- From MarketWatch
After release of the detailed report, analysts noted that the lion's share of additional earnings momentum is likely to come from vans and financial services, while the outlook for cars and trucks remains unchanged.
In the face of the steep costs to develop self-driving cars, Daimler recently announced it would team up with supplier Bosch GmbH to develop technology for robo-taxis, self-driving taxis, that could launch at the beginning of the next decade.
Daimler has repeatedly maintained that the company didn't engage in the kind of emissions fraud to which Volkswagen AG (VOW.XE)pleaded guilty to in the U.S.
Uebber said the company expects an increase of 1% to 2% in global new car sales, with slight growth in China, steady demand at about 17 million cars and light trucks in the U.S., and a slowdown of growth in Western Europe after the strong recovery in recent years.