Automakers

Mercedes migrates to more expensive chips to plug shortage

Daimler Kallenius
Daimler's Kallenius said the shortage is mostly for the simplest parts such as the chip that locks and unlocks a car door. (Krisztian Bocsi/Bloomberg)
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By:
Bloomberg
October 23, 2021 09:47 AM

For Daimler CEO Ola Kallenius, one of the lessons of the global chip shortage is that it's time for an upgrade.

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