The sad sad story about Volvo

Just a few weeks ago the Swedish car company Volvo, let go of 900 workers, and now they are planing to let go of 1000 more, due to the financial problems they are in. They also plan to cut the number of vehicles they planned to produce this year, from 300 000, to half, 150 000. The biggest mistake they made this year, the one that really set them back, was that they planned to sell more cars in the USA, so they made a fairly big quantity of cars that they planned to sell, but it turned out to be a thing they regret, because so far they have lost about 250 million $. A lot of money to loose in just one half of the year. From the Volvo office they say that this might be the end of their story. I wish them good luck, dude they have crazy good cars :(






The Volvo official web site here

More info about Volvo here

Nemo