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Sunday, July 21, 2019

Tag: Daimler AG

BMW profit slumps on weaker markets, US$1.6 billion provision

Excluding the provision, earnings at the carmaker’s main unit fell by 42% to 1.1 billion euros.

High costs and supply chain woes put brakes on Daimler

Model changeovers and supply bottlenecks in some markets outside Germany helped brake performance, as well as 'intense competition.'

Merkel says carmakers responsible to help improve air quality

The German government is convinced the steps will lead to significant air quality improvement in the vast majority of cities.

Mercedes-Benz, JVs to recall over 350,000 vehicles in China

Official Chinese estimates showed over 20 million cars in China had air bags made by Takata, which have been linked to at least 16 deaths and 180 injuries globally.

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