Geely's Volvo Cars warns on sales as supply woes dent output - NewsBreak

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By Shannon in Business
Updated 3 years ago

STOCKHOLM (Reuters) - Sweden-based automaker Volvo Car Group warned on Friday that sales volumes in the second half of 2021 could fall year-on-year after it was forced to cut production due to material shortages. The carmaker, owned by China's Geely Holding, said sales fell 10.6% from a year ago in...

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