AB Volvo shares fall 7% after warning chip shortage to hit output By Reuters
STOCKHOLM (Reuters) - Shares in AB Volvo fell 7% on Tuesday after the Swedish truckmaker warned of a substantial hit on production in the second quarter due to the global shortage of semiconductors. The company, which has 18 production facilities globally, was forced by the shortage to cut production at its factories in Belgium and Brazil. Deutsche Bank (DE:DBKGn) analysts...
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