Volvo Vehicles mentioned chip constraints were step by step strengthening right after the automaker posted a fall in quarterly revenue irrespective of potent car or truck demand from customers. Very first-quarter functioning revenue fell to 6 billion crowns ($607.4 million) from 8.4 billion a year in the past, the enterprise […]

Team 1 Automotive Inc. explained Wednesday that to start with-quarter net profits just about doubled and earnings soared as dealerships the retailer obtained previous year outperformed anticipations. The Houston-based mostly dealership team said earnings in the quarter finished March 31 rose 30 % to $3.84 billion, led by development from […]