Ex-Volvo CEO Hakan Samuelsson has his old title back, replacing Jim Rowan who held the job for three years after Samuelsson stepped down in 2022. As he assumes/resumes his role, Samuelsson will face new challenges, including President Donald Trump’s threat to slap 25 percent tariffs on all cars not made in the US. Volvo already moved production of some of its vehicles, including the all-electric EX30, to Europe from China to avoid EU tariffs — and may ultimately do the same for the US.