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Transcripts for BBCNEWS World Business Report 20210907 04:50:00

The worlds car makers are coping with the global semiconductor shortage. demand for new vehicles is actually very high yet factories are having to slow their output, or even stop working altogether. it s a major topic of conversation at the international mobility show taking place this week in munich. theo leggett is there for us and caught up with the boss of daimler and mercedes benz who explained how bad the situation is. we have experienced a shutdown here in the third quarter primarily in malaysia due to covid shutdown. and what we have said is it will significantly impact production and sales in the third quarter and sales in the third quarter and we hope that in the fourth quarter we can start coming back up to some sort of a normal production level. we are happy that we have made ourselves resilient in terms of ourselves resilient in terms of our financials ourselves resilient in terms of ourfinancials in ourselves resilient in terms of our financials in the last couple of years, lowered our breakeven point so we can also

Output , Factories , Semiconductor-shortage , Demand , Vehicles , Car-makers , Situation , Us , Boss , Show , Mobility , Topic