--
 
Top new models for SA

From Renault's new Alaskan bakkie to the latest models at the Frankfurt motor show bound for SA.

Electric cars in SA

The debate on whether or not Electric Vehicles (EV) are viable in South Africa rages on.

Volvo to close Pininfarina plant

2011-10-04 08:35

GONE BUT NOT LOST: Most of the 600 staff at Uddevalla are expected to be redeployed to Volvo’s other Swedish production facilities.

Volvo has announced it will close its Uddevalla production facility in Sweden.

Stefan Jacoby, Volvo’s boss, says it’s a pure business decision. "The low volumes at Uddevalla do not justify continued production"

POOR CAPACITY

All employees will be offered employment in Gothenburg or in other Swedish units.

Jacboy admitted that although the plant had world-class production it built only 10 000 cars in 2010 and was running at 65% capacity.

Volvo started production at Uddevalla back in 2005 as a joint venture with Pininfarina, the latter being the majority shareholder.

In March 2011 the two companies agreed to terminate the joint venture, which would leave Volvo as the sole owner of the Uddevalla operation come 2013, its termination date.
NEXT ON WHEELS24X

Inside Wheels24

There are new stories on the homepage. Click here to see them.