Learn more

German commercial vehicle manufacturer Daimler Truck has announced it is reassessing the future of its operations in China. As discussions continue, the company recorded a one-time, non-cash valuation adjustment of €180 million ($195 million) for receivables in the third quarter. The adjustment does not affect Daimler Truck’s operational performance—adjusted earnings before interest and taxes (EBIT) and adjusted return on sales (ROS). The company noted that all other preliminary and unaudited third-quarter key performance indicators (KPIs) are not subject to ad hoc disclosure and will be relea…