Daimler’s Q3 release put in evidence the relative strength of premium OEMs in the face of the current supply-chain challenges. The 25% cut on volumes seen in Q3 only made a small dent to the top line, as revenues came in basically flat yoy, attesting to Daimler’s ability to leverage its luxury-focus and achieve remarkable mix and price improvements.
29 Oct 2021
A solid Q3 beat in spite of headwinds
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A solid Q3 beat in spite of headwinds
Daimler’s Q3 release put in evidence the relative strength of premium OEMs in the face of the current supply-chain challenges. The 25% cut on volumes seen in Q3 only made a small dent to the top line, as revenues came in basically flat yoy, attesting to Daimler’s ability to leverage its luxury-focus and achieve remarkable mix and price improvements.