IPG’s Initiative Wins Volvo’s $500 Million Media Account

Volvo is shaking up its media agency roster for the first time in 25 years.

IPG Mediabrands’ Initiative has won Volvo’s global media review, ADWEEK has learned.The account spans all regions outside of China, with key markets including the U.S., U.K., Germany, Sweden, Japan, Australia, Korea. Work will begin in 2025 after a brief transition period, according to sources, Volvo confirmed.

“We regularly evaluate our agency model and operations to ensure we are equipped with the right technologies, agility, and efficiency,” a Volvo spokesperson said.

Read more: IPG Mediabrands Appoints Darren Yuen as Chief Executive Officer in Malaysia

Author Profile

About News Bureau

View all posts by News Bureau