Daimler Predicts Stronger Future But Cuts 2013 Profit Forecast

Daimler’s Q1 financial performance fell short of consensus expectations and the company has conceded that it will now not match 2012 profit levels this year. This is despite reaffirmation that “significant improvements” are expected in forthcoming quarters as the positive impact of new vehicles and efficiency programmes becomes evident. These Subscribe to Automotive World to … Continued

• By Megan Lampinen
• April 24, 2013