Daimler cuts 2018 profit outlook as tariffs strike U.S.-made SUVs

Daimler cuts 2018 profit outlook as tariffs strike U.S.-made SUVs

Daimler said profit would fall in 2018 as new import tariffs on light vehicles exported from the United States to China would hurt sales of high-margin Mercedes-Benz SUVs.

Leave a Reply

Your email address will not be published. Required fields are marked *