‘HB’: Mercedes-Benz will suffer losses in sales and profits in 2023 due to battery bottleneck

DÜSSELDORF (dpa-AFX) – According to a press report, Mercedes-Benz (Mercedes-Benz Group (ex Daimler)) is threatened with losses in sales and profits this year due to the ongoing shortage of 48-volt batteries. The car manufacturer would have to accept between five and seven billion euros less revenue, reported the “Handelsblatt” (Thursday edition), citing corporate circles. This could result in a loss of profits of more than half a billion euros.

Mercedes hopes to be able to make up for the lack of income in 2024. Overall, however, this is unlikely to be successful due to foreseeable vehicle cancellations. The background to the misery is that the main supplier Bosch has not been able to produce the small batteries to the agreed extent at its factory in Eisenach, Thuringia, for months. The increased need for speech from the top management of both companies shows how big the problem is. According to insiders, Mercedes boss Ola Källenius and Bosch boss Stefan Hartung recently discussed the problem several times a week./he

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