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Daimler AG (DDAIF.PK)

DDAIF.PK on OTC Markets Group

79.62USD
20 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Turo raises $92m series D, acquires Daimler's Croove
Wednesday, 6 Sep 2017 07:01am EDT 

Sept 6 (Reuters) - Daimler Ag :Turo raises $92m series D, acquires Daimler's Croove to continue global expansion.Turo- Series D funding brings company's total funding to $193 million.Turo - Turo will also acquire Croove, leading peer-to-peer car sharing marketplace in Germany, from Daimler​.Turo - Daimler and SK Holdings led the series D funding round​.  Full Article

Daimler North America says Mercedes-Benz Vans sets up JV with US start-up Via​
Monday, 4 Sep 2017 08:20am EDT 

Sept 4 (Reuters) - Daimler North America::‍Innovative on-demand shared ride service to launch in Europe: Mercedes-Benz Vans sets up joint venture with US start-up Via​.‍Daimler North America - Mercedes-Benz Vans invests 50 million US dollars in new joint venture with Via​.‍daimler North America - Daimler Mobility Services additionally joins in as a strategic investor in Via​.‍Daimler North America - Through joint venture, Mercedes-Benz Vans and Via will bring Via's on-demand shuttle service to European metropolises​.  Full Article

Mercedes-Benz USA reports August sales of 25,373 units
Friday, 1 Sep 2017 01:15pm EDT 

Sept 1 (Reuters) - Mercedes-Benz USA::Mercedes-Benz USA says August sales of 25,373 units, compared to 28,404 vehicles sold during the same month last year.  Full Article

Mercedes-Benz USA reports July sales of 25,909 units
Tuesday, 1 Aug 2017 02:05pm EDT 

Aug 1 (Reuters) - Mercedes-Benz USA::July sales of 25,909 units, compared to 28,523 vehicles sold during the same month last year.  Full Article

Daimler CFO: continues to expect good business in China in H2
Wednesday, 26 Jul 2017 09:02am EDT 

July 26 (Reuters) - Daimler :Chief Financial Officer (CFO) Bodo Uebber says Daimler is sticking to 40 percent payout ratio as a guidance for dividend, final decision to be taken next year.CFO says continues to expect good business in China in the second half of 2017.  Full Article

Daimler to make electric Mercedes Sprinter in Duesseldorf
Monday, 10 Jul 2017 04:32am EDT 

July 10 (Reuters) - Daimler AG :Says Mercedes-Benz electric-drive Sprinter van will roll off production line in Duesseldorf, lead Sprinter plant worldwide.At Duesseldorf plant around 300 million euros are being invested in production of next-generation Sprinter.Hermes Germany will, as part of a strategic partnership, be deploying 1500 Mercedes-Benz electric Vans for its parcel deliveries in coming years - including vehicles from Sprinter model series.  Full Article

Daimler and BAIC invest in localization of battery electric vehicles in China
Wednesday, 5 Jul 2017 06:38am EDT 

July 5 (Reuters) - DAIMLER AG ::DAIMLER AND BAIC <<<1958.HK>>> JOINTLY INVEST IN THE LOCALIZATION OF BATTERY ELECTRIC VEHICLES IN CHINA.TWO COMPANIES PLEDGED TO JOINTLY INVEST A TOTAL OF FIVE BILLION RMB (ABOUT 655 MILLION EUROS) IN PRODUCTION OF BATTERY ELECTRIC VEHICLES.  Full Article

Mercedes-Benz USA reports June sales of 28,994 units, up 1.8 pct
Monday, 3 Jul 2017 11:30am EDT 

July 3 (Reuters) - Mercedes-Benz USA::June sales of 28,994 units, an increase of 1.8 percent.  Full Article

Mercedes-Benz USA says May sales volume at 26,893 units, a decrease of 8.2 pct from a year earlier‍​
Thursday, 1 Jun 2017 04:11pm EDT 

June 1 (Reuters) - Daimler AG ::Mercedes-Benz USA -may sales volume at 26,893 units, a decrease of 8.2 pct from the 29,299 vehicles sold during the same month last year‍​.  Full Article

Daimler says acquires 15 percent in LSH Auto International
Tuesday, 23 May 2017 10:21am EDT 

May 23 (Reuters) - Daimler AG :Says acquires 15 percent in LSH Auto International.Daimler and Lei Shing Hong foster further cooperation with Daimler's acquisition of 15 pct of LSH Auto International Limited.Lei Shing Hong Group, headquartered in Hong Kong, is one of the world's biggest dealer groups for Mercedes-Benz cars.  Full Article

Japan's Pioneer teams up with digital mapping company HERE

FRANKFURT, Sept 19 Pioneer and digital mapping group HERE said on Tuesday they had agreed to invest in one another so the companies can develop maps for autonomous driving services.