RSS Reader
07-23-2020, 01:08 PM
Filed under: Earnings/Financials (https://www.autoblog.com/category/earnings-financials/),Mercedes-Benz (https://www.autoblog.com/mercedes-benz)
https://o.aolcdn.com/images/dims3/GLOB/crop/4402x2476+0+411/resize/800x450!/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2020-07/2b5d0070-ccdf-11ea-aebb-9a8e8404ee24 Daimler, the maker of Mercedes-Benz luxury cars and Freightliner trucks, lost 1.91 billion euros ($2.21 billion) in the second quarter as the coronavirus outbreak slashed sales of the company's cars, vans, buses and trucks by about a third. CEO Ola Kallenius said Thursday it had worked to preserve cash reserves during a difficult time and was seeing “the first signs of a sales recovery.” Based in Stuttgart, Daimler AG suspended production in March, April and May as the pandemic and related couContinue reading Daimler lost $2.2 billion in Q2 but sees signs of recovery (https://www.autoblog.com/2020/07/23/mercedes-benz-q2-loss-recovery/)
Daimler lost $2.2 billion in Q2 but sees signs of recovery (https://www.autoblog.com/2020/07/23/mercedes-benz-q2-loss-recovery/) originally appeared on Autoblog (https://www.autoblog.com) on Thu, 23 Jul 2020 08:28:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2020/07/23/mercedes-benz-q2-loss-recovery/) | Email this (https://www.autoblog.com/forward/2252023/) | Comments (https://www.autoblog.com/2020/07/23/mercedes-benz-q2-loss-recovery/#comments)
More... (https://www.autoblog.com/2020/07/23/mercedes-benz-q2-loss-recovery/)
https://o.aolcdn.com/images/dims3/GLOB/crop/4402x2476+0+411/resize/800x450!/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2020-07/2b5d0070-ccdf-11ea-aebb-9a8e8404ee24 Daimler, the maker of Mercedes-Benz luxury cars and Freightliner trucks, lost 1.91 billion euros ($2.21 billion) in the second quarter as the coronavirus outbreak slashed sales of the company's cars, vans, buses and trucks by about a third. CEO Ola Kallenius said Thursday it had worked to preserve cash reserves during a difficult time and was seeing “the first signs of a sales recovery.” Based in Stuttgart, Daimler AG suspended production in March, April and May as the pandemic and related couContinue reading Daimler lost $2.2 billion in Q2 but sees signs of recovery (https://www.autoblog.com/2020/07/23/mercedes-benz-q2-loss-recovery/)
Daimler lost $2.2 billion in Q2 but sees signs of recovery (https://www.autoblog.com/2020/07/23/mercedes-benz-q2-loss-recovery/) originally appeared on Autoblog (https://www.autoblog.com) on Thu, 23 Jul 2020 08:28:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2020/07/23/mercedes-benz-q2-loss-recovery/) | Email this (https://www.autoblog.com/forward/2252023/) | Comments (https://www.autoblog.com/2020/07/23/mercedes-benz-q2-loss-recovery/#comments)
More... (https://www.autoblog.com/2020/07/23/mercedes-benz-q2-loss-recovery/)