Daimler’s Smart China Geely Deal Mainly Wins Plaudits. “For Daimler, it reinvents the Smart brand – a brand that has had limited success as an urban small car niche player – as an all-electric specialist.” Daimler’s agreement to sell half off its Smart minicar subsidiary to Zhejiang Geely Holding Group of China won applause although […]
Tag Archives | Daimler
Mercedes Launches Fuel Cell Hybrid For Customer Tests
Mercedes Launches Fuel Cell Hybrid For Customer Tests. “The interplay between battery and fuel cell, a long range and short refueling times make the GLC FCELL a vehicle which boasts high everyday practicality,” Daimler’s Mercedes took a step closer to bringing a fuel-cell hybrid to the market when it announced the handover of the GLC […]
Daimler Shocks Investors With Profit Warning For 2018
Daimler Shocks Investors With Profit Warning For 2018. “Global demand for premium cars may have peaked and Daimler’s supply chain costs are likely to rise if the trade war intensifies,” Daimler shocked investors with news the profits of the maker of Mercedes Benz autos and trucks would be cut by about 10% this year because […]
Daimler Profits Dive And Worse To Come
Daimler Profits Dive And Worse To Come. Company Splits Into 3; Cars, Trucks And Mobility. Daimler hit investors with a 30 per cent drop in profits and then shocked them with a forecast that profits for the year are under threat from currency problems, tariff obstacles in China and new E.U. fuel economy […]
Daimler Warns Trade Turmoil Will Hit Profits
Daimler Warns Trade Turmoil Will Hit Profits “As an industry rule, usually the first profit warning is not the last” Mercedes Benz parent company Daimler warned that its profits might be hit by a combination of factors including the possibility of a trade war between the U.S. China and Europe, and the mounting costs of […]
Geely Purchase Of Mercedes Stake Prompts Hopes, Fears
Geely Purchase Of Mercedes Stake Prompts Hopes, Fears. Could It Delay The Expected Truck Float? “Geely won’t be the last to make a move on German auto assets” Investors wondered how to figure out the significance of Zhejiang Geely Holding Group’s purchase for around $9 billion of a close to 10 per cent stake in […]
Daimler Profit Slides After Emissions Snafu Charges
Daimler Profit Slides After Emissions Snafu Charges. Investors Worry About Technology Costs, As Product Charge Ends. Why Is Truck, Car, Finance Independence Taking So Long? “But cycle worries remain an overhang for the sector and particularly given Mercedes’ strong product momentum to date” Daimler’s profit dived 14.4 per cent in the third quarter, hit by […]
Daimler Strong Profit Performance Outweighed By Future Fears
Daimler Strong Profit Performance Outweighed By Future Fears. Investors See Unavoidable Big Electric Vehicle, Autonomy Spending. “We think we’re probably getting close to being as good as it gets from Mercedes” Daimler surprised stock markets with an early report that first quarter profits were much bigger than expected, but the stock then continued its slow […]
Daimler Raises Profit But Investors Shy About Global Picture
Daimler Raises Profit But Investors Shy About Global Picture. “we fear that a stock needs a very compelling and company-specific equity story. This applies to VW’s turnaround rather than Daimler or BMW” Daimler is respected by investors for the turnaround it has engineered for its Mercedes luxury car subsidiary, but they are also wary that […]
Daimler Surprises Investors With Unexpected Profit Rise
Daimler Surprises Investors With Unexpected Profit Rise. Mercedes New E-class Rollout Will Help Too. “a strong quarter and even a strong 2016 do not change the cycle” Mercedes parent Daimler surprised investors with a solid increase in profits which beat market estimates, but reaction was mixed. Daimler announced “preliminary” earnings […]