{"id":2345,"date":"2018-04-05T19:47:06","date_gmt":"2018-04-05T19:47:06","guid":{"rendered":"http:\/\/noti-america.com\/site\/alemania\/?p=2345"},"modified":"2018-04-05T19:47:06","modified_gmt":"2018-04-05T19:47:06","slug":"daimler-electro-mobility-investments-to-weigh-on-finances","status":"publish","type":"post","link":"https:\/\/noti-america.com\/site\/principal\/2018\/04\/05\/daimler-electro-mobility-investments-to-weigh-on-finances\/","title":{"rendered":"Daimler: Electro mobility investments to weigh on finances"},"content":{"rendered":"<p><span class=\"dateline\">Berlin \u00a0&#8211; <\/span>The board of German carmaker Daimler said at an annual meeting on Thursday that the shift to electro mobility &#8211; propelled in part by the diesel emissions scandal &#8211; will weigh on its finances in the coming years.<\/p>\n<div class=\"detailtext lang-en\" lang=\"en\">\n<p>\u00abMore electronic cars are good in terms of CO2 output, but not so good for our company&#8217;s finances, temporarily at least,\u00bb said chairman Dieter Zetsche at the gathering in Berlin.<\/p>\n<p>\u00abThere is no doubt that we &#8211; as carmakers &#8211; are responsible for striking a balance between individual mobility, climate protection and air pollution control,\u00bb\u00a0he added.<\/p>\n<p>In order to pay for the development of electric cars, Daimler has introduced an efficiency programme designed to save the company 4 billion euros (4.9 billion dollars) in the next five years.<\/p>\n<p>Frank Lindenberg, Daimler&#8217;s chief financial officer, said that shareholders would also have to expect lower dividends while the company adjusts to market demand.<\/p>\n<p>Shareholder representatives said ahead of the meeting they would seek further clarification from the board on the ongoing diesel scandal and its fallout.<\/p>\n<p>US judicial authorities and the public prosecutor in the south-western German city of Stuttgart, where Daimler is headquartered, are investigating the company for manipulating diesel emissions tests to circumvent environmental regulations.<\/p>\n<p>Daimler was one of a group of German car manufacturers funding emissions testing on monkeys and humans which scandalized Germany earlier in the year.<\/p>\n<p>It faces the possibility of driving bans for its diesel vehicles in several German cities who are seeking to combat serious air pollution.<\/p>\n<p>Daimler is cooperating with authorities on accusations that it and other German carmakers belonged to a secret cartel that collaborated on emission controls, standards, technology, costs and suppliers for years.<\/p>\n<p>Another talking point at Thursday&#8217;s meeting could be Chinese carmaker Geely founder Li Shufu, who snapped up 10 per cent of Daimler&#8217;s shares in a surprise move in February, and how his participation could affect its plans for restructuring.<\/p>\n<p>In 2017, revenues at Daimler rose 7 per cent year on year to 164.3 billion euros (204.5 billion dollars) and net profits were up 23 per cent to 10.5 billion euros.<\/p>\n<p>The carmaker sold 3.3 million vehicles last year, marking a 9-per-cent year-on-year increase.<\/p>\n<p>The dividend that will be paid out this year, namley 3.9 billion euros, is 400 million euros more than in 2017.<\/p>\n<p>Source:\u00a0<span class=\"dateline\"><span class=\"credit\">(dpa)<\/span><\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Berlin \u00a0&#8211; The board of German carmaker Daimler said at an annual meeting on Thursday that the shift to electro mobility &#8211; propelled in part by the diesel emissions scandal &#8211; will weigh on&#46;&#46;&#46;<\/p>\n","protected":false},"author":33,"featured_media":2346,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10219548024599422_1632221337088128":"","twitter_242054905_242054905":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[170,5],"tags":[],"class_list":["post-2345","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automovil","category-economia"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.9 (Yoast SEO v27.2) - 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