Semiconductor Shortages Not Over Yet, Daimler Warns In Q2 Earnings Report
Daimler Truck grew second-quarter sales by 92% over the pandemic-impacted year-ago quarter but warned that a shortage of semiconductors could persist for the rest of the year, limiting growth as the Daimler AG unit prepares to become a stand-alone company.
But Daimler Truck CEO Martin Daum was upbeat about both the quarter and the outlook for the rest of the year.