April 23, 2020 – As a result of the COVID-19 pandemic, market expectations for Daimler’s first quarter 2020 appear to show a large degree of variation. Against this background Daimler announces the following: Preliminary figures for the first quarter 2020 are in line with our earlier communicated trend Daimler Group EBIT: 617mn EUR (Q1-19: 2,798mn… Continue reading @Daimler: 23. Apr 2020Preliminary results for the first quarter 2020 and outlook for the financial year 2020
Tag: Daimler
Sweden’s Volvo hit by cancelled orders as pandemic creates ‘new normal’
STOCKHOLM (Reuters) – Sweden’s AB Volvo (VOLVb.ST) on Thursday warned of stalling truck orders and a challenging adjustment to a “new normal” of feebler demand after reporting a smaller-than-expected fall in quarterly operating earnings helped by service sales. FILE PHOTO: The logo of Swedish truck maker Volvo is pictured at the IAA truck show in… Continue reading Sweden’s Volvo hit by cancelled orders as pandemic creates ‘new normal’
German carmaker Daimler puts CO2 neutral fleet at core of its sustainability efforts
BERLIN, April 22 (Xinhua) — Daimler published its sustainability report 2019 on Wednesday and reiterated the company's target to have a fully carbon-neutral passenger car fleet by 2039.
“One of the key fields of action at Daimler is to reduce CO2 emissions,” the company stated.
Daimler planned to “significantly increase” the sales of passenger cars with plug-in hybrid drive systems and all-electric drive systems to more than 50 percent by 2030.
At Daimler's flagship brand Mercedes-Benz Cars, the waste level for each vehicle produced had fallen by 25 percent compared with 2013/2014 while energy consumption had dropped by ten percent, the company announced.
The Science Based Targets Initiative by various NGOs as well as the UN had already confirmed in 2019 that Daimler's CO2 targets were in accordance with the Paris Climate Agreement, according to Daimler.
On Tuesday, Daimler announced that Daimler Truck AG and carmaker Volvo would form a joint venture for large-scale pro..
Volvo beats first-quarter forecasts but warns of truck order cancellations
STOCKHOLM (Reuters) – Sweden’s AB Volvo (VOLVb.ST) on Thursday warned of weakening truck demand despite reporting a smaller-than-expected fall in quarterly operating earnings helped by service sales. FILE PHOTO: The logo of Swedish truck maker Volvo is pictured at the IAA truck show in Hanover, September 22, 2016. REUTERS/Fabian Bimmer/File Photo Its net order intake… Continue reading Volvo beats first-quarter forecasts but warns of truck order cancellations
Truck maker Volvo profit falls less than expected amid pandemic pain
FILE PHOTO: The logo of Swedish truck maker Volvo is pictured at the IAA truck show in Hanover, September 22, 2016. REUTERS/Fabian Bimmer/File Photo STOCKHOLM (Reuters) – Sweden’s AB Volvo (VOLVb.ST) reported a smaller-than-expected fall in quarterly operating earnings on Thursday as service sales held up in the face of tumbling sales and orders of… Continue reading Truck maker Volvo profit falls less than expected amid pandemic pain
@Daimler: Preliminary results for the first quarter 2020 and outlook for the financial year 2020
As a result of the COVID-19 pandemic, market expectations for Daimler’s first quarter 2020 appear to show a large degree of variation. Against this background Daimler announces the following: Preliminary figures for the first quarter 2020 are in line with our earlier communicated trend: Daimler Group EBIT: 617mn EUR (Q1-19: 2,798mn EUR);adjusted EBIT 719mn EUR… Continue reading @Daimler: Preliminary results for the first quarter 2020 and outlook for the financial year 2020
@Groupe PSA: First quarter 2020 sales
in €m Q1 2019 Q1 2020 Reported At constant scope & curr. Sales 4,325 3,739 -13.5% -19.7% By region Europe North America Asia South America Rest of the World 2,217 1,117 798 150 43 1,931 1,014 635 127 32 -12.9% -9.2% -20.4% -15.2% -26.2% -16.4% -18.3% -33.9% -2.1% -21.5% Q1 SALES IMPACTED BY COVID-19 DISRUPTION… Continue reading @Groupe PSA: First quarter 2020 sales
Daimler resumes engine production at Mercedes in Germany
A worker assembles an engine for a Mercedes-Benz S-class model at the Daimler Powertrain plant in Bad Cannstatt, as the spread of the coronavirus disease (COVID-19) continues near Stuttgart, Germany, April 22, 2020. REUTERS/Andreas Gebert STUTTGART (Reuters) – Mercedes-Benz is ramping up engine production at its plant in Bad Cannstatt, Stuttgart, this week after Germany… Continue reading Daimler resumes engine production at Mercedes in Germany
@Daimler: SpurWechsel – Daimler Sustainability Report 2019
The Daimler AG Sustainability Report 2019, with the title “SpurWechsel”, will be published on April 22, 2020. As well as the main report section itself, one of the main features this time around is a chapter about strategic sustainability objectives and fields of action. The name SpurWechsel sums it up neatly: the focus is on… Continue reading @Daimler: SpurWechsel – Daimler Sustainability Report 2019
Meritor Earns Daimler Supplier Award
All Meritor offices will be closed July 4, 2018 in observation of the holiday.