Volvo to hire up to 500 workers

Swedish car manufacturer Volvo might hire as many as 500 new workers next year, according to newspaper Dagens Industri.

CEO Stefan Jacoby told the newspaper that the company will need to hire both factory workers and administrative staff to meet the increasing demand from consumers.

Truck manufacturer Scania, has also signalled that they are looking to hire as many as 300 people in 2011.