Daimler Truck's deliveries could have been higher by a ‘five-digit figure’ in 2021 and 2022 if it had not faced supply chain problems, its chief executive Martin Daum said
deliveries could have been higher by a "five-digit figure" in 2021 and 2022 if it had not faced supply chain problems, its chief executive Martin Daum told Reuters.
This demand meant the truck and bus maker was still able to pass on its higher costs, enabling margins to recover from a hit during the pandemic to the target range of 7-9%.The company sold 120,961 units in the second quarter of 2022, up 4% from the same period last year.Martin Daum, head of Daimler Trucks and Buses gestures during the annual results news conference in Stuttgart, Germany, February 11, 2020.
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