Subscribe free to our newsletters via your
. Farming News .




CAR TECH
Volvo says will recruit 1,300 in Sweden as sales boom
by Staff Writers
Stockholm (AFP) Oct 16, 2014


Chinese-owned Volvo Car Group said Thursday it was expanding its Swedish workforce by about 1,300 as sales peak, bucking trends in the global auto industry which has been cautious about a gradual recovery.

"Volvo Cars will add a third working shift in its Torslanda, Gothenburg plant to meet the increasing customer demand for the company's new cars," the group said in a statement.

"Volvo Cars global retail deliveries were up by 9.2 percent during the first nine months of the year," the group said, adding that it expected to sell about 470,000 cars by the end of the year -- "an all-time high sales result for the company".

The expansion at the group's Gothenburg plant in early 2015 by nearly 40 percent to 4,600 workers will coincide with the production start for the XC90 SUV -- Volvo's first fully new car since being bought by Zhejiang Geely Holding from Ford Motor Company in 2010.

Chief executive Haakan Samuelsson told Swedish public radio SR that the group would start recruiting, mainly production line workers, immediately.

"It takes time to find 1,300. We're starting now and must be ready in April because then we need the capacity," he said, adding that the group had thought hard about whether it was the right time to expand or if it's outlook was "too optimistic".

In August the group doubled its sales growth outlook for 2014 to 10 percent on the back of a surge in demand from Chinese car buyers, which grew by more than a third, -- largely offsetting a 10 percent fall in the US -- and signs of growth in the European car market.

Volvo Cars was separated from the Volvo Group's truck, engine and construction machinery business in 1999 and employs about 23,000 globally.

.


Related Links
Car Technology at SpaceMart.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








CAR TECH
Hailo taxi app folds in US, looks to Europe and Asia
Washington (AFP) Oct 15, 2014
Hailo, the taxi app launched with the help of London cab drivers, is pulling out of North America, citing tough competition from rivals such as Uber and Lyft. Tom Barr, co-chief executive and president, said Hailo would concentrate on markets in Europe and Asia and enhanced products such as payment technology and a "concierge" service. "In the next phase of our growth, we have decided to ... read more


CAR TECH
Russia to Conduct Observation Flights Over Canada and US

Nimbus: NASA Remembers First Earth Observations

EO Investment and Data

NASA Aeronautics Research Tests New Tool for Early Wildfire Detection

CAR TECH
ISRO to Launch India's Third Navigation Satellite on October 16

Russian Phone Operators Could Become GLONASS Shareholders

London cabbies streets ahead with 'inner GPS': Nobel winner

India's Tata Power licensed to produce Honeywell navigation system

CAR TECH
First Detailed Map Of Carbon Stocks In Mexico Forests Unveiled

Climate change not responsible for altering forest tree composition

Three Cambodian log traders charged over journalist murder

Mangroves Protecting Corals from Climate Change

CAR TECH
New Discovery Will Enhance yield and quality of Cereal and Bioenergy Crops

New ProMOS Bio Software Guides Biogas Plants into the Future

U.S. funding projects meant to make biofuels competitive

Balancing birds and biofuels: Grasslands support more species than cornfields

CAR TECH
Kyocera and Healthy Planet Team Up To Lower Solar Capital Costs

San Francisco To Get 68 New EV Stations

NEXTracker Introduces NEXTracker SPT Self-Powered Tracker

ET Solar Supplies 5 MW PV Modules to a Mining Operation in Suriname

CAR TECH
U.S. states get federal backing for clean-energy programs

Study recommends ongoing assessment of offshore wind farms

Scotland wants more control over U.K. energy policies

SeaRoc and HSEQ Experts join forces to support offshore wind projects in Europe

CAR TECH
Australia approves huge India-backed mine

Beijing shuts large coal power plant to curb smog: report

CAR TECH
China's Xi echoes Mao on the arts: state media

China crab industry feels pinch from graft crackdown

China 'cult' members sentenced to death for McDonald's killing

China arrests 25 in media coverage extortion case




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.