Automakers

Mercedes' quarterly sales decline 16% as supply-chain woes continue

Mercedes showroom
(BLOOMBERG)
B
By:
Bloomberg
July 11, 2022 02:21 PM

Mercedes-Benz sold 16 percent fewer cars during the second quarter as COVID-19-related lockdowns in China and a prolonged shortage of semiconductors continued to weigh on production.

Staying current is easy with newsletters delivered straight to your inbox.