Subscribers

Volvo warns of lingering chip woes after narrow profit miss

Truck maker unable to fully capitalise on strong demand due to global shortage of semiconductors

Stockholm

SWEDEN'S AB Volvo warned on Tuesday of further production disruptions and stoppages this year after chip shortages prevented the truck maker from fully capitalising on strong demand for its vehicles in the second quarter.

Operating profit at the maker of trucks, construction equipment, buses...

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes