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German carmakers signal easing of supply chain woes

BMW and Mercedes enjoy jump in sales at end of last year as supply outlook improves

Sales at BMW and Mercedes-Benz jumped in the final months of 2022 as the premium German car brands signalled supply chain problems that have plagued the industry were easing.

Carmakers around the world have been struggling with a lack of parts since the pandemic, particularly semiconductors, leaving many with large fleets of unfinished vehicles that cannot be delivered to customers.

Both BMW and Mercedes said full-year car deliveries slid last year by 4.8 per cent and 1 per cent, respectively, because of supply chain bottlenecks as well as lockdowns in China and the war in Ukraine.

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