Login

Chip Shortage Forces Temporary Closure Of Volvo Cars Factory: Report

The factory will be closed for one week due to the ongoing problem with semiconductor shortages, Volvo said.
Calendar-icon

By Reuters

Calendar-icon

Published on October 28, 2022

Follow us on

google-news-icon
Story

Highlights

    Swedish automaker Volvo Cars will temporarily close one of its factories due to a chip shortage, the company told the newspaper Goteborgs-Posten on Tuesday.

    "There will be a temporary break in production," Merhawit Habte, press spokesperson at Volvo Cars told GP, adding the factory will be closed for one week. "It is the ongoing problem with semiconductor shortages."

    Volvo said last month that demand remained good, but the component shortages as well as power cuts and COVID-19 outbreaks in China interrupted output.

    Calendar-icon

    Last Updated on October 28, 2022


    Stay updated with automotive news and reviews right at your fingertips through carandbike.com's Google News

    Related Articles

    Latest News