Volvo also suspends production for two reasons

Due to a shortage of semiconductor products, which are actively used in new cars, as well as new outbreaks of coronavirus infection, automaker Volvo Cars is forced to suspend work at its plant in Torslanda, on the outskirts of Gothenburg.

This was announced today by a representative of Volvo Cars, which belongs to the Chinese Geely Holding. He added that the forced break in the production of models will last at least from August 30 to September 3, that is, next week.

Due to the current material shortage situation caused by a combination of global semiconductor shortages and new COVID-19 outbreaks, Volvo Cars has decided to suspend production in Torslanda for a week from 30 August to 3 September.

Volvo

Volvo also suspends production for two reasons

The company added that production is scheduled to resume on Sunday 5 September. The source adds that just two weeks ago Volvo Cars similarly suspended production at its Gothenburg plant.

Volvo Cars, which last month reported a return to first-half profit due to rising demand for electric vehicles, is considering listing on the Nasdaq Stockholm Stock Exchange this year.

Earlier it was reported that the domestic car manufacturer AvtoVAZ is suspending car production in Togliatti this week due to a shortage of Bosch electronic components.

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