Mercedes-Benz: Inventories remain high in the second quarter due to chip shortages
In particular, the supply of semiconductors is still very unstable.
Finance Director of Mercedes-Benz“There are quite a few cars blocked, part of which will be turned around but there will be new ones,” said Harald Wilhelm after the automaker reported first-quarter results this year. arrive”.
Workers inspect newly assembled cars at the Benz Automotive Co. Ltd, a German joint venture with Mercedes-Benz, in Beijing. (Photo: AP)
Although the company’s high-pricing strategy is partly based on product scarcity, the company could have sold more cars in the first quarter without the price being pushed down, Mr. Wilhelm said: “It’s a pity. when the situation of semiconductor shortage (lack of chips) has interfered (for production and delivery)”.
According to Mr. Wilhelm, about half of the 1 billion euros ($1.1 billion) in registered sales suffered in the first quarter due to rising raw material prices, the rest due to a number of other reasons such as energy costs. quality and logistics, the inefficiencies of stopping production and restarting production amid supply chain constraints.
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