Daimler details losses fears

Daimler details losses fears

Daimler-Benz, Germany's largest industrial group, said its currency-related costs and losses could total more than pounds 1.35bn in 1995 if the dollar remained weak. A spokesman also said he could not deny reports that Daimler could post a net loss of nearly DM2bn (pounds 900m) for the year, after a DM895m profit last year