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HomeAutoScarcity And Software Set To Power Mercedes-Benz Through 2022

Scarcity And Software Set To Power Mercedes-Benz Through 2022


Revenue is anticipated to rise barely this yr in contrast with 2021 as provide chain bottlenecks ease nevertheless it was too quickly to foretell an finish to the worldwide semiconductor scarcity, the corporate mentioned.

Mercedes-Benz will deal with its most luxurious autos and produce extra software program in-house to sort out increased prices and provide chain bottlenecks that are more likely to proceed to weigh on returns, the corporate mentioned on Thursday.

The carmaker noticed gross sales drop 5% in 2021 as provide chain shortages constrained manufacturing and it continues to widen its supply base for semiconductors and develop security inventory to guard in opposition to continued bottlenecks, CFO Harald Wilhelm mentioned.

Despite provide constraints, the carmaker expects top-end car gross sales to rise 10% this yr because it prioritises the supply of its costliest fashions over maximising unit gross sales, a method CEO Ola Kaellenius hopes will solidify Mercedes-Benz’s picture as a luxurious firm.

The price of bringing software program in-house was not more than bringing in numerous parts from varied companions, Kaellenius mentioned, including that it was a greater solution to management spending.

“Do you continue the path we have been on for the last 20-30 years, purchasing a patchwork of software… or do you take destiny into your own hands and make sure you have the core stack controlled by you?” Kaellenius mentioned.

The Mercedes-Benz Cars & Vans division greater than doubled its annual adjusted earnings earlier than curiosity and taxes (EBIT) to 13.9 billion euros ($15.61 billion) from 6.8 billion euros final yr, lifted by income from top-end car gross sales and electrical passenger vehicles, which grew 30% and 64% respectively.

The firm will suggest a dividend of 5 euros per share for the yr, a big leap from final yr’s 1.35 euros. Around 0.7 euros of this can symbolize the Daimler Truck dividend, because the truckmaker is not going to make a separate payout this yr, the corporate mentioned.

Revenue is anticipated to rise barely this yr in contrast with 2021 as provide chain bottlenecks ease nevertheless it was too quickly to foretell an finish to the worldwide semiconductor scarcity, the corporate mentioned.

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