Volvo Cars has made a great announcement for the Swedish economy – the carmaker owned by China’s Geely intends to hire 1,300 more workers to boost production output at its Torslanda, Gothenburg factory.
The move has been prompted by increased customer demand for the automaker’s products, and also the company’s need to cater for the production start of the recently introduced XC90 SUV flagship. The plant would receive an additional – third – production shift in the first quarter of 2015.
The move to add the new positions follows the recent opening of Torslanda’s new body shop, which lifted the facility’s total output to 300,000 cars annually. The 1,300 new jobs mean the plant’s total workforce is set to increase by 40%, to a total of 4,600 people. The assembly facility has also celebrated 50 years of car production, and at the moment builds the make’s S60, S80, V60, V70, XC70 and XC90 models.
The new XC90 SUV is the first model to be built on the brand’s new in-house developed Scalable Product Architecture (SPA), set to become the base of all new Volvo products from now on. Both the SPA platform and the production expansion at Torslanda are part of the carmaker’s $11 billion investment program in new products and increased capacity.