Daimler Truck order bank overflowing but production stymied

Daimler Truck is awash in orders it cannot fill for new trucks because of a shortage of semiconductors and other hard-to-get parts and components.

In its last quarter as part of the Daimler AG (OTC: DDAIF) group that includes Mercedes-Benz cars and vans, the Truck and Bus Group reported considerably lower production and sales due to the ongoing semi shortage, according to Jochen Goetz, CFO of Daimler Truck & Bus.

Like its major global competitors that reported Q3 results earlier, Daimler has a...

https://www.freightwaves.com/news/daimler-truck-order-bank-overflowing-but-production-stymied

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