Daimler posts $3.6 billion operating profit in Q3 on sales recovery, cost cuts

By:

Bloomberg

October 16, 2020 12:22 AM

Daimler's earnings snapped back in the third quarter, with recovering vehicle sales and cost cuts giving the Mercedes-Benz maker the confidence to predict its momentum will last through the end of the year.

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Manufacturing

How steel and aluminum tariffs doubling could impact automakers and suppliers

President Donald Trump doubled tariffs on imports of steel and aluminum to 50 percent effective June 4.

By:

John Irwin

How steel and aluminum tariffs doubling could impact automakers and suppliers

Manufacturing

Bank of America ‘Car Wars’: Automakers pull back hard on EVs, while dealers need to tap lost service via connectivity

By:

Larry P. Vellequette

Bank of America ‘Car Wars’: Automakers pull back hard on EVs, while dealers need to tap lost service via connectivity

Electric pickups got huge hype and preorders — but failed to win over truck buyers

By:

Laurence Iliff

Electric pickups got huge hype and preorders — but failed to win over truck buyers

Volvo

Volvo’s little-used U.S. assembly plant is $1.4 billion migraine

By:

Urvaksh Karkaria

Volvo’s little-used U.S. assembly plant is $1.4 billion migraine

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