Daimler Truck says it is reviewing China operations

NAMPA / DPA

2024-10-30

Berlin (dpa) - German commercial vehicle manufacturer Daimler Truck has announced it is reassessing the future of its operations in China. As discussions continue, the company recorded a one-time, non-cash valuation adjustment of ?180 million ($195 million) for receivables in the third quarter. The adjustment does not affect Daimler Truck's operational performance-adjusted earnings before interest and taxes (EBIT) and adjusted return on sales (RO......

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