dima plans to revamp a truck plants owned by its chinese joint venture partner for trying to build mercedes-benz branded heavy trucks in china under the plan a full tone that will reportedly adversely dispense branded actress heavy trucks to its production lines almost a dispense trucks currently sold in china imported the truck market in china is holding up well despite declining auto sales this is because of growth in e-commerce and improved in just 6 infrastructure last month protons parent beijing alto bought a 5 percent stake in diamond. and now to some of the other business stories making headlines. after 3 years of negotiations israel and south korea have signed a trained deal for israel it is the 1st with an asian nation after deals have been reached with the united states and the european union it excludes israeli settlements in judea samaria on the golan heights goods and services from companies
performance and handling. it was under such as leadership that miss a decent over to the m.p. m.w. to become the world s largest luxury car maker but it was also one to his watch that time low recalls hundreds of thousands of diesel cars 2 to emissions manipulation it s unclear if that show will go down in time in history as a star more certain is that his last few years as c.e.o. want to start selling us the fast profits in shares fell dima was forced to cut costs in suppose that in fact we cannot and will not remain satisfied with the current level of profitability and i can assure you the dimer team has even more motivation to work with full energy towards our annual targets but. there s still plenty to do in the area of electric my polity his successor. will have his work cut out for him he wants to make dynamo morton greener and digital. colonias has
performance at handling cool it was under such as leadership that miss eighty s over to the m p m w to become the world s largest luxury car maker but it was also one to his watch that time low recalls hundreds of thousands of diesel cars 2 to emissions manipulation it s unclear if that show will go down in time in history as a star more certain is that his last few years as c.e.o. want to start selling us the fast profits in shares fell dima was forced to cut costs in. fact we cannot and will not remain satisfied with the current level of profitability i can assure you the dimer team has even more motivation to work with full energy towards our annual targets but. there s still plenty to do in the area of electric maybe lety his successor. will have his work cut out for him he wants to make diamond
better performance and handling credited with helping dima to recover when the chrysler takeover fell apart in 2007. has achieved record sales in recent years after increasing the appeal of its cars to a younger market many shareholders say they re sad to see that should go pretty good ali it s a shame they re allowing some a lot like him a lot. of fresh winnings from the new strategy that s been announced here will be implemented effectively now that the share price will go up again. and that future strategy will be led by time is 1st known german c.e.o. . us. or general de long was at that and it was general meeting of berlin today last how has the reaction force from the frankfurt stock exchange lars wait 1st for a 2nd i just want to ask jenelle a couple questions 1st jamil the time the boss bowed out calling for. backs i read
up front just under five billion dollars. and here are some of the other business headlines from today b.m.w. s first quarter profits plunged as it has to pay a one point four billion euro penalty related soon e.u. probe over collusion in the diesel gate scandal comicon said the charge brought quarterly profits down to five or five hundred eighty eight million euros that s wrong seventy five percent less in the same period a year ago a month and warned investors that a big fine from the european commission was likely brussels alleges b.m.w. colluded to dima and folks to avoid competing on emissions control technology. is dave the car and its two prosecutors have order. germany s porsche to pay a five hundred thirty five million euro fine for exceeding pollution limits on its fleet of luxury had all its vehicles or spare and company for its v.w.