Hints and tips:
Related Special Reports
...The increased pricing power has already fed through to the bottom lines for BMW and Daimler....
...Daimler Truck on Friday posted €13.5bn in group sales for its third quarter, up 27 per cent year on year....
Moves are latest sign of slowing sales growth in world’s biggest electric car market
...Daimler Buses, which is a division of Daimler Truck, also had to shut its coach factory in Ulm, Germany, on March 17 2020, and the site remained mostly closed for almost a year and a half, hitting production...
...“If you take the entirety of engine, transmission, axle, tank system, cooling . . . ” the chief executive officer of Daimler Truck, Martin Daum, told the Financial Times, “we have a maximum of about €25,000...
...Mercedes-Benz AG, which in its previous guise as Daimler AG was the parent company of Daimler Truck, said it was also looking to divest a 15 per cent stake in Kamaz....
...Mercedes-Benz AG, which in its previous guise as Daimler AG was the parent company of Daimler Truck, said it was also seeking to divest a 15 per cent stake in Kamaz....
...Talking to the Financial Times, Daum challenged the claim that the trucks division was always a burden on Daimler....
...Smart, the brand Daimler co-owns with China’s Geely, is already fully electric....
...The move came just months after Mercedes’ owner Daimler and BMW pledged to spend €1bn on a suite of car-sharing, ride-hailing, parking and charging apps....
...Shares of Daimler, Mercedes’ parent company, rose 7 per cent to €74.44 on the news by the close of trade in Frankfurt....
...German wholesale retailer Metro AG will keep its 93 cash and carry markets open in Russia, the company said in a memo to staff seen by the Financial Times....
...Mercedes-Benz owner Daimler defied the semiconductor crisis to increase earnings by a fifth in its latest quarter, despite delivering almost 145,000 fewer vehicles than it did in the pandemic-ridden months...
...In late October, Daimler said it would increase its stake in Aston Martin to 20 per cent from less than 5 per cent. Daimler has owned Aston Martin shares since 2013....
...On Monday, Daimler Truck said it was halting its partnership with Russia’s Kamaz, which makes and markets trucks and cabins on behalf of the German manufacturer....
...Last week, Daimler, the world’s largest truckmaker by volume, unveiled its first Mercedes long-haul electric truck, the eActros....
...Daimler chair Ola Kallenius said the deal “shows there is an underlying mindset that something must be done and can be done”....
...Daimler’s financial services arm, Daimler Mobility, was hit by supply bottlenecks in the last quarter, but the Stuttgart-based carmaker said it, too, was aiming to “utilise new market potential in the used-car...
...Daimler’s decision to settle the case brings an end to all legal proceedings between the two companies....
...Unfortunately for BMW and Daimler, it is not always clear exactly where “power” lies....
...Martin Daum, chair of industry leader Daimler Truck, told the Financial Times that while diesel trucks would dominate sales for the next three to four years, hydrogen would take off as fuel between 2027...
...The few funds paying attention will have encountered unwelcome evidence of Deutschland AG’s seemingly incurable malaise....
...In recent months, Daimler has benefited from a spectacular recovery in the car market, led by China....
...In the end only six — Ford, General Motors, Daimler, BYD, Volvo Cars and Jaguar Land Rover — signed, a far cry from the hoped-for parade of car giants. “What a failure . . . what an embarrassment....
...Chief financial officer Wolfgang Schäfer also warned that Continental’s carmaker clients, which include the likes of VW and Daimler, would need to get better at estimating how many semiconductors they needed...
International Edition