It’s been a difficult week for Daimler. Quarterly profits are down 32 percent. Meanwhile, US regulators have asked the carmaker to carry out an internal investigation into the way it awards exhaust emissions certificates.
Net earnings at the world's largest luxury carmaker have taken a dive, Daimler's latest quarterly earnings report has shown. It's the result of several costly campaigns, while overall sales left nothing to be desired.
The bloc's anti-trust officials have searched the offices of the premium carmaker this week in a probe investigating BMW and four other German automobile firms for suspected anti-competitive practices.
Dieter Zetsche, CEO of German luxury carmaker Daimler vows to fight for diesel-powered vehicles, but declines to comment on the latest scandal rocking the nation's auto industry.
German automaker Daimler has announced it is to recall millions of Mercedes-Benz diesel vehicles. The move comes as German authorities investigate the firm for allegedly cheating on emissions tests.
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