Volvo to fire 1500

[Giannis]

article: http://www.autopress.gr/fnews/show.asp?ID=8940

well it says that Volvo is going to fire 1500 people. About 1000 in Sweden and 500 in Belgium (assembly plant and offices) for cost reasons.

I hope that Volvo is doing well and will not last or get like GM or FIAT...