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STUTTGART, Germany, July 23, 2019 /PRNewswire/ -- Ola Källenius, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars: "We are very pleased that our long-standing partner BAIC is now a long-term investor in Daimler.
U.S. equity futures extended gains Friday, following on from record high closes for both the Dow and the S&P 500 last night, as investors continue to expect interest rate support from the Federal Reserve while betting on underlying strength of the domestic economy.
Daimler shares traded in Frankfurt Friday after the luxury carmaker issued its second profit warning in as many months as it joins domestic rival BMW in seeing significant headwinds in 2019.
U.S. stocks look set to test all time highs again Monday, following a third consecutive weekly gain for all three benchmarks on Wall Street, as investors continue to bet that central bank support will boost global equities and this weekend's G20 Summit in Osaka will trigger a breakthrough in U.S.-China trade talks.
U.S. stock futures rise as investors look to the upcoming G-20 summit in Osaka, Japan, for a breakthrough in U.S.-China trade talks; Eldorado Resorts agrees to merge with Caesars Entertainment; FedEx is forced to issue its second apology in as many months for failing to complete the shipping of a package linked to China's Huawei.
Daimler shares traded sharply lower in Frankfurt Monday after the luxury automaker issued a surprise 2019 profit warning linked to the increased cost of meeting European and global emissions standards.
President Donald Trump's move to slap tariffs on goods imported from Mexico into the United States hammered the stocks of automakers Friday as investors counted the cost of price increases on one of the world's biggest car-production markets.
Global stocks slumped Friday, pulling Wall Street futures sharply into the red, as investors reacted to a surprise move by President Donald Trump to slap tariffs on U.S. imports from Mexico.
BLACKSBURG, Va. and PORTLAND, Ore.
BERLIN, May 22, 2019 /PRNewswire/ -- Annual Meeting in Berlin with about 5 ,000 shareholders clears the way for legally independent entities for car and van business and for truck and bus business Manfred Bischoff, Chairman of the Supervisory Board of...
BERLIN, May 22, 2019 /PRNewswire/ -- Annual Meeting in Berlin: shareholders to vote on new Group structure Sustainability to be anchored even more firmly in corporate strategy Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of...
U.S. stocks traded higher Wednesday, reversing sharp earlier declines, following a report that President Donald Trump may delay a decision to apply tariffs on automobiles imported into the United States for up to six months.
FARMINGTON HILLS, Mich., May 13, 2019 /PRNewswire/ -- Jörg Lamparter, Head of Mobility Services, to become Daimler Financial Services AG Board Member, leading newly created Digital and Mobility Solutions division, effective June 1, 2019 Benedikt Schell,...
STUTTGART, Germany, May 13, 2019 /PRNewswire/ -- Over the next 20 years, Mercedes-Benz Cars aims to have a carbon-neutral new passenger car fleet and aims to have plug-in hybrids or all-electric vehicles to make up more than 50% of its car sales by 2030.
STUTTGART, Germany, April 26, 2019 /PRNewswire/ -- First-quarter Group unit sales down 4% to 773,800 units Revenue stable at €39.
Mercedes, Kia, and Subaru all showed off all-new SUVs at the 2019 New York Auto Show that could add comfort and style to your daily commute.
BMW shares tumbled Wednesday after the luxury carmaker warned of a "significant decline" in 2019 profits and unveiled a $13.6 billion cost-cutting program.
What makes Nio interesting is its huge potential, likelihood of favorable attention from the Chinese government, and its influential investors.
Daimler shares fell to the bottom of the German market Wednesday after the luxury carmaker posted a sharp decline in fourth quarter profits amid ongoing trade disputes in some of its biggest export markets.
China's automobile market, the world's largest, recorded its first annual decline in more than two decades last year as new car sales slumped amid a slowing economy and rising trade tensions between Washington and Beijing.
U.S. carmakers jump Tuesday, while European auto stocks surge, following a report from Bloomberg that suggested China is ready to substantially reduce tariffs on vehicles made in the United States and sold into the world's biggest car market.
Global stocks edged higher Tuesday, with investors reacting cautiously to progress in U.S.-China trade talks but still unnerved by the ongoing political chaos surrounding Britain's Brexit vote, as bond investor prep for a series of Treasury auctions in the United States.
Germany's benchmark stock index slumped into bear market territory Thursday, following along with steep declines for global stocks, amid concerns that the arrest of the CFO of Huawei Technologies, the world's biggest smartphone maker, could end the uneasy trade war truce between Washington and Beijing.
U.S. automakers surged Monday, while their European rivals booked the biggest single-session gains in more than a year, after President Donald Trump said China had agreed to lower tariffs on cars imported into the world's biggest market following an agreement with Xi Jinping to suspend their simmering trade war at this weekend's G20 summit in Argentina.
General Motors and Daimler are both investing in software to compete with Uber in what is the next leg of the growth of the auto industry.
Carmakers are getting into software, the future of driving.
Stock futures rise as Wall Street anticipates the Federal Reserve will boost interest rates by 25 basis points for the third time in 2018; Nike slides as sales growth and margins disappoint,; Delta resumes flights after a 'technology issue'; Dunkin' drops 'Donuts' from its name.
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