvo CEO, Stefan Jacoby, has responded to Geely’s CEO, Li Shufu for wanting a large executive sedan in the Volvo line-up, saying it is “too early” for Volvo to be designing a BMW 7 Series and Mercedes S-Class rival. Shufu obtained Volvo from Ford earlier this year. Shufu would like to see Volvo create more “high-level cars that compete with the Mercedes S-Class and BMW 7 Series”. Jacoby said