HELSINKI – of Sweden Volvo The Swedish carmaker said August sales fell 4.6% year-on-year to 43,666 vehicles as global semiconductor shortages and other disruptions continue to affect deliveries. , the Swedish carmaker said in a statement.
Demand remains good, but component shortages as well as power cuts and COVID-19 outbreak in China The company said output was disrupted.
Volvo Cars on Thursday said it will temporarily close its factory in the Chinese city of Chengdu due to local coronavirus restrictions, and its second facility has also been affected by recent closures. .
The company’s shares traded down 0.7% at 0737 GMT, lagging a 1% gain in the Stockholm benchmark index.
(Reported by Essi Lehto, edited by Terje Solsvik)
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