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Mercedes seems to be in serious trouble – here's a warning



Daimler, who also manufactured Mercedes-Benz cars, warned investors Friday that it lost seriously in the second quarter of this year.

On Sunday, the company reported as incomplete information that its EBIT was € 1.6 billion after a profit of € 2.6 billion a year earlier, writes MTI.

According to Daimler's forecast, it was necessary to increase nearly 1 billion euros to cover Takata's expected costs for the recovery of Japanese airbags, while EBIT fell by 1.6 billion euros for various ongoing court proceedings, partly because of the scandal with diesel fuel.

Half an hour after Friday's trading on the Frankfurt Stock Exchange at 9.30, the Daimler rate was 0.8 percent, which caused a major drop of around 3 percent.


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