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Volvo Falls After Outlining Truck Output Cut On Lower Demand
Volvo AB’s fourth-quarter report beat estimates on the back of pent-up demand and managing cost inflation as well as supply-chain disruptions.
01 Feb 2024, 10:17 PM IST 
Electric trucks parked outside the Volvo AB Trucks Tuve plant in Gothenburg, Sweden, on Thursday, May 4, 2023. Volvo are due to release their latest earnings on Wednesday, July 19, 2023.
(Bloomberg) -- Volvo AB declined after saying the truckmaker will gradually reduce production to move in line with normalizing demand following years of supply-chain disruptions that left manufacturers with record order banks.
