{"id":72211,"date":"2021-10-29T15:45:42","date_gmt":"2021-10-29T13:45:42","guid":{"rendered":"https:\/\/test2023.luxus-plus.com\/?p=72211"},"modified":"2021-11-02T12:02:28","modified_gmt":"2021-11-02T11:02:28","slug":"despite-chip-shortage-daimler-ag-achieves-good-third-quarter-results","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/despite-chip-shortage-daimler-ag-achieves-good-third-quarter-results\/","title":{"rendered":"Despite chip shortage, Daimler AG achieves good third quarter results"},"content":{"rendered":"<h4>Daimler AG, a global supplier of premium cars and commercial vehicles, reported\u00a0on Friday\u00a0a higher quarterly profit than in the third quarter of 2020.<\/h4>\n<h4><!--more--><\/h4>\n<p>&nbsp;<\/p>\n<p><strong>The shortage of electronic chips<\/strong>, used in cars for brake sensors and power steering, has led carmakers around the world to reduce or suspend production.\u00a0Daimler said it had &#8220;tightly controlled&#8221; costs in the third quarter by focusing on more profitable models, including its <strong>Maybach<\/strong> and <strong>AMG<\/strong> brands.<\/p>\n<p>&nbsp;<\/p>\n<p>On a year-over-year basis, the company posted a <strong>nearly 19 percent increase in net profit<\/strong> to <strong>2.57 billion euros<\/strong>, while its adjusted operating profit rose 4 percent to 3.61 billion euros.<\/p>\n<p>&nbsp;<\/p>\n<p>In the third quarter, the automaker sold only <strong>577,800 cars<\/strong>, down 25% from 2020. But the company&#8217;s revenue, meanwhile, remained stable, down slightly to 40.1 billion euros from 40.3 billion in the third quarter of 2020.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8220;<em>We are on track to achieve our full-year targets thanks to a more robust business, which is reflected in an increase in EBIT despite a challenging environment. At the same time, we made substantial progress on our strategic program: we continued the rollout of highly desirable electric vehicles (&#8230;) and obtained shareholder approval for the creation of two wholly owned companies.<\/em>&#8221; said <strong>Harald Wilhelm<\/strong>, CFO of Daimler AG.<\/p>\n<p>&nbsp;<\/p>\n<p>Read also &gt;\u00a0<a href=\"https:\/\/luxus-plus.com\/en\/shareholders-decide-on-the-demerger-of-daimler\/\">SHAREHOLDERS DECIDE ON THE DEMERGER OF DAIMLER<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Featured photo : \u00a9 Daimler AG<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Daimler AG, a global supplier of premium cars and commercial vehicles, reported\u00a0on Friday\u00a0a higher quarterly profit than in the third quarter of 2020.<\/p>\n","protected":false},"author":1,"featured_media":72243,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"%%post_title%% %%sep%% %%sitetitle%%","_seopress_titles_desc":"Daimler AG, a global supplier of premium cars and commercial vehicles, reported\u00a0on Friday\u00a0a higher quarterly profit than in the third quarter of 2020.","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"none","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":301,"_seopress_analysis_target_kw":"Daimler,Daimler AG,automotive,trucks,Mercedes,AMG,Maybach,results,Q3","footnotes":""},"categories":[24,5874],"tags":[22394,22419],"class_list":["post-72211","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-innovation-en","tag-focus-en","tag-news-en"],"_links":{"self":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/72211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/comments?post=72211"}],"version-history":[{"count":0,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/72211\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media\/72243"}],"wp:attachment":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media?parent=72211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/categories?post=72211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/tags?post=72211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}