Key Developments: Daimler AG (DAIGn.DE)

DAIGn.DE on Xetra

24 Apr 2015
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Latest Key Developments (Source: Significant Developments)

Daimler issues 3 bln yuan panda bond with 4.8 pct coupon - Reuters
Thursday, 9 Apr 2015 09:57am EDT 

Daimler AG:Sold a one-year 3 billion yuan bond with coupon of 4.8 percent to diversify its refinancing base and fund its expansion in China - Reuters.  Full Article

Daimler AG and Renault-Nissan Alliance will expand their five-year strategic cooperation into the pickup truck segment
Tuesday, 7 Apr 2015 10:35am EDT 

Daimler AG:Nissan and Daimler to jointly develop midsize pickup truck.Mercedes-Benz pickup to share some of the architecture with the all-new Nissan NP300.Mercedes-Benz vehicle to be engineered and designed by Daimler to meet specific needs of its customers.Mercedes-Benz pickup will target Europe, Australia, South Africa and Latin America Pickup trucks to be built in Barcelona, Spain, and Cordoba, Argentina.Latest milestone in the five-year strategic cooperation between Daimler and the Renault-Nissan Alliance.  Full Article

Daimler AG's Mercedes recalling 30,000 CLS-class cars - AP
Monday, 23 Mar 2015 08:00pm EDT 

Daimler AG:Daimler AG's Mercedes-Benz is recalling just over 30,000 CLS-Class cars in the U.S. because the LED tail lamps may not light properly on the sides - Associated Press.The recall covers certain 2015 CLS 400s, 2012 through 2015 CLS 550s, 2012 and 2013 CLS 63s and the 2014 and 2015 CLS 63P.The problem was discovered in December during a quality check at the factory.  Full Article

Daimler AG's Mercedes recalls 147,000 cars in U.S. for engine fire risk - Reuters
Sunday, 22 Feb 2015 03:52pm EST 

Daimler AG:Daimler AG's Mercedes-Benz is recalling more than 147,000 mid-size sedans and station wagons from 2013-2015 to check for risk of engine fires, the U.S. safety regulator said - Reuters.The cars have a rubber seal in the engine compartment that can fall onto the exhaust system, increasing the risk of an under-hood fire, according to the National Highway Traffic Safety Administration.Among the cars being recalled are versions of the CLS-class sedan and the E-class sedan and wagon.Mercedes said U.S. dealers will begin notifying owners and repairing the cars in mid-March.  Full Article

Daimler AG recalls 149,000 Mercedes cars in China and Germany - Reuters
Monday, 16 Feb 2015 11:10am EST 

Daimler AG:Is recalling about 149,000 Mercedes cars in China and Germany for safety reasons - Reuters.The company had realized that insulating panel seals in the engine bay could come loose, and in rare cases could come into contact with hot components.Daimler knew of 127,000 affected E-Class and CLS-Class vehicles in China and 22,000 in Germany.  Full Article

Daimler AG to propose FY 2014 dividend; comments on FY 2015 outlook
Wednesday, 4 Feb 2015 07:00pm EST 

Daimler AG:Will propose an increase in dividend to 2.45 euros per share (prior year: 2.25 euros per share) for FY 2014.Outlook for 2015: significant growth expected of unit sales, revenue and EBIT from ongoing business.  Full Article

AkzoNobel signs global supply agreement with Daimler AG
Tuesday, 2 Dec 2014 08:03am EST 

Daimler AG:Signs an agreement with AkzoNobel Performance Coatings making the company one of the approved suppliers of vehicle refinishes to Daimler dealerships and approved bodyshops worldwide.Contract covers the supply and support of AkzoNobel's Sikkens brand to the company's dealership network including Mercedes-Benz, Smart, and Mercedes-Benz commercial vehicles.  Full Article

Daimler AG's Mercedes launches new C-Class-Business Standard
Tuesday, 25 Nov 2014 03:43am EST 

Daimler AG:Launched new generation C-Class sedan in India-Business Standard.The company has launched the new C-Class with petrol engine and plans to launch the diesel variant of the car next year.  Full Article

Daimler AG updates on FY 2014 outlook
Thursday, 23 Oct 2014 01:40am EDT 

Daimler AG:Expects EBIT from ongoing business in FY 2014 to be significantly higher than in FY 2013.Expects significant growth in unit sales and revenue anticipated for FY 2014.Reported revenue of 117.982 bln euros and EBIT of 10.815 bln euros in FY 2013.FY 2014 revenue of 125.487 bln euros and EBIT of 10.372 bln euros - Thomson Reuters I/B/E/S.  Full Article

Linde, Daimler AG and partners to build new hydrogen fuelling stations in Germany
Wednesday, 8 Oct 2014 03:00am EDT 

Linde AG, Daimler AG:Say Daimler and Linde Group to team up with oil and gas companies TOTAL, OMV, Avia and Hoyer this year to significantly increase number of hydrogen fuelling stations in Germany.Say two companies are investing around 10 million euros in ten fuelling stations each.  Full Article


Strong sales boost Renault shares as tensions with France simmer

PARIS - Renault shares powered to a seven-year high on Friday as forecast-beating quarterly sales overshadowed signs of growing tensions with the French government over its influence on the carmaker.

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