GERMANY: Daimler profits plunge in first quarter
Daimler AG has reported a massive plunge in profits for the first quarter of 2009. The net loss of EUR1,286m compared with net profit of EUR1,332m in Q1 2008 while EBIT was minus EUR1,426m for period compared with a EUR1,976m profit last year. Revenue fell to EUR18.7bn versus EUR24bn in 2008.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable