On March 18, Geely Holding Group's < a target = "_ blank" href=" https://news.163.com/news/search?keyword=%E6%B2%83%E5%B0%94%E6%B2%83 "> Volvo < / a > < a target ="_ blank" href=" https://news.163.com/news/search?keyword=%E6%B1%BD%E8%BD%A6 "> car < / a > (< a target ="_ blank" href=" https://news.163.com/news/search?keyword=Volvo "> Volvo < / a > cars) said on Wednesday that due to global semiconductor < a target ="_ blank" href=" https://news.163.com/news/search?keyword=%E8%8A%AF%E7%89%87 "> chip < / a > shortage, the company will suspend or adjust production in China and the United States in March. < / P > < p > Volvo cars said in an email statement, "we expect the situation to become severe in the second quarter, so we decided to take measures to minimize the impact on production and improve the situation through daily work." The statement also said that "Volvo will temporarily suspend or adjust production in some car factories (in the United States and China) in March." < / P > < p > the company said last month that despite the shortage of chips, its production has not been harmed so far, but the shortage of chips could pose a "significant risk" in the first quarter.

due to the market demand for consumer electronics products is rising due to COVID-19, leading to the production of automotive chips to meet the demand for consumer electronics chips, so the supply of automotive chips is tight. At present, the shortage of automobile chips is having a serious impact on the global automobile manufacturers. Among them, Volkswagen and other auto manufacturers have announced to suspend or reduce the production of their auto factories. (Tianmen Mountain) < / P > < p >