Article about Volvo

Published 1 year, 9 months ago

Cars Volvo Published by J. Doe

Volvo Cars reopens Torslanda manufacturing plant and offices in Sweden

Volvo Cars is restarting production at its Torslanda plant in Sweden on Monday (20 April), following a short period of downtime related to the coronavirus pandemic.

The company, which has taken the decision to reopen following a dialogue with relevant labour unions, will also welcome back office workers to its Swedish offices on Monday.

Volvo Car Group in 2019

For the 2019 financial year, Volvo Car Group recorded an operating profit of 14.3 BSEK (14.2 BSEK in 2018). For the full year 2019, global sales reached a record 705,452 (642,253) cars, an increase of 9.8 per cent versus 2018. The results underline the comprehensive transformation of Volvo Cars’ finances and operations in recent years, positioning the company for its next growth phase.

About Volvo Car Group

Volvo Cars was founded in 1927. Volvo Cars has been under the ownership of the Zhejiang Geely Holding since 2010.

Original article

Apr 17, 2020 at 13:08