Daimler Truck Boss Says Chip Supply Has Tightened Further

Daimler Truck Boss Says Chip Supply Has Tightened Further
The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany on April 5, 2018. Hannibal Hanschke/Reuters
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FRANKFURT—Daimler AG’s truck business, the world’s largest, has seen the supply of crucial chips tighten further in recent weeks, the division’s chief executive said in a Frankfurter Allgemeine Sonntagszeitung report.

“Since the summer months the situation has intensified again,” Martin Daum told the weekly newspaper, adding this had affected production in Germany and the United States.