2021 revenues and pre-tax profits off to a good start: Daimler AG

On Wednesday, German carmaker Daimler AG said, its revenues in 2021 have got off to a good start. This is despite a global shortage of semiconductors plaguing the automobile industry. Daimler now plans on speeding up the shift towards electric cars in its model lineup.

It continues to expect its 2021 revenues and pre-tax profits to be a significantly better than 2020.

“After a good start with a tailwind from last year, Daimler is confident about the current financial year,” said the company in a statement.

It went on to add, preparations are underway for the planned listing of Daimler Trucks, which should be completed by the end of this year.

In 2019, Daimler had said it expects plug-in hybrids or all-electric vehicles to make up more than 50% of its car sales by 2030.

“We want to accelerate the electrification of our product portfolio,” said Daimler’s CEO Ola Källenius in a statement. “It’s our goal to reach this target sooner.”

Categories: Creativity, Entrepreneurship, HR & Organization, Strategy, Sustainability

Tags: , , , , , , , , , , , , , , , , , , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: