volvo job cuts


Volvo to cut 4,000 jobs worldwide

Times are tough for Sweden's safest automaker. Ford-owned Volvo has seen its sales decline by alarming amounts so far this year. In fact, in last month's By The Numbers post, the automaker's 51.8% drop in U.S. sales trailed only HUMMER's stratospheric plunge. Fewer cars produced means fewer workers are needed, and with numbers like that, it's no wonder that Volvo needs to cut the rank and file a bit. Volvo announced today that 4,000 jobs worldwide will be cut. That figure includes some 2,230 employees at Volvo Car Corporation in Gothenburg, ... Read more →

Volvo to shed 900 jobs in Sweden Jeremy Korzeniewski

Amidst constant rumors of a sale of the Volvo brand, and the constant denials from Ford, the brand has seen some massive sales declines, both in Europe and in the United States. Even if Ford does ...

REPORT: Ford looking to offload Volvo on Chinese, cutting 2,000 jobs Damon Lavrinc

Ford might be looking to sell Volvo to a Chinese company according to a report by Dagens Industri and followed up by Automotive News. Sources are saying that Shanghai Automotive Industry Corp. may be ...

Volvo to cut 4,000 jobs worldwide 1 year ago on Autoblog

Times are tough for Sweden's safest automaker. Ford-owned Volvo has seen its sales decline by alarming amounts so far this year. In fact, in last month's By The Numbers post, the automaker's 51.8% drop in U.S. sales trailed only HUMMER's stratospheric plunge. Fewer cars produced means fewer workers ...

Volvo to shed 900 jobs in Sweden 1 year ago on Autoblog

Amidst constant rumors of a sale of the Volvo brand, and the constant denials from Ford, the brand has seen some massive sales declines, both in Europe and in the United States. Even if Ford does choose to keep the brand, which does seem likely at the moment, fewer cars to sell means fewer workers ...

REPORT: Ford looking to offload Volvo on Chinese, cutting 2,000 jobs 1 year ago on Autoblog

Ford might be looking to sell Volvo to a Chinese company according to a report by Dagens Industri and followed up by Automotive News. Sources are saying that Shanghai Automotive Industry Corp. may be one of the potential suitors, while a Russian investor has also expressed interest in Ford's Swedish ...






Autoblog Podcast #154: Gobbling up the News

Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.

 
 

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