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Daimler Fell, Cut Its 2019 Outlook Due to High Recall Costs

Jitendra Parashar
Daimler Fell, Cut Its 2019 Outlook Due to High Recall Costs

On June 23, Daimler AG (DDAIF) announced a cut in its 2019 outlook. The company expects its 2019 EBIT to be nearly flat compared to the previous year.