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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