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Daily Digit: Daimler's earnings plunge

Reuters Business
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April 24, 2013 AT 9:58 AM
German automaker Daimler scrapped its 2013 earnings forecast after its first-quarter profit tumbled by more than half. PSA Peugeot Citroen has also been hit by weak demand in Europe and saw its first quarter sales slump 6.5 %. Joanna Partridge reports