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Spring cleaning at Volvo

September 13, 2008

In recent times, Volvo has been rumored to be the next brand to be sold off Ford PAG’s (Premier Auto Group) list of marquees. But time after time Ford has denied these claims. Now with Ford looking to keep hold of Volvo, it appears some housekeeping needs doing…

Less & less Volvo’s are being sold all over the world each day. With this grim news for the Swedish manufacturer, it is time for some spring cleaning per se. This includes cutting around 900 jobs at its west-Sweden plant in Goteborg. This will ease up the workers-to-sales ratio for Volvo. This all comes in after a new president/CEO was appointed a week or two ago… he’s got his work cut out is all I can say!

Source: The Detroit News

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