WORLD Chip shortage forces Volvo Cars to pause production in Sweden

WORLD

Chip shortage forces Volvo Cars to pause production in Sweden

Xinhua

22:53, October 25, 2022

STOCKHOLM, Oct. 25 (Xinhua) -- Volvo Cars will temporarily halt production at its Gothenburg factory in Sweden from next Monday due to a shortage of semiconductors, the company was quoted by local media as saying on Tuesday.

Production will be stopped for at least a week, Goteborgs-Posten newspaper reported.

The supply problems have lingered since they first emerged as a consequence of the COVID-19 pandemic, Volvo Cars spokesperson Merhawit Habte told the newspaper. "We are continuously monitoring the situation."

Volvo Cars said that it will strive to recuperate the lost production once the problem is solved.

The company, acquired by Chinese automaker Geely in 2010, had approximately 41,000 full-time employees as of December 2021. Its production plants are located in Gothenburg and Ghent in Belgium, South Carolina in the United States, and Chengdu, Daqing and Taizhou in China.


Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue