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Daimler says despite chip shortage, 2021 off to good start

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Daimler AG said on Wednesday that despite a global shortage of semiconductor chips, the German carmaker has got off to a good start in 2021 and ...

Daimler AG said on Wednesday that despite a global shortage of semiconductor chips, the German carmaker has got off to a good start in 2021 and still expects this to be a significantly better year for sales and profits than 2020.

FILE PHOTO: The Daimler logo is seen before the carmaker's annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke/File PhotoLONDON: Daimler AG said on Wednesday that despite a global shortage of semiconductor chips, the German carmaker has got off to a good start in 2021 and still expects this to be a significantly better year for sales and profits than 2020.

The carmaker said the planned listing of its truck making unit is being prepared and should be completed by the end of 2021.

 

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