Mercedes-Benz Expects Their Supply Chain Constraints to Continue In 2022

Mercedes- Benz Expects Their Supply Chain Constraints to Continue In 2022

The CEO of Mercedes-Benz, Martin Schwenk, said that the company will still be dealing with semiconductors shortages and supply chain constants.

Mercedes-Benz is still feeling the effects of the global semiconductors shortage that hit the auto industry and the supply chain constraints. As per a report of PTI, the carmaker is not expecting the situation to improve in 2022 while also saying that it will be hard to predict how it will change in the future.

Concerning the PTI, Martin Schwenk, the CEO and Managing Director of Mercedes Benz India said that the company was dealing with semiconductor shortages and congestion in shipping. He added that the company was facing significant supply constraints, limiting the number of cars it could produce and deliver, causing longer waiting times for its customers. Martin Schwenk also revealed that the global economic uncertainties and go-political tensions seemed to have worsened over the past few months. Many questions were raised across markets regarding the financial situations in their short-to-medium terms.

Mercedes-Benz still has some launches for 2022 India, including the all-electric EQS SUV and EQS flagship sedan.

However, Martin Schwenk said that while the brand faced some uncertainties over its production levels, the global economic tensions and geopolitical crisis were yet to affect consumer sentiments in India. The carmaker said that it has over 5,000 pending orders on its hands currently in the country, with several bookings continuing to boost.

In the past few months, he also said that the company had been forced to hike prices on some occasions owing to rising input costs and continued monitoring topics like pricing and inflation.

Mercedes-Benz has some big launches lined up for India in the coming months, including its all-electric flagship, the EQS electric SUV, and the EQS luxury sedan. At the start of the year, the carmaker revealed its plans to launch ten new models in 2022 in India, which have till now been included in the new Mercedes-Maybach S-Class and the new generation C-class.

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Written by CBTEAM

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