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Daimler Decides To Re-Evaluate Its Position In The Market

April 10, 2013

With the very unpredictable onslaught of the economic problems in Europe, Daimler has decided to re-evaluate their position in the market. The company revealed that they will review their targets for the present year in their recent conference in Berlin with shareholders. The automaker previously relied on forecast of increased sales this year up to the following year. However, many analysts are now saying that a second profit warning may be imminent due to the weak start of the company in its key markets, especially Europe. According to CEO Dieter Zetsche, the end of the crisis cannot be determined yet. So he told the shareholders that there are no signals... Continue Reading »

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