Munich Daimler has always had a dubious reputation among investors. Some major shareholders even recommended that the carmaker simply no longer provide any forecast on business development in the future. Too often, the Dax group has given its investors hope in recent years with grandiose promises of returns and shocked them a little later with… Continue reading German Handelsblatt: Mercedes manufacturer: Stack low, surprise positively: How Daimler suddenly scores with investors000558
Tag: Daimler
@Daimler: Preliminary results for the third quarter 2020 above market expectations
Stuttgart (Germany) – Daimler has seen a faster than expected market recovery and a particularly strong September performance. This, combined with diligent cost discipline, extensive cash preservation measures and further efficiency enhancements means that Industrial Free Cash Flow, Daimler Group EBIT adjusted, Mercedes-Benz Cars & Vans EBIT adjusted, Daimler Trucks & Buses EBIT adjusted and… Continue reading @Daimler: Preliminary results for the third quarter 2020 above market expectations
@Daimler: 03. Sep 2020Daimler issues first green bond
September 03, 2020 – With its first green bond Daimler is steadily advancing towards CO₂-neutral technologies and services. The benchmark Eurobond issued by Daimler was more than 4-times oversubscribed and driven by a high-quality orderbook. The issuance was arranged by BBVA, BNP Paribas, Commerzbank, Crédit Agricole, SEB and Unicredit. 1 billion volume 10 years term… Continue reading @Daimler: 03. Sep 2020Daimler issues first green bond
@Daimler: 16. Oct 2020Preliminary results for the third quarter 2020 above market expectations and positive impact for the remainder of the year […]
October 15, 2020 – Daimler has seen a faster than expected market recovery and a particularly strong September performance. This, combined with diligent cost discipline, extensive cash preservation measures and further efficiency enhancements means that Industrial Free Cash Flow, Daimler Group EBIT adjusted, Mercedes-Benz Cars & Vans EBIT adjusted, Daimler Trucks & Buses EBIT adjusted… Continue reading @Daimler: 16. Oct 2020Preliminary results for the third quarter 2020 above market expectations and positive impact for the remainder of the year […]
German Handelsblatt: Car manufacturer: Daimler feels the market recovery – operating profit higher than expected000552
Daimler logo The Daimler share rose four percent after the trading day. (Photo: obs) Berlin, Stuttgart According to its own information, the car manufacturer Daimler has experienced a faster market recovery than expected and recorded strong business development, especially in September. The strict cost discipline and the other measures to increase efficiency also had an… Continue reading German Handelsblatt: Car manufacturer: Daimler feels the market recovery – operating profit higher than expected000552
Porsche commits to Responsible Mica Initiative
German sports car manufacturer Porsche has joined the ‘Responsible Mica Initiative’ (RMI), a cross-industry coalition of international companies and non-governmental organisations campaigning for transparency and improved working conditions in mica mining. The raw material is used in numerous industrial and cosmetic products. With this announcement, Porsche becomes the second automotive brand after Daimler AG to… Continue reading Porsche commits to Responsible Mica Initiative
Exclusive: PSA to ditch its two small gasoline city cars, sources say
By Gilles Guillaume 4 Min Read PARIS (Reuters) – PSA PEUP.PA is ending the production of Peugeot and Citroën small city cars, three sources told Reuters, withdrawing from an increasingly unprofitable market as its starts a strategic review ahead of its planned merger with Fiat Chrysler FCHA.MI. A Peugeot logo is seen on a car… Continue reading Exclusive: PSA to ditch its two small gasoline city cars, sources say
Ford to pair with rivals to avoid EU fines over emissions
US group joins Daimler and VW in scrambling to meet rules brought in this year Go to Source
Eindhoven University students develop waste-free car using UBQ material
Every year, Netherland-based student company TU / ecomotive produces an electric car with a team of 21 BA students from the Eindhoven University of Technology, in the aim of showing the world that the hypothetical, sustainable car of the future, can be a reality today. The design of the sixth TU/ecomotive car, Luca, was revealed on October 8, 2020. With this zero-waste car, the team wants to show that waste… Continue reading Eindhoven University students develop waste-free car using UBQ material
@Daimler: 40 years ago: Premiere for the electrically-driven prototype van Mercedes-Benz 307 E
The van was based on the TN van model series, also called the T 1 No loss of load compartment space thanks to underfloor battery Large-scale tests in Berlin and Bonn The battery technology of that time was still far from ready for series production Stuttgart. As an innovation-driven brand, Mercedes-Benz has always focused on developing new… Continue reading @Daimler: 40 years ago: Premiere for the electrically-driven prototype van Mercedes-Benz 307 E