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Automakers

Mercedes sees sales stabilizing by year-end despite chip turmoil

Mercedes S-Class at dealer
While the chip crunch has disrupted production, it has also led automakers to prioritize their most profitable cars, helping to bolster Mercedes's margins to levels not seen in years. (Bloomberg)
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By:
Bloomberg
September 15, 2021 07:54 AM

Daimler's Mercedes-Benz division expects sales to stabilize in the fourth quarter and still aims to generate double-digit returns this year despite disruptions from the global semiconductor shortage.

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