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Want to cut $200 million in cost to Volvo or lay off thousands

Want to cut $200 million in cost to Volvo or lay off thousands of diesel generators | Diesel generator prices / 2013-02-23

According to China Economic News, the days after the Swedish luxury brand Volvo was acquired by Geely were not as well imagined. On February 21, foreign media reported that due to the continued downturn in the Chinese market, Volvo plans to cut costs by 200 million U.S. dollars during the year to reach a balance of payments, including about 1,000 layoffs.
In 2010, Geely invested 1.8 billion U.S. dollars to bring Volvo cars under its command. This move did not make Volvo worse off. On Wednesday, Volvo’s CEO Hakan Samuelson admitted in an interview with foreign media that, unlike the previous layoffs involving only frontline workers, the layoffs will involve Volvo’s middle managers.
Not long ago, Hakan Samuelson once said that Volvo, the troubled one, will implement a fairly large-scale comprehensive cost-cutting measure in the next two years, aiming to move away from the sluggish auto industry in Europe and ensure that Its share of the market.
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CNC Turning

CNC Turning is namely Lathe machining, Lathe machining is a portion of mechanical processing.

Lathe machining is always a process that turning tools doing turning machining to a rotary workpiece. On CNC lathes, the operators or the engineers also can use drills, reamers, screw taps, threading dies and knurling tools to make relative machining work. CNC turning is usually applied to machining shafts, plates, bushings and all other workpieces which have rotary surfaces, it is a very widely application in practical mechanical manufacturing.

CNC turning can be divided into rough turning and finish turning, rough turning is for the purpose of machining with big cutting depth and big feed rate, to improve the machining efficiency. However, the precision of rough turning can only be grade IT11, the surface finish can only be Ra 20-10um. On the contrary, semi-finish machining and finish machining usually can only apply high speed but small feeding rate and cutting depth. In this condition, the machining accuracy can be up to grade IT10-7, the roughness can be Ra10-0.6um.

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