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- TngTng
  ·2021-06-17
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  Chip shortage prompts Volvo Cars to halt Belgian output for a week
  STOCKHOLM (Reuters) - Volvo Cars, owned by China's Geely Holding, will halt production at its Belgia
  Chip shortage prompts Volvo Cars to halt Belgian output for a week
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Volvo Cars, owned by China's Geely Holding, will halt production at its Belgia","content":"<p>STOCKHOLM (Reuters) - Volvo Cars, owned by China's Geely Holding, will halt production at its Belgian plant in Ghent over next week, it said on Thursday, citing a global shortage of semiconductor chips.</p>\n<p>The chip shortage has hit automakers globally and stems from a confluence of factors as carmakers compete with the consumer electronics industry for supplies.</p>\n<p>\"We have taken the decision to stop production in Ghent during week 25 as a consequence of the chip shortage,\" Volvo Cars said in an emailed statement.</p>\n<p>\"This was a proactive decision to stabilise the situation and we plan to resume production on Monday June 28,\" it said, adding that all its global plants were running on Thursday.</p>\n<p>Volvo Cars said in March that it had stopped or adjusted production in China and the United States for parts of that month.</p>\n<p>The Swedish company, which increased global sales for the January to May period by 49.9% year on year, is considering listing on the Nasdaq Stockholm stock exchange this year.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chip shortage prompts Volvo Cars to halt Belgian output for a week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChip shortage prompts Volvo Cars to halt Belgian output for a week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 17:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18570627><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>STOCKHOLM (Reuters) - Volvo Cars, owned by China's Geely Holding, will halt production at its Belgian plant in Ghent over next week, it said on Thursday, citing a global shortage of semiconductor ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18570627\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"0HTP.UK":"沃尔沃B类股"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18570627","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144481627","content_text":"STOCKHOLM (Reuters) - Volvo Cars, owned by China's Geely Holding, will halt production at its Belgian plant in Ghent over next week, it said on Thursday, citing a global shortage of semiconductor chips.\nThe chip shortage has hit automakers globally and stems from a confluence of factors as carmakers compete with the consumer electronics industry for supplies.\n\"We have taken the decision to stop production in Ghent during week 25 as a consequence of the chip shortage,\" Volvo Cars said in an emailed statement.\n\"This was a proactive decision to stabilise the situation and we plan to resume production on Monday June 28,\" it said, adding that all its global plants were running on Thursday.\nVolvo Cars said in March that it had stopped or adjusted production in China and the United States for parts of that month.\nThe Swedish company, which increased global sales for the January to May period by 49.9% year on year, is considering listing on the Nasdaq Stockholm stock exchange this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":63,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}