Global sales, production strong on demand, recovering chip supplies.
Notwithstanding Tuesday’s plants shutdown in Japan, it’s enjoying an upswing in sales, production.
Pursues segment despite over $4.5 billion in projected losses this year.
The company reported a profit before tax of $326 million for the quarter ending in December.
The partnership will allow Mercedes-Benz to connect passenger car plants to the Microsoft Cloud to make vehicle production more efficient, resilient and sustainable.
The ongoing microchip supply shortage has caused automakers to trim 87,500 more vehicles from their production forecasts, reports AutoForecast Solutions.
Toyota will shut down most of its production of Toyota, Lexus, and Hino vehicles over the coming week, after a pair of deadly earthquakes rocked Japan and caused parts shortages for the automaker.
Kelley Blue Book predicts overall annual sales gains of between 7 and 10 percent for the rest of the year.
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