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Volvo Trucks North America has lowered its 2016 North American market forecast from 260,000 to 250,000, resulting in a decision to lay off more employees at the OEM's manufacturing plant in Dublin, Virginia. A UAW union official told Roanoke, Virginia, television station WDBJ that the company was shifting from producing 120 trucks a day to 92. "Last week, we advised employees at our New River Valley plant that we will reduce production in the early August timeframe as a step in our continued adaptation to market conditions," said Volvo Trucks North America spokesman John Mies. Comment?
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