Exro Technologies Inc T.EXRO

Volvo The company also took a major step to address supply c

[Napcoo]

The company also took a major step to address supply chain issues at Mack.

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Lundstedt said Volvo in October completed the purchase of an unnamed company that had been slow in supplying bodies-in-white for Mack. With the deal, Volvo is taking over this operation.

“Mack has been hampered by supply disturbances of cabs, which resulted in significantly lower volumes than expected,” he said. “Order books for Mack are elevated. So it is a very high priority to serve our customers on this topic. Now, this production is brought in-house. I was personally involved — together with a fantastic team during the summer — to conclude this. We took it over at the end of [Q3]. By adding resources, and leadership, output will gradually improve here.”
 

Lundstedt added that while this issue has hampered Mack for a while, he’s optimistic things will improve for the brand.

[jboom70]

Once parent company Volvo get's things sorted out and demand starts they will drop Sea in a heart beat. They won't be paying those massive margins when they don't have to, LINK

[Napcoo]

Probably right, if they've something better, they would drop sea drive or any suppliers. Sea drive was chosen for its availability and simplicity, the markup will drop if volume were up I am more concerned if the sp were manipulated to arrange a 30 cents buyout, leaving earlier investors...