Example embodiments presented herein are directed toward a steering wheel assembly, and corresponding method, for retracting a steering wheel in a vehicle. In the steering wheel retraction, a steering column is configured to first pivot upwards about a horizontal axis directed along the vehicle's width via a pivoting member. Thereafter, the steering wheel column is configured to slide, via an actuating member, in a forward direction towards the instrument panel of the vehicle. Thus, before moving the steering column in a forward direction, the steering wheel is moved away from the driver's legs by the pivoting action. This helps reduce the likelihood of the steering wheel hitting the driver's legs during the retraction.