The car manufacturer Daimler expects that the procedures in the scandal to manipulated the exhaust gas values of the group, a mid three-digit million amount. The chief financial officer Bodo Uebber said. Which procedure cause exactly this amount, not wanted to explain Uebber. “We are in contact with the authorities, it is confidentiality is agreed upon.”
the group announced that net profit in the third quarter of 2018 and by 21 percent compared to the same quarter last year to 1.76 billion euros. Sales were EUR 40.2 billion, approximately stable. “The automotive industry-and thus also Daimler are still in a very challenging environment,” said CEO Dieter Zetsche. The continued high demand of the customers voice to the group for the fourth quarter confident.
Already a few days ago, the Mercedes-Benz manufacturer had screwed up for the second Time this year its profit expectations for the year 2018 and as a major reason for this is the costs associated with the diesel crisis given. 2018, the earnings before interest and taxes (Ebit) are expected to lie well below the value of the previous year in the amount of 14.3 billion euros. In the past quarter, Ebit fell by more than a quarter to just under 2.5 billion euros. Sales of Mercedes fell by six per cent to almost 560,000 vehicles.
various factors come together, such as the cost for software updates for diesel vehicles and the transition to the new emission test procedure, WLTP. Also the higher import duties on the most important single market China strain due to the trade dispute with the US, the group, the cost of diesel back-calls and declining sales figures.
The force travel Federal office has a recall of about 700,000 diesel of the Mercedes brand in Europe, vehicles are arranged. In the U.S. studies, the increased nitric oxide has been running for more emissions of diesel vehicles of Mercedes-Benz.