Daimler reports Q4 net loss of $482 million
Daimler, the maker of Mercedes cars and Freightliner trucks, reported Q4 net loss of $482 million on February 18 and said it intends to cancel the annual dividend.
German automaker Daimler said Thursday that its net profit fell by 16 percent in the third quarter due to write downs on its investments in French and Russian groups Renault and Kamaz.