By Kim Richters

 

Daimler AG's Mercedes-Benz said Wednesday that car sales in the third quarter fell significantly as the current semiconductor supply shortage hit the premium car maker's production.

World-wide sales at the auto maker's Mercedes-Benz Cars division declined 30.5% to 434,784 vehicles in the quarter. Mercedes-Benz passenger cars sales in the three-month period fell sharply in all regions, the car maker said.

"The world-wide supply shortage of certain semiconductor components affected global deliveries to customers in 3Q, especially in the month of September," the company said.

"The chip supply situation remains volatile and the shortage is expected to continue to impact the upcoming quarters in terms of production and sales," it added.

 

Write to Kim Richters at kim.richters@wsj.com

 

(END) Dow Jones Newswires

October 06, 2021 05:13 ET (09:13 GMT)

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