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Northern Star

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The Student News Site of Northern Illinois University

Northern Star

The Student News Site of Northern Illinois University

Northern Star

Daimler profits slump as auto industry comes under pressure

By DAVID McHUGH | February 11, 2020

FRANKFURT, Germany (AP) — Daimler AG, maker of Mercedes-Benz cars, saw profit slump in 2019 and turned in a loss for the fourth quarter, underlining the pressures on the auto industry from economic headwinds and the need to invest in electric cars to...