Daimler AG said early-year growth for its main Mercedes-Benz division will be erased by the global semiconductor shortage that the luxury-car maker expects to put a damper on the second half.
Mercedes car sales are now expected to be roughly flat this year rather than up significantly from 2020. The lack of chips will have an adverse impact on the business as the year progresses and visibility on how supply will develop is low, Daimler said Wednesday.
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July 21, 2021 at 12:22PM
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Daimler Slashes Car-Sales Outlook as Chips Erase Mercedes Growth - Bloomberg
"chips" - Google News
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