Volvo Automotive Division has announced the closure of the Uddevalla, Sweden in 2013, when it will take sole ownership of the factory. "The low production volumes do not justify the Uddevalla plant will continue," said Stefan Jacoby, CEO of Volvo.
Uddevalla plant is currently under way between Volvo and Pininfarina have signed a joint venture, which was founded in 2005, the production of C70 hardtop convertible. The plant employs 600 people, and in 2010 production was 10,000 units, representing only 65% of total capacity.
"Uddevalla factory to produce high quality cars," said Jacoby. "However, the carmaker Volvo is not the size, economic conditions justify a factory that produces a model for the volumes we have today."
Volvo last March and Pininfarina agreed to end their joint venture in 2013, leaving Volvo as the sole owner of the factory. Although production will cease, the people employed in Uddevalla be offered work at other Volvo plants.
Monday, October 3, 2011
Volvo C70 Convertible Stop Factory Built In 2013
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