South Carolina’s automakers are building cars as fast as possible, but computer chip shortages and other supply chain issues have limited the number of vehicles making their way to U.S. dealerships and, ultimately, buyers’ driveways.
Volvo Cars, which builds the S60 sedan at its $1.2 billion manufacturing campus in Ridgeville, said it sold 8,434 cars to U.S. customers in June — a 31.2 percent decline in sales from last year. Sales are down 20.7 percent during the first half of 2022.
“Demand for our cars remains strong but inventory challenges continue,” Anders Gustafsson, president and CEO of Volvo Cars USA, said in a written statement.
South Carolina’s automakers are building cars as fast as possible, but computer chip shortages and other supply chain issues have limited the number of vehicles making their way to U.S. dealerships and, ultimately, buyers’ driveways. https://t.co/UZwxLzUeOW
— The Post and Courier (@postandcourier) July 6, 2022