Reported 18 days ago
Daimler Truck's third-quarter earnings slightly exceeded expectations, fueled by a 2% increase in adjusted earnings in North America. However, the company's profitability in Europe dropped significantly, with CFO Eva Scherer highlighting ongoing economic instability in Germany and no signs of recovery. Despite challenges, Daimler Truck confirmed its annual guidance and maintained flexibility in production amidst potential tariff threats in the U.S.
Source: YAHOO