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Daimler Plan Impresses Investors But A Stumble Would Revive Takeover Talk

Daimler Plan Impresses Investors But A Stumble Would Revive Takeover Talk. “3 options.  A German-German, German-French-Japanese, or German-Swedish-Chinese” Investors seem happy after Mercedes parent Daimler announced new goals which included slashing costs, cementing profit targets, moving upmarket and building up its electric car portfolio to try and keep up with Tesla and Volkswagen. Any sign […]

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Daimler Clouded By Weak Markets, Diesel, Trade Problems

Daimler Clouded By Weak Markets, Diesel, Trade Problems. “Daimler’s P&L is a mess, with special charges dumped all over it; underlying margins are deteriorating; free cash flow is awful”. Mercedes Benz parent Daimler announced more details of its troubled second quarter financial performance’ and analysts weren’t impressed. On Wednesday, Daimler confirmed the warning a couple […]

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BMW, Daimler Face Rocky Financial Reports, But Not VW

BMW, Daimler Face Rocky Financial Reports, But Not VW. “An industry-wide shift towards electric vehicles threatens BMW’s (profitability) lead” Investors in big German carmakers are bracing themselves for financial results in the next weeks that will underline gloomy long-term profit prospects, except for Volkswagen that is. Mercedes Benz parent Daimler and BMW are both facing […]

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Another profit warning hits Daimler share price

Another profit warning hits Daimler share price. “These warnings are terrible for auto valuations. They come at a time when the industry is facing its largest emission challenge in history” Daimler’s share price dived nearly 3% after the Mercedes Benz parent company cut its profit forecast to take account of its diesel transgressions.  Daimler said […]

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