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.
Deliveries in China, the world’s largest car market, declined 25 percent, while sales in Europe fell 10 percent and North America saw a dip of 3 percent in the quarter, the automaker said in a statement Monday.
“We are making every effort to fulfill customer expectations, despite the current supply restrictions,” said Britta Seeger, the brand’s marketing and sales boss.