Daimler Truck, soon to be freed from Daimler AG (OTC: DDAIF), reported improved sales and profits in the first quarter after enduring the beginning of the pandemic-induced shutdown of manufacturing a year ago.
The global shortage of semiconductor components used throughout vehicles could impact sales in the current quarter. But Daimler didn’t offer specifics. In North America, Daimler Trucks has protected larger, more profitable truck production by taking rolling downtime at medium-duty plants...