By Kim Richters

 

Premium-car maker Mercedes-Benz AG expects the global semiconductor shortage to affect sales in the next two quarters, after saying the supply squeeze restricted deliveries in the second quarter.

The German auto brand, which is owned by Daimler AG, said Tuesday that the shortage had affected deliveries in particular in the month of June. Nevertheless, Mercedes-Benz AG said it had "robust global demand and a healthy order intake" in the three-month period.

Global retail sales for Mercedes-Benz Cars were up 28% on year to 591,725 vehicles in the second quarter.

 

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

 

(END) Dow Jones Newswires

July 06, 2021 06:00 ET (10:00 GMT)

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