Volvo Group sets Q4 delivery record as supply chain issues linger

Capt. John

Sweden’s Volvo Group reported record fourth-quarter truck deliveries of 62,800 trucks but said ongoing supply chain issues and higher energy costs forced it to throttle back order intake.

The mixed report countered a generally positive outlook from competitor Paccar Inc., which reported a record market share for its European DAF Trucks unit on Tuesday.

Volvo Group is the parent of Volvo Trucks North America (VTNA) and Mack Trucks. It reported net Q4 sales rose 31% to 134.3 billion Swedish Crowns...

https://www.freightwaves.com/news/volvo-group-sets-q4-delivery-record-as-supply-chain-issues-linger

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