Daimler Truck to launch second €1.1 billion buyback tranche by mid-September
30 Articles
30 Articles
Commercial vehicle manufacturer Daimler Truck reports a break in profits of 48 percent for the second quarter.
The figures of Daimler Truck are a bright light. If it weren't for the dark clouds of the EU rules on the CO2 emissions of trucks in 2030, which threaten to damage a successful European industry.
In the second quarter of this year, profit has fallen by 48 percent, despite increased sales. According to the company's own information, customs duties are burdening the Group.
As a driver, the company mentions accelerated letter decline, cost pressure and strong competition in foreign markets.
Despite more trucks sold and higher sales, Daimler Truck almost halved its profit in the second quarter. To justify this, the Dax Group refers to US tariffs.
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