Article about Volvo

Published 4 months, 3 weeks ago

Cars Volvo Published by J. Doe

Volvo Cars reports sales of 45,786 cars in August, sees weaker second half 2021

Volvo Cars reported global sales of 45,786 cars in August, down 10.6 per cent compared with the same period last year. Overall underlying demand in the car industry and for Volvo Cars’ products remained very robust.

These material shortages have led to temporary production halts at Volvo Cars’ facilities in Sweden, Belgium, China and the US, with reduced production volumes as a result.

Volvo Cars continues to monitor the situation and currently expects that, for the second half of 2021, it will be challenging to achieve the volume levels achieved during the same period 2020.

Original article

Sep 04, 2021 at 06:12