A profit warning issued by carmaker Daimler on the day of the summit illustrated the German car industry's worries. Due to high costs associated with the diesel emissions fraud scandal, the company has had to reduce its profit expectations, leading to a five percent drop in Daimler's share price, the newspaper Frankfurter Allgemeine Zeitung reports. Just a few days earlier, Germany's Federal Motor Transport Authority ( KBA ) ordered a fresh product recall of 60,000 Daimler cars for allegedly being equipped with a defeat device to make exhaust emissions appear lower, the newspaper writes.