Geely's Volvo says to hire 1,200 new staff

Newswire

STOCKHOLM, March 29 (Reuters) - Volvo Cars, owned by China's Geely, said on Tuesday it planned to hire 1,200 new employees in Sweden and Belgium as it invests to meet new global demand. Volvo Chief Executive Stefan Jacoby said the carmaker expected to sell "significantly more cars in 2011" compared with the previous year and that it had seen good demand in the past month in the United States, Europe and also China. Demand in Japan also remained surprisingly strong, he said. "We are ...

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