Chip shortage will cost Daimler Trucks billions in revenue – Automobilwoche – Times of India

Berlin: Daimler truck head Martin Daum It is expected that the global chip shortage will reduce revenue by several billion euros this year and the problem will continue next year, automobilwoche Reported on Sunday.
The world’s largest commercial vehicle maker, which will be spun off from Daimler on December 10, has outlined a cost-cutting measure aimed at boosting profit margins as it grapples with chip shortages that could hit the entire sector. damage is being done.
Damo Said there would be a significant financial hit.
“It’s a huge amount,” Daum told Automobilwoche, adding that the company could sell fewer vehicles than the “five-digit number”.
As reported by Automobilwoche, with an average price of 100,000 euros (113,170) per vehicle, this means a loss of several billion euros in revenue.
“We also have several vehicles sitting in the factory where only one part is missing. These delivery are priority because they have already been sold,” said Dam.
He also told Automobilwoche that supply problems are likely to continue into 2022.

,