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The expansion of the factory is part of an $11-billion investment Volvo’s Chinese owners, Geely, are making.
Volvo Cars is adding 1,300 new jobs and ramping up production at its factory in Gothenburg, Sweden, in response to increased consumer demand for its vehicles.
The jobs will support a third shift at the 50-year-old plant, called Torslanda. They will come online in the first quarter of 2015 as production of the XC90 crossover begins. With the addition of a new body shop, the factory will be capable of making 300,000 vehicles per year.
The additional employees will lift the headcount at Torslanda to 4,600 people. It comes as Volvo has announced a new agreement with its workers that will allow the factory to be more flexible and support the increased output. Volvo is forecasting further increases in production at the factory next year due to high levels of demand for the upcoming XC90, which launches as a 2015 model.
The expansion of the factory is part of an $11-billion investment Volvo’s Chinese owners, Geely, are making in the 87-year old Swedish brand. Geely purchased Volvo from Ford in 2010.
Volvo expects to have its best-ever sales year in 2014 and forecasts total volume of 470,000 vehicles.
For more details, scroll through Volvo’s announcement.
Continue reading Volvo to add 1,300 jobs, ramp up production in Sweden
Volvo to add 1,300 jobs, ramp up production in Sweden originally appeared on Autoblog on Fri, 17 Oct 2014 09:26:00 EST. Please see our terms for use of feeds.
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