Dtefan Jacoby moving to Volvo in August

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According to a report out of Germany, President and CEO of th
Volkswagen Group of America Stefan Jacoby is set to leave th
automaker this August to take the top spot at Volvo

Jacoby, who has led VW's U.S. arm since 2007 and enjoyed a brief stin
at Mitsubishi Motors Europe, is set to replace Volvo's current CE
Briton Stephen Odell. Odell will reportedly become the new head o
Ford's European operations when Jacoby takes over the Geely-owne
Swedish marque in August

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