Martin Daum, chief govt of Daimler AG’s truck enterprise, says provides of vital chips have additional strengthened in current weeks. This affected manufacturing in Germany and the United States.
see imagesDaimler Truck Holding AG to be spun off from Daimler later this yr
Daimler AG’s truck enterprise, the world’s largest, has tightened provides of important chips in current weeks, the division’s chief govt stated in a Frankfurter Allgemeine Sonntagszeitung report. “Since the summer months the situation has intensified again,” Martin Daum informed the weekly newspaper, including that manufacturing was affected in Germany and the United States. Excerpts from the interview have been made obtainable the Friday earlier than being revealed on Sunday.
Daum stated the order books have been stuffed, however the inventory went up drastically resulting from shortages from all main carmakers. “There is a significant inventory of already manufactured vehicles where there is a shortage of essential parts. Those vehicles are in great need of our customers. We want to deliver but we are waiting for parts.”
Daum stated the tightening in provide might have a serious affect on unit gross sales within the third quarter, including that there aren’t any indicators of a fast restoration and that the problem will stay with the sector for a while.
Daimler Truck Holding AG will likely be spun off from Daimler later this yr, with shareholders scheduled to vote on the transfer at a rare common assembly on October 1. Daimler, in flip, could be renamed Mercedes-Benz Group AG.
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With inputs from NDTV
