, Columnist
China Sees Something in Daimler We've All Missed
The company’s shares are still struggling to recover from an emissions scandal. But Asian suitors are interested in its electric-vehicle future.
Buying Benz at budget prices.
Photographer: Michael Nagle/Bloomberg
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At least someone out there still has a soft spot for Daimler AG.
Four profit warnings in just over 12 months have caused most equity investors to go cold on the Mercedes-Benz maker. After the latest shocker earlier this month the shares are down 20% over the past year, hovering just a touch above their lowest levels in nearly six years.