• 11/26/2024

Daimler Truck Books China Impairment, Faces Profit Hit

Wall Street Journal

Daimler Truck said it took a €120 million hit from a write-down of its China joint venture due to a persistently weak market and that its full-year guidance was under review.

https://www.wsj.com/articles/daimler-truck-writes-down-china-joint-venture-puts-guidance-under-review-27ffd262