Sweden’s Volvo Group orders and deliveries for heavy-duty trucks in North America rose in Q3, but shortages of microchips and other components caused about two weeks of downtime and will continue to hold down and likely interrupt production for the near future.
“We have been restrictive with our order slotting due to our already large order books and long delivery times,” Volvo AB President and CEO Martin Lundstedt said. Backlogs of unbuilt equipment reach into the second half of 2022 for trucks...