Press Release
Date of issue   Oct 15, 2012 | ID: 46338

Volvo Car Corporation announces temporary stand-still at the Torslanda plant

 

Volvo Car Corporation has decided to temporarily stop production in the Torslanda plant during week 44, from October 29 to November 2. The measure is taken based on a continued decline of the automotive market, primarily in Europe. Therefore a further adjustment to Volvo Car Corporation's manufacturing operation is necessary.

 

The decision to temporarily stop production means that the Torslanda plant employees will be on leave with pay through a combination of utilising time banks and leave of absence.

 

"Europe is the main market for Volvo Car Corporation and the continued recession is naturally affecting the demand for our cars. Against this background, it is essential for us to continue to use the built-in flexibility we have within our manufacturing system," says Jan Gurander, CFO and acting President & CEO of Volvo Car Corporation.

 

The temporary production stop is in addition to an earlier decision to reduce the production pace in the Torslanda plant from 57 cars to 50 cars per hour. That change came into effect on October 1.

 

There are no plans for changes to the permanent work force at the Torslanda plant.

Media Contacts

 

Per-Åke Fröberg

Director Volvo Cars Heritage

Volvo Car Group

 

Phone: +46 31 3257654

Mobile: +46 31 3257654

per-ake.froberg@volvocars.com

 

   

Volvo Car Group

PVH50, 50200

SE-405 31 Göteborg

Sweden

Phone: +46 31 59 65 25

Fax: +46 31 54 40 64

https://www.media.volvocars.com/

 

Registered Office
Göteborg, Sweden
Registration No.
556074-3089

Descriptions and facts in this press material relate to Volvo Car Group's international car range. Described features might be optional. Vehicle specifications may vary from one country to another and may be altered without prior notification.