Not all automakers are affected by the economic crisis raging in Europe. Volvo, meanwhile, expects to sell between 430000-440000 units this year compared to 374,000 cars last year.
CEO of the Swedish carmaker, Stefan Jacoby, the reason for this is that the Volvo's largest markets are the Nordic countries and Germany, which is not the financial crisis that the storms of the south, like Italy, Spain and Greece.
"There is no sign of abating. Our order books are full until the spring of 2012," Jacoby told Automotive News Europe.
The Swedish manufacturer current global workforce of about 24,000 employees, including 16,000 in Sweden, 5000 in Belgium, in 1000 China and 2000 in other markets.
As a result, a thriving sales, Volvo will bring more than 10,000 new employees in order to achieve sales targets 800 000 2020. In the words of Jacoby, "in 2020, we must increase the number of employees is 33 000 -. 35 000 employees"
Volvo, which was sold by Ford to China's Geely in 2010, plans to add two new plants in China. The first to Chengdu is expected to open in 2013 and has an annual capacity of 150,000 units employing nearly 3,000 workers, while Jacoby expects local government to approve a second plant in the coming year.
Therefore, most of the 10 000 additional employees in the world is China, where Volvo wants to quadruple its sales, from 48 to 49 000 units this year to 200,000 by the end of this decade.
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