Daimler profits

Discussion in 'Wall St. News' started by dealmaker, Feb 11, 2020.

  1. dealmaker

    dealmaker

    Daimler profits

    Mercedes-Benz sales hit a record high last year, but manufacturer Daimler reported its biggest drop in net profit—almost two-thirds—in a decade. The reason: legal and restructuring charges, stemming from diesel probes, the scrapping of the X-Class pickup truck, and the restructuring of Daimler's mobility services unit. Fortune
     
    ajacobson likes this.
  2. traider

    traider

    Tesla killed it.
     
  3. ajacobson

    ajacobson

    The X Class was a Nissan and they are winding the Nissan deal down.