Daimler under new CEO logs first quarterly loss in a decade

FRANKFURT, Germany Daimler AG, the maker of Mercedes-Benz luxury cars, says it lost 1.2 billion euros ($1.3 billion) in the second quarter as the company booked 4.2 billion euros in one-time charges for troubles with diesel vehicles and airbag recalls. The q…

Daimler under new CEO logs first quarterly loss in a decade

FRANKFURT, Germany Daimler AG, the maker of Mercedes-Benz luxury cars, says it lost 1.2 billion euros ($1.3 billion) in the second quarter as the company booked 4.2 billion euros in one-time charges for troubles with diesel vehicles and airbag recalls.
The q…
Read More From Publisher