Volvo will close its plant in Sweden in 2013

Posted on Tuesday, 4 October 2011 , 06:10:31 byEmil

Filed under volvosewedenuddevalla-planteuropeanc70VolvoEuropeanConvertibles

Volvo will close its plant in Sweden in 2013

Starting 2013 Volvo's plant in Sweden, Uddevalla will stop working once it takes sole ownership of the factory. This decision was taken after analyzing the volumes and because they are very low, there is no reason for continuing the production.
The factory in Sweden is run by Volvo and Pininfarina as they've signed an agreement back in 2005 for the production of the C70 hardtop-convertible. Last year managed to reach the production level to 10.000 units that represent 65% of its full capacity. The 600 employees working here will get jobs at other Volvo facilities. Even though the quality of the models created in Uddevalla plant is high, because of the financial issues there is nothing to do, but close it.
This March, the two carmakers agreed to close their collaboration in 2013, Volvo becoming the sole owner of the plant.