Volvo (VOLVY.PK) shoots down a report that its CEO is a leading candidate to take over the helm...

|About: Volvo AB ADR B (VOLVY)|By:, SA News Editor

Volvo (VOLVY.PK) shoots down a report that its CEO is a leading candidate to take over the helm at Opel, saying the rumor has no substance. General Motors (GM -1.5%) hasn't named a replacement for its European arm after re-assigning Karl-Friedrich Stracke earlier this summer.