Volvo chalks up record sales and electrification gains

Volvo Penta image

Even with all-time high revenues and profits, the Volvo Group still fell slightly short of analysts expectations for the fourth quarter while CEO Lundstedt warned of ongoing supply chain issues

Volvo Group CEO and President Martin Lundstedt highlighted the strong performance and accelerated transformation towards electrification and net zero emissions in today’s presentation of fourth quarter and end-of-year results….

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