Daimler Truck cuts production at some locations over chip shortage

1 min read
FILE PHOTO: Daimler AG sign is pictured at the IAA truck show in Hanover

FRANKFURT (Reuters) – Daimler Truck, the world’s largest truckmaker, on Monday said it was curbing production at some of its German factories due to a shortage of critical semiconductors.

The company, which was spun off from Mercedes-Benz last year, said it was suspending production in some areas at its Mannheim site in March and at its Gaggenau plant in April, without being more specific.

(Reporting by Ilona Wissenbach; Writing by Christoph Steitz, Editing by Miranda Murray)

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