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The Swedish company postponed its referencing project last year because of the negative consequences of the tariff war and the economic recession, while baduming the cost of retooling its factories in order to limit the negative impact on customs tariffs. .
Addressing Thursday at CNBC's "Squawk Box Europe", Samuelsson said the slowdown in the Chinese market had not blinded the company.
"After several years of steady growth in China (there is) finally a reduction – I think this should really surprise no one," he said.
"On the European market and the US market, we see no clear sign of slowing down until now.We are really seeing that this year will be another year of growth because we have the best profit program to date and of course, we have the ability, strategically for us, it is very important to use it to improve our market share. "
Samuelsson added, however, that an IPO was not part of Volvo Cars' growth strategy this year.
"We said it was an option and it depended on our owner, but we decided at the moment that the market climate is not conducive to an IPO, so we put that on ice, this will not happen this year no plans for this, "he told CNBC.
– CNBC's Chloe Taylor contributed to this report.
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