|Day Low/High||14.28 / 14.46|
|52 Wk Low/High||13.95 / 23.57|
Carmakers are getting into software, the future of driving.
STUTTGART, Germany, Oct. 19, 2018 /PRNewswire/ -- As a result of current developments, Daimler AG today reassessed its earnings outlook for the year 2018 for the Mercedes-Benz Cars and Daimler Buses divisions and for the Daimler Group.
STUTTGART, Germany, Oct. 8, 2018 /PRNewswire/ -- Bodo Uebber has informed the Chairman of the Supervisory Board, Manfred Bischoff, that he does not intend to extend his contract of service, which runs until the end of 2019.
Electric Initiative in the U.S. well on track
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.
Global stocks traded mixed Wednesday, as a continued rebound for markets in Asia boosted sentiment ahead of today's Federal Reserve interest rate decision was offset by a weaker start to European trading, as investors continue to worry about the underlying impact of the U.S. China trade war and the ongoing rise in crude oil prices.
Daimler said Wednesday that long-serving CEO Dieter Zetsche would step down as CEO of the luxury automaker next year, and move to the supervisory board, in order to make room for new boss Ola Kaellenius in one of the biggest management shakeups for the iconic German group in decades.
STUTTGART, Germany, Sept. 26, 2018 /PRNewswire/ -- Supervisory Board prepares succession at an early stage Dieter Zetsche to be elected as member of the Supervisory Board in 2021 Ola Källenius to be appointed for a new term of five years as Chairman of...
European carmakers lead markets higher Tuesday, following last night's rally for U.S. auto stocks on Wall Street, following news of a potential overhaul of the North American Free Trade Agreement that could ease tensions between Washington and Brussels and spare the sector from fresh tariffs.
Global oil prices extend gains Tuesday, taking U.S. crude closer to $70 a barrel, as President Donald Trump's decision to renew 'snap back' sanctions on Iran rattles investors.
Volkswagen fell to the bottom of the market in Germany Wednesday, dragging European rivals lower, after the world's second-largest carmaker warned the "growing protectionism" could make it more difficult to meet near-term financial targets even after posting much stronger-than-expected second quarter earnings.
STUTTGART, Germany, July 26, 2018 /PRNewswire/ -- Board of Management and Supervisory Board of Daimler AG approve divisional structure of the Group Future structure of three legally independent entities - Mercedes-Benz AG, Daimler Truck AG and Daimler...
European carmakers surged Thursday trading following last night's trade agreement between the European Union and the United States that included a "major concession" on auto tariffs from President Donald Trump.
STUTTGART, Germany, July 26, 2018 /PRNewswire/ -- Unit sales increased to 833,000 vehicles (+1%) Revenue of €40.
- Bosch and Daimler to source Drive Pegasus platform AI processors and software supplied by the U.S. AI computing company Nvidia.
-- Fully-automated, driverless driving in the city requires the highest level of functional safety -- Bosch and Daimler possess know-how from the individual component and the entire vehicle to the operator model -- In 2019 a major city in the Silicon...
Harley-Davidson and Daimler AG aren't the only ones who have been forced to change their business models by the trade war.
Here's a running list of businesses that have already felt the consequences of trade tariffs
Global stocks were mixed in early Thursday trading, with solid gains in Europe helping Wall Street futures firmly into the green, even as continued weakness in Asia suggests investors remain very concerned about an imminent trade war between the US and China.
Germany's Handelsblatt newspaper says US Ambassador Richard Grenell told car executives that President Trump has offered a "zero tariff" solution on auto imports that would end an impasse on trade between two of the world's three largest markets.
New moves by U.S. lawmakers to limit foreign investment could signal a new shift in the simmering global trade war as stocks fall and U.S. bond yields signal slowing economic growth.
German car stocks turned red Tuesday after President Donald Trump said the U.S. was close to finishing a study on tariffs for the European auto sector.
President Trump may be betting that the U.S. economy, which is growing faster than Europe's and is less dependent on exports than either Europe or China, is better equipped to withstand a trade war.
BlackBerry CEO John Chen weighs in on the escalating trade war between the U.S. and China.
President Donald Trump's plans to slap fresh tariffs on car imports would be " broadly credit negative for the global auto industry", a new Moody's report cautioned Monday.
Global stocks fell sharply Monday, taking Dow futures around 150 points into the red, as President Donald Trump continues to suggest the U.S. will escalate trade tensions with both China and Europe later this week.
German automakers extended their recent slump Friday after President Donald Trump threatened a new round of tariffs on European imports amid the escalating global trade war.
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