The sales of Swedish automaker, Volvo Car Group, fell by 18.1% in December amidst concerns for global semi-conductor shortages and supply-chain disruption, reported.
The global vehicle sales fall to 64,436 cars in December, with sales in Europe dropping to 15.1%, and sales in the USA falling to 26.7%.
The sales of Swedish automaker, Volvo Car Group, fell by 18.1% in December amidst concerns for global semi-conductor shortages and supply-chain disruption, reported.
In November last year, the company, which is owned by China바카라™s Geely Holding, had warned that the chip shortage will continue in 2022.
The global vehicle sales fall to 64,436 cars in December, with sales in Europe dropping to 15.1%, and sales in the USA falling to 26.7%.
Last year, the company's sales grew by 5.6% to 6,98,693 cars, of which 27% were Recharge models with a fully electric or plug-in hybrid power train. The company is due to post its Q4 earnings on February 11.
The company, which got listed on Nasdaq Stockholm in October last year, witnessed Europe바카라™s biggest IPO of the year.