DaimlerChrysler says made truck toll provision

Newswire

FRANKFURT, Feb 19 (Reuters) - DaimlerChrysler said on Thursday it made a 0.1 billion euro ($127.5 million) provision in 2003 for the risk of losses due to the failed German road toll system but said its exposure could be higher. "DaimlerChrysler believes that its maximum exposure to losses as a result of its involvement with Toll Collect could exceed the current recognised obligation," the company said in its annual report. Toll Collect, the consortium charged with developing the system ...

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