When the dust settles on 2010, Volvo anticipates global sales of about 380,000 units. That's probably less than Volvo executives (and the new owners at Zhejiang Geely) were hoping for, but a global slump in auto sales is at least partly to blame. Fortunately, many industry analysts are expecting increased demand for autos in 2011, and Volvo apparently feels that the growing appetite for new vehicles will result in more customers at the local Volvo dealer.
Bloomberg reports that the Swedish automaker is hiring an additional 200 workers to increase capacity at the company's Gothenburg plant. The move will help Volvo increase production from 48 vehicles per hour to 52. That doesn't sound like a huge bump, but over the course of 365, days four vehicles per hour adds up to thousands of additional vehicles. Volvo will reportedly begin hiring soon, with hopes of filling all 200 positions by March.
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