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Daimler races to record profits but 'monkey-gate' casts cloud over results

Demand for SUVs and trucks has driven Daimler, the German company behind the Mercedes Benz marque, to record profits.
But the annual results were overshadowed by the company’s involvement in “monkey-gate”, when primates were subjected to diesel fumes to test the impact they had.
Daimler - along with other German car giants BMW and Volkswagen Group - helped fund a research group that carried out the tests.
The experiments were commissioned in 2014 in New Mexico by the now-closed European Research Group on Environment and Health in the Transport Sector. The New York Times last week revealed the experiments, which were also carried out on humans.
Daimler races to record profits but 'monkey-gate' casts cloud over results

Dieter Zetsche, chief executive of Daimler, as the company announced its record performance 

Credit:
DPA
Daimler has already suspended one member of staff in its environmental department and the company has said it is "appalled" by the revelations in the US.
The news brings further turmoil to the German motor industry in the wake of the “dieselgate” scandal, when VW admitted fitting software to 11m cars worldwide to help them cheat pollution tests.
Daimler said net profits rose by almost a quarter to €10.9bn (?9.5bn) in 2017, on revenues 7pc higher at €164bn as it sold 3.3m vehicles during the year, an increase of 9pc on the previous year.
"The Daimler workforce has once again succeeded in breaking the records set in the previous year," said chief executive Dieter Zetsche.
However, he warned such rapid acceleration of financial results was unlikely to be repeated, forecasting that 2018 would see revenues only “slightly” ahead.
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