23-06-2019 20:10 via kvoa.com

Daimler issues profit warning over diesel issues

FRANKFURT, Germany (AP) — Automaker Daimler says profits for the second quarter will be hit by troubles with diesel vehicles from its Mercedes-Benz brand and has downgraded its earnings forecast for the full year.
The company said Sunday in a news release that it would be hit by “a high three-digit million” charge related to ongoing government proceedings and measures related to diesel vehicles.
It said full-year operating earnings would be “in the magnitude” of las
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