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CEO Jim Rowan's leadership has played a pivotal role in Volvo's recent accomplishments, marked by a commitment to expand global sales. Although the company adjusted its growth target downward from over 15% to less than 10%, the results are still commendable. Volvo's decision to embrace electric cars and hybrids is not only enhancing its market position but will also provide financial benefits. As part of a new initiative, other automakers, such as Suzuki, will purchase CO2 credits from Volvo, potentially netting the company hundreds of millions in revenue.