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After Daimler has lost almost two billion euros in the last quarter of 2008 the company is slashing costs

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Janine RabeFebruary 18, 2009

Daimler lost almost two billion euros in the last quarter of 2008. And the German carmaker says 2009 will not offer any improvement. That has the company slashing costs, cutting back its dividend and saying no pay raises for executives.

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