FRANKFURT (Reuters) – Luxurious carmaker Daimler (DAIGn.DE) lower its revenue forecast for the fourth time in 13 months on Friday, because it put aside more cash to cowl a regulatory crackdown on diesel emissions and automobile remembers associated to Takata airbags.

The Mercedes emblem is seen on a Imaginative and prescient Mercedes-Maybach Final Luxurious present automobile forward of the Daimler annual shareholder assembly in Berlin, Germany, Might 22, 2019. REUTERS/Hannibal Hanschke

The German automaker is amongst a raft of blue-chip companies to concern a revenue warning this week, including to issues in regards to the severity of an financial slowdown, significantly in China the place confidence has been…



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