Volvo Car Corporation will take complete ownership of Pininfarina Sveige AB over the next two years. When the process is complete, the Swedish automaker will halt production of their C70 hardtop convertible at the Uddevalla manufacturing facility. This decision was made with the company's best interest in mind. Volvo is already pondering the window they'll crack as soon as the plant's doors close.

"The low volumes in the Uddevalla plant do not justify continued production," explains Stefan Jacoby, President and CEO, Volvo. "We will now look into when a next-generation Volvo convertible can be on the market and where it should be manufactured."¹ Jacoby went on to justify the decision by explaining just how the Uddevalla plant is only utilized to 65% of its maximum capacity.

While the fate of the Volvo C70 hardtop convertible remains up in the air, it is very comforting  for all Volvo fans who prefer the convertible style, as the company is already beginning to look toward future production models. 2013 is, after all, still two years away, giving them plenty of time to make an new plan.

Convertible aside, what will happen to the 600 employees, currently working at the Uddevalla facility? Jacoby indicates he is hoping that all of the workers currently employed in this facility will opt to join the Volvo team in Gothenburg or other locals throughout Sweden.

Are you interested in more Volvo news? Stay tuned. Volvo Of Lisle located at 4375 LINCOLN Ave, Lisle, IL, is dedicated to keeping you informed. Always remember, you can stay atop of all the new 2012 Volvo models arriving on our showroom floors, by checking out our always-up-to-date new Volvo inventory page.

Source: ¹https://www.media.volvocars.com/global/enhanced/en-gb/Media/Preview.aspx?mediaid=40471