Volvo

Volvo Cars saw its August sales decline by 4.6% year-on-year to 43,666 vehicles as the worldwide semiconductor shortage and other disruptions continue, the automaker said. Demand remained good, but the parts …

Volvo Car Group is set to invest 1.2 billion euros ($1.25 billion) for building an electric vehicle (EV) plant in Slovakia, the automaker said. The site will bolster its standing …

Volvo Cars’ monthly sales declined 24.8% in April from a year earlier due to lockdowns in China and disruption in the global supply chain. The automaker said that demand remained …

Volvo Cars said on Thursday posted profits above forecasts and said that demand for its products continues to be strong while chip constraints were gradually improving. The ongoing shortage of …

Volvo Cars reported sales of 58,667 cars in March, a drop of 22.1 percent compared with the same month in 2021. During the first quarter, the number of cars sold …

Volvo Car Group’s sales declined 20.2% in January due to the global component shortage. Nevertheless, the demand for automaker’s products remained strong. Volvo warned last year that the chip shortage …

Volvo Cars saw their sales decline 18.1% in December due to global component shortage, the automaker said on Wednesday. Volvo has said before that the chip shortage crisis would continue …

Volvo Car Group’s monthly sales declined 30.2% from a year ago in September, affected by the global chip shortage, the automaker said on Monday. The automaker warned last month that …

Volvo Car Group cautioned on Friday that sales volumes in the second half of 2021 could decline year-on-year after it was forced to reduce production because of chip shortage. The …

Volvo Cars will halt production at its Swedish plant in Torslanda by next week due to the continued shortage of semiconductor chips. “Due to the current material shortage situation, caused …