Friday, February 22News That Matters

Trade War, Diesel Troubles Hold Back Profit at Daimler

Trade War, Diesel Troubles Hold Back Profit at Daimler

Automaker Daimler said Wednesday that fourth-quarter net profit fell 49 percent to 1.64 billion euros ($1.87 billion) as its Mercedes-Benz luxury car business was buffeted by trade conflict, diesel woes and costs for developing new models and tech…

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