Volvo Cars is facing supply chain issues from factories in Mexico, according to CEO Hakan Samuelsson.
Samuelsson said supplier issues in Mexico and lower demand for its S60 sedans were partly to blame for the Ridgeville, South Carolina, plant being idle since June 3.
“First is the disturbances in the supply of parts from Mexico. But it is also a supply-and-demand issue for the S60. There is definitely a market trend toward SUVs,” Samuelsson said Tuesday in Automotive News Europe.
Volvo’s...
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