The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke
FRANKFURT (Reuters) – Daimler has increased provisions for issues related to diesel vehicles, the company said on Sunday, dimming the prospects for the carmaker’s second-quarter earnings.
The provision for “ongoing governmental proceedings and measures” will be a high three-digit million euro amount, the carmaker said.
Reporting by Tom Sims; Editing by Jan Harvey