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Daimler AG (DAIGn.DE)

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Latest Key Developments (Source: Significant Developments)

Mercedes-Benz USA July sales 28,523 vehicles, up 3.6 pct
Tuesday, 2 Aug 2016 11:43am EDT 

Mercedes-Benz USA:July sales of 28,523 vehicles, increasing 3.6% from 27,526 vehicles sold during same month last year.  Full Article

Daimler AG appoints Britta Seeger to management board
Thursday, 21 Jul 2016 03:14pm EDT 

Daimler AG : Supervisory board appoints Britta Seeger to Daimler management board as head of Mercedes-Benz Cars marketing & sales . Seeger to take on role currently held by Ola Kaellenius .Seeger takes on role effective January 1, 2017 when Kaellenius switches to role of R&D chief.  Full Article

Daimler says Mercedes-Benz return on sales shrinks to 6.4 pct
Thursday, 21 Jul 2016 01:39am EDT 

Daimler : Says Q2 net profit 2.452 billion eur . Says Q2 revenue 38.616 billion eur . Says Q2 Mercedes-Benz Cars return on sales 6.4 percent .Says Q2 Mercedes-Benz Cars adjusted return on sales 10.0 percent.  Full Article

Daimler says Q2 adj EBIT significantly better than expectations
Monday, 11 Jul 2016 02:02pm EDT 

Daimler AG : adhoc: Daimler AG: Daimler group's Ebit adjusted for special reporting items significantly better than market expectations in second quarter 2016 . Says group Ebit adjusted for special reporting items sums up to eur 3,973 million (Q2 2015: eur 3,764 million) . Says outlook for group Ebit 2016 adjusted for special reporting items remains unchanged .Says expects group Ebit adjusted for special reporting items will slightly increase in 2016.  Full Article

Daimler says Mercedes-Benz June sales up 11.1 pct
Wednesday, 6 Jul 2016 04:33am EDT 

Daimler : Says mercedes-benz global sales up 11.1 percent in june to 188,444 vehicles . Says mercedes-benz global sales up 12.1 percent from jan-june . Says mercedes-benz june sales rose 13.7 percent in europe, up 21.4 percent in china, up 1.5 percent in u.s. Further company coverage: [DAIGn.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Daimler trucks chief says cannot rule out further U.S. job cuts
Wednesday, 8 Jun 2016 04:00am EDT 

Daimler AG : Trucks chief sees tough competition on pricing in Europe . Trucks chief says cannot rule out further job losses in U.S. . Trucks chief says need no further cost-cut programme, division is well place to grow profitably . Trucks chief says expect strong growth in high-cost trucks in China by 2025 . Trucks chief optimistic to hit long-term sales, Ebit margin target . Trucks chief sees 2016 operating margin rather below 2015 level of 7.2 percent . Trucks chief says Q2 large U.S. orders below expectations, may grow by year-end Further company coverage: [DAIGn.DE] ((frankfurt.newsroom@thomsonreuters.com; +496975651270;)).  Full Article

Daimler Trucks North America to cut about 1,240 jobs
Monday, 6 Jun 2016 08:32pm EDT 

Daimler Trucks North America : Will reduce headcount across North American production facilities by about 1,240 workers . Job cuts to impact workers at Mount Holly, North Carolina, Gastonia, Portland, Oregon, Santiago, Mexico facilities . Presently no plans for additional job cuts at facilities in cleveland, north carolina or saltillo, mexico (Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223 8780).  Full Article

Daimler to lay off more than 1,200 workers in North America- WSJ
Monday, 6 Jun 2016 06:12pm EDT 

:Daimler AG to lay off more than 1,200 workers at three plants in U.S. and one in Mexico - WSJ.  Full Article

Mercedes-Benz USA says May vehicle sales down 1 pct
Wednesday, 1 Jun 2016 12:41pm EDT 

Mercedes-Benz USA : Mercedes-Benz USA reports may sales of 29,299 vehicles, down 1.0% for the month Further company coverage: [DAIGn.DE] (Bengaluru Newsroom; +1 646 223 8780; ).  Full Article

Daimler AG to invest 500 mln euros in new engine plant in Poland
Wednesday, 4 May 2016 04:00am EDT 

Daimler AG:To invest around 500 million euros in new engine plant in Poland.  Full Article

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VW's new division takes aim at Uber-style competition

LONDON Volkswagen launched a new digital business division on Monday to take on services such as Uber , shifting its focus beyond selling cars to catering for customers who prefer to pay for use rather than own a vehicle.