Following Volkswagen, Daimler now comes under pressure: The shares of the Stuttgart-based carmaker have fallen after a report on US emissions investigations. BMW also suffered losses. Dieter Zetsche, CEO of Daimler AG Monday, 19.02.2018 11:46 clock shares from Daimler have on the stock market after one Newspaper report lost value in the wake of the… Continue reading Daimler shares fall by almost two percent
Tag: Financial Results
Daimler boss earns one million euros more
The carmaker Daimler has a strong year behind it – the salary of the boss is correspondingly high. Dieter Zetsche Tuesday, 13.02.2018 12:16 clock Daimler CEO Dieter Zetsche will receive around 8.6 million euros in 2017, one million more than in the previous year. This emerges from the annual report published on Tuesday by the… Continue reading Daimler boss earns one million euros more
The sins of the past cost
Daimler once again significantly increased its sales in the third quarter. On the bottom line, there was less left over than the analysts expected. Daimler CEO Dieter Zetsche Friday, 20.10.2017 10:02 clock The car and truck builder Daimler In the third quarter, it made less operating profit, partly because of special warranty costs and the… Continue reading The sins of the past cost
US tax reform brings Daimler and BMW billions
Too many Mercedes-Benz on 5th Avenue: Just a year ago, Donald Trump threatened German car manufacturers with import duties. However, BMW and Daimler are now benefiting from the tax reform of the US president. Cars from Mercedes-Benz Friday, 22.12.2017 20:59 clock The carmaker Daimler and BMW Expect billions of extra profits for the tax reform… Continue reading US tax reform brings Daimler and BMW billions
Sixt becomes entangled in contradictions
According to SPIEGEL information about Sixt, Daimler hired a Tesla from private individuals and battered the car during tests. Now the car rental company reacted – and tried to reinterpret the process. Tesla vehicles Thursday, 07.12.2017 16:19 clock A car company procured by a vehicle rental in a pair of entrepreneurs a model of the… Continue reading Sixt becomes entangled in contradictions
Daimler makes more profit – despite the diesel crisis
Diesel crisis and cartel allegations could not harm Daimler: The Stuttgart-based group sold more cars in 2017 and made big profits. Employees can look forward to high premiums. Getty Images Daimler headquarters in Sindelfingen Thursday, 01.02.2018 15:01 clock The Stuttgart-based carmaker Daimler sold significantly more cars in 2017 and posted record sales and earnings. Despite… Continue reading Daimler makes more profit – despite the diesel crisis
Faurecia Announces First-Half 2018 Results
AUBURN HILLS, Mich., July 20, 2018 /PRNewswire/ — in €m H1 2017* H1 2018 Change Sales 8,545.2 8,991.3 +10.9%** Operating income 582.7 647.2 +11.1% as % of sales 6.8% 7.2% +40bps Net income, Group share 310.4 342.0 +10.2% Net cash flow 210.5 247.0 +17.3% Net debt at the end of the period 413.8 465.2 +12.4%… Continue reading Faurecia Announces First-Half 2018 Results
Second charge mortgage new business stable in Q1 2018
11 May 2018
New figures released today by the Finance & Leasing Association (FLA) show that second charge mortgage new business fell 10% by value and 13% by volume in March, compared with the same month in 2017. In Q1 2018 as a whole, new business increased 1% by volume compared with the same quarter in 2017.
Fiona Hoyle, Head of Consumer and Mortgage Finance at the FLA, said:
“March was a quieter month for the consumer credit markets in general. These latest figures show a stable picture for new business volumes in the first quarter overall.”
Table 1: New second charge mortgage lending
Mar 2018
% change on prev. year
3 months to Mar 2018
% change on prev. year
12 months to Mar 2018
% change on prev. year
Value of new business (£m)
86
-10
244
0
1,023
+15
Number of new agreements (No.)
1,826
-13
5,213
+1
22,007
+11
Note to editors:
FLA members in the consumer finance sector include banks, credit card providers, store card providers, second-charge mortgage lenders, motor finance providers, personal loan and instalment credit providers.In 2017, FLA members provided £128 billion of new finance to UK businesses and households. £96 billion of this was in the form of consumer credit, representing over a third of total new consumer credit written in the UK in 2017.For media enquiries, please contact the FLA press office on 020 7420 9656.
Aptiv Announces Dividend
GILLINGHAM, England, Dec. 7, 2017 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a technology company that develops safer, greener and more connected solutions for its global customers, today announced that its Board of Directors declared a quarterly cash dividend of $0.22 per ordinary share, or $0.88 per ordinary share annualized. The dividend is payable on February 14, 2018, to… Continue reading Aptiv Announces Dividend
China’s Uber-Like Trucking Unicorns Merge As Sharing Economy Consolidates
After years of explosive growth, China’s vast sharing economy is entering consolidation mode. The latest merger news comes from Chinese Uber-like truck logistics leaders Yumanman and Huochebang, both valued at US$1 billion on China Money Network’s China Unicorn Ranking. The deal may herald more mega-mergers in the sharing space due to intense competition and overlapping business… Continue reading China’s Uber-Like Trucking Unicorns Merge As Sharing Economy Consolidates