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Volvo CEO mum on his future with Geely

Diana Kuylko covers various import brands headquartered in the New York area for Automotive News.

Stephen Odell, CEO of Volvo Car Corp. says it's going to be a tough year again, but "it just may be more fun" than 2009.

That means a market that will react in "fits and starts," says Odell.

Whether his career will follow the same path, Odell, isn't saying. It's unclear whether he's part of the package in the pending sale of Volvo to China's Geely.

He only says that part of the deal involving keeping the Volvo management team. Doug Speck, CEO of Volvo Cars North America, said last month that he was negotiating a deal with Geely to keep his job.

It was speculated from the start that Odell was dispatched to Volvo in the fall of 2008 to cut costs, staff and prepare the brand for sale.

Odell says the Geely deal is on track to be completed by the second quarter of this year.

You can reach Diana T. Kurylko at dkurylko@crain.com.
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