Word: engellau
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...executives' main goal is to lure more young Swedes into the country's chronically insufficient pool of blue-collar laborers. At present, "the kids want to go to the university or into civil service, not industry," complains Volvo's Chairman Gunnar Engellau. Already, more than one-third of Volvo's and Saab's blue-collar jobs are filled by Finns, Danes, Norwegians, Yugoslavs, Italians and other foreigners...
...average president of a Swedish company with at least 500 employees makes about $30,000. The total income of Sweden's best-known executive, President Curt Nicolin of electric-equipment maker ASEA (for Allmänna Svenska Elektriska Aktiebolaget), is $120,000, and that of Volvo Boss Gunnar Engellau...
...giant of the north. It has the highest wage scales, highest living standards and highest productivity in all Europe. In the past 25 years, its industrial output has trebled and has crossed the world. The auto industry's big success story is the Volvo, sparked by dynamic Gunnar Engellau, the first European automaker to build a North American assembly plant. Behind Swedish industry's plans to spend a billion dollars for new plant and equipment this year stand such powerful banking and business dynasties as that of the entrepreneurial House of Wallenberg...
...public enthusiasm at the Geneva showings that both Saab and Volvo are confidently looking forward to their biggest spring orders ever. Neither new car, however, will go on sale in the U.S. until it has been exhaustively tested on Sweden's tortuous roads. Says Volvo's Engellau: "If we didn't keep up the Swedish reputation for quality, we'd be dead ducks...
...gear. Today, however, Volvo factories swarm with lynx-eyed inspectors so uncompromising that suppliers are apt to find entire shipments of parts rejected for a minor deviation that many auto companies would let pass. Such rigid adherence to standards comes straight from Volvo's incisive Managing Director Gunnar Engellau, 55, who coldly compels his top executives to reduce their weight whenever they deviate from his specifications for the ideal male figure. Since Engellau took over in 1956, Volvo production has climbed from 36,766 cars to last year's 78,527-and the company now does almost...
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