Daimler cuts 2018 profit forecast on diesel woes

Daimler cuts 2018 profit forecast on diesel woes

5 years ago
Anonymous $oIHRkISgaL

https://phys.org/news/2018-10-daimler-profit-diesel-woes.html

The group booked an EBIT of 14.3 billion euros ($16.4 billion) in 2017, and had originally expected to see results "slightly above" that this year.

But Daimler was already forced to trim its outlook for a first time four months ago, blaming new tariffs imposed on cars exported from the United States to China as part of President Donald Trump's festering trade spat with Beijing.