Volvo Cars today announces it will replace its current paint shop at its Torslanda car manufacturing plant with a new one, which will result in an expected reduction of paint shop energy consumption and emissions by at least one third.
Volvo Cars, the premium car maker, is updating its business model to a changing world and believes the car industry as a whole needs do to the same, its president and chief executive Håkan Samuelsson will announce today at the bi-annual meeting of the UN Global Compact Nordic Network in Gothenburg.
Volvo Car Group's future as a strong, independent car maker based in Sweden is now being reinforced with a multi-billion dollar investment in SPA (Scalable Product Architecture) and VEA (Volvo Engine Architecture). The main part of the two projects will be carried out in Sweden, constituting one of Sweden's largest ever industrial investments.
Volvo Cars will add a third working shift in its Torslanda, Gothenburg plant to meet the increasing customer demand for the company’s new cars. The expansion, planned for the first quarter of 2015, will be made in connection with the start of production for the all-new Volvo XC90 SUV. Adding the third shift means the company will create approximately 1,300 new jobs and follows the opening of an en...