In Q3 of this year Volvo Cars faced higher battery material, semiconductor and logistics costs but still managed to increase production and boost sales of its electric vehicle range
Volvo said unforeseen factors such as power outages and Covid-related lockdowns in China slowed down the faster pace of recovery in production that it was expecting, but provided there were no further major supply chain disturbances, it expects to continue its improving production run into Q4 and the new year.
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Daihatsu has shut down all production in Japan and halted the domestic and export shipment of vehicles following an investigation into safety procedure irregularities
Tesla’s refusal in October to sign a collective agreement for repair centre mechanics has resulted in strike action taking place across the country
Stellantis production in North America was hit by a cyberattack against its parts supplier Yanfeng International Automotive Technology last week.
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