Daimler sales rise in Q2 despite chip shortage

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The Daimler group, composed of Mercedes-Benz cars, vans, and Daimler trucks, said that it has performed strongly in the second quarter of 2021 despite the semiconductor shortage. 

The company's unit sales increased by 36 percent to 736,400 passenger cars and commercial vehicles, and the company has also raked in revenues of €43.5 billion. 

“We achieved a strong performance across all divisions in the second quarter. At Mercedes-Benz Cars and Vans, we posted double-digit margins for the third quarter in a row and thus demonstrated the resilience of our business, despite the persistently low availability of semiconductors," Daimler and Mercedes-Benz Chairman of the Board of Management Ola Källenius explained.

"The entire industry is currently struggling with longer delivery times, which unfortunately also affect our customers. We are doing what we can to minimize the impact. Given the high demand for our vehicles, delivery to our customers has top priority,” Källenius assured. 

Along with other carmakers, Daimler cut back production this year because of a chip shortage amid the COVID-19 pandemic. Despite the sales rise, the German vehicle manufacturer still suspected that the chip shortage will dent car sales for the rest of 2021, and may extend into 2022

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Photos from Daimler

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