Daimler CEO says carmaker has no need for state aid - Handelsblatt
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FRANKFURT (Reuters) - Daimler currently has sufficient funding and sees no need to apply for state aid, despite halting production at its major plants in Europe to contain the coronavirus, Chief Executive Ola Kaellenius told German newspaper Handelsblatt."Daimler currently has no need for state aid. Generally speaking, the industry had a very good order intake before the crisis," Kaellenius is quoted telling the paper. Upon being asked whether Daimler would help suppliers that are in trouble,..