By Andrew Ganz
Monday, Nov 28th, 2011 @ 3:20 pm

Volvo’s North American arm has promoted its Vice President of Marketing and Product Planning to a top regional position: President of Volvo Cars, U.S.

John Maloney, 50, has more than a decade of experience at Volvo and about 30 years of automotive experience, the automaker said. Maloney will replace Doug Speck effective immediately. Speck was promoted to a Senior Vice President role at Volvo’s headquarters in Sweden.

“The future for Volvo in the United States is very bright and I’m honored to lead the brand during this very exciting time. My priority is to build upon the 2011 success and remain focused on delivering sustainable growth driven though our core volume products – the Volvo S60, XC60 and XC90,” Maloney said in a statement released to members of the media.

Maloney was previously in charge of Volvo Cars of North America’s product planning and marketing communications divisions.