Volvo Books US$134-Million Charge for Truck Warranty Claims

摘要

Volvo Group announced July 1 that it booked an additional SEK900 million (US$134 million) in warranty reserves for “legacy product-quality issues resolved in current truck production.” Asked for more details, Volvo Spokesperson Kina Wileke told Hart Energy on July 2 that the company isn’t revealing details about specific warranty issues or specifying which trucks in which markets are being hit by the claims.