Mercedes-Benz customers waiting more than a year for cars due to chip shortage - CEO in FAZ

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

BERLIN : Mercedes-Benz customers are facing waiting times of more than a year for their orders because of interruptions to production caused by chip shortages, Daimler Chief Executive Ola Kallenius told a German newspaper in an interview on Friday.'Demand is huge at Mercedes-Benz and at the same time ther

BERLIN : Mercedes-Benz customers are facing waiting times of more than a year for their orders because of interruptions to production caused by chip shortages, Daimler Chief Executive Ola Kallenius told a German newspaper in an interview on Friday.

"Demand is huge at Mercedes-Benz and at the same time there are unfortunately severe limitations," he told Frankfurter Allgemeine Zeitung."For some models the waiting times are longer than we would like, in some cases over a year." Kaellenius repeated a previous forecast that the troubles with chip supply plaguing automakers worldwide would continue into 2023, as structural problems as well as pandemic-induced lockdowns in key supplier countries persist.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Intel, Apple to be among attendees of White House meeting on chip shortageIntel Corp Chief Executive Pat Gelsinger plans to attend a virtual White House meeting on the global chip shortage, along with representatives from companies including Apple, Microsoft, Samsung Electronics, GM, Ford and Stellantis, people familiar with the matter said. The meeting will be hosted by Secreta
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Tesla's Musk says new chip plants should make shortage short termTURIN : Tesla Inc CEO Elon Musk said on Friday that thanks to new semiconductor plants that are planned or under construction, the global chip shortage that has pummelled the car industry this year should be short term in nature. 'There's a lot of chip fabrication plants that are being built,' Musk said d Learn the truth about the vaccines m. It’s all on my Twitter page. ⚡️
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Food delivery platforms to pilot model that does not charge hawkers commission, onboarding feesSINGAPORE — By the end of the year, customers of food delivery platforms could have access to more hawker stalls under a common acquirer model piloted by online ordering platforms.
Source: TODAYonline - 🏆 1. / 99 Read more »

Samsung in talks with Tesla to make next-gen self-driving chips -Korea Economic DailySEOUL : Samsung Electronics is in talks with Tesla to make Tesla's next-generation self-driving chips based on Samsung's 7-nanometre chip production process, a South Korean newspaper reported on Thursday. Since the beginning of this year, Tesla and Samsung have discussed chip design multiple times and exc
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Why the world is short of computer chips, and why it mattersCarmakers slashed production. PlayStations got harder to find in stores. Broadband providers faced months-long delays for internet routers. All of these phenomena and more had a similar cause: an abrupt and cascading shortage of semiconductors. Also known as integrated circuits or more commonly just chips, I beg to differ. US government interference in the semiconductor and chip production industry is the only driving force that caused the current bottleneck. Other factors as mentioned in the article are merely the consequences of it.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

White House seeks to address semiconductor chips crisis harming automakersWASHINGTON : The White House will discuss ways to overcome a semiconductor chip supply crisis that is cutting auto production around the world in a new round of meetings with major companies on Thursday.Commerce Secretary Gina Raimondo and White House National Economic Council director will host companies
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »