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Well, let’s see when they‘ll launch a full self driving car they accept full liability with. It’s easy to promise it and never deliver such a car.

Full agreement.

For a fender bender, well money can fix a lot of things, but what happens when the car kills a mother and her toddler.

CEO goes to jail?

CEO says "I take full responsibility".

Outside of Japan crying is optional.

As we say: promises only bind those who believe in them.

Unless it is written and signed in some form of paper given when vehicle is sold, it doesn't mean anything legally.

That's good optics, but can you actually do that though? Like you can declare "I claim responsibility!", but in real-life, doesn't a court have to actually find you liable?

I DECLARED responsibility!

Basically yes, it's effectively just a promise, but statements like this could probably be used as evidence if it came to that. Your insurance would talk to their insurance and tell their insurance to talk to Volvo. Volvo would settle or maybe fight the case but they pinky promise not to try to push it back to you or your insurance.