Thu, 07 Nov 2024 22:05:38 GMT (1731017138563)
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5 years ago
Daimler warns of profits snag from diesel, airbag recallGerman automaker Daimler expects pretax profits this year to be significantly lower than 2018, after setting aside more money to tackle the fallout from its diesel emissions problems and an airbag recall. Friday's announcement drove down Daimler shares, which were...
6 years ago
Global auto slowdown drags down Mercedes-Benz makerLONDON (AP) — German carmaker Daimler endured a weak start to the year, echoing trouble at other major manufacturers, as a global economic slowdown weighed on sales, particularly in the big Chinese market. The company said Friday that vehicle sales...
6 years ago
Daimler CEO Zetsche to step down early, succeeded by insiderDaimler CEO Dieter Zetsche, who unwound a troubled merger with Chrysler Corporation and led the German automaker to a string of record profits, will hand off next year to Ola Kallenius, a longtime insider who heads vehicle development for the...
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