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2/11/20

Daimler profits slump as company reports fourth-quarter loss

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Net profit for the full year fell to 2.71 billion euros ($2.94 billion) from 7.58 billion euros. In the fourth quarter of the year the Stuttgart-based company lost 11 million euros, compared with a profit of 1.64 billion euros in the year-earlier quarter.

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Daimler profits slump as company reports fourth-quarter loss originally appeared on Autoblog on Tue, 11 Feb 2020 09:09:00 EST. Please see our terms for use of feeds.

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