Daimler said an "increase of provisions for various ongoing governmental proceedings and measures relating to diesel vehicles by a high three digit million [euro] amount" would affect its second quarter 2019 earnings and be taken into account in the group EBIT.
That outlook for group EBIT this year was now expected to be much the same as in 2018.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The return on sales forecast for Mercedes-Benz Vans was now expected to be minus 2% to minus 4%.
Announcing Q1 results in April, Daimler had said the vans return on sales would be 0% to 2%.
Group EBIT for 2019 had been forecast slightly higher than in the previous year.
"Relevant for the reassessment is an increase in expected expenses in connection with various ongoing governmental proceedings and measures with regard to Mercedes-Benz diesel vehicles," Daimler said in a statement.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataAlso in April, the European Commission accused Daimler, along with BMW and VW of breaching EU antitrust rules from 2006 to 2014 by colluding to restrict competition on the development of petrol and diesel emissions control technology for passenger cars.
Daimler profits down 16% in Q1
