Daimler to cut production due to shortage of chips: Handelsblatt By Reuters

© Reuters. FILE PHOTO: The Daimler AG sign is displayed at the IAA truck fair in Hannover

BERLIN (Reuters) – Daimler (OTC 🙂 will cut production and reduce working hours at a second factory, the latest automaker to suffer from a global semiconductor shortage, the Handelsblatt newspaper reported on Thursday, citing non-company sources. identified. Automotive and electronics manufacturers are facing a chip shortage as consumer demand recovers from a slump caused by the coronavirus pandemic that led to manufacturing delays. The Mercedes maker will cut production in Bremen, the newspaper reported, with the plant possibly even closing in early February for a few days. Daimler was not immediately available for comment. On Tuesday, the company said it was cutting hours at its compact car plant in Rastatt. Rival Volkswagen (DE 🙂 said on Wednesday it would further reduce car production at its main plant in northern Germany due to a shortage of semiconductors that has hit the industry around the world. On Thursday, Volkswagen’s Audi brand also announced that it would cut the working hours of about 10,000 employees at its Neckarsulm and Ingolstadt plants. Production will be partially stopped from next week until the end of January.

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