Sweden’s Volvo Trucks delivered 60,000 new trucks in Q4, but the combination of messy supply chains, semiconductor shortages and COVID impacts constricted the number of new orders the manufacturer could add to its backlog.
Q4 net sales increased by 6% to Swedish krona (SEK) 102.4 billion, or about $10.9 billion, compared to SEK 96.9 billion, or about $10.3 billion a year earlier. Adjusted for currency movements and divesting UD Trucks — sold to Isuzu for about $2 billion in April 2021 — the...
https://www.freightwaves.com/news/q4-deliveries-rise-but-orders-constricted-at-volvo-trucks