Volvo Cars Beats Profit Expectations as Strong Demand Persists

Sumber: Reuters | Editor: Anastasia Lilin Yuliantina

KONTAN.CO.ID - STOCKHOLM. Automaker Volvo Cars said on Thursday that demand for its products remained strong while chip constraints were gradually improving, after posting profits above forecasts.

A global shortage of semiconductors has forced the Gothenburg-based carmaker and global peers to cut vehicle output despite robust demand.