Daimler AG (DAIGn.DE)
HAMBURG/BERLIN European Union and German antitrust officials searched the offices of Daimler and Volkswagen on Monday, widening an inquiry into alleged collusion.
Daimler AG on Friday opened up a new front in its litigation with Amazon.com Inc over the online retail giant's alleged sales of counterfeit vehicle parts.
MUNICH/BRUSSELS BMW's headquarters were raided by European Union officials investigating an alleged cartel among German carmakers, it said on Friday, as rival Daimler claimed whistleblower status in an effort to avoid fines.
* CFO says no plans for IPO with mobility-services platform at present, targeting market leadership
BERLIN Daimler lifted the outlook for its trucks division for a second time in three months on Friday while its overall profit fell on costs related to diesel-engine updates, vehicle recalls and restructuring. | Video
* Daimler asked EU to act as witness in cartel probe -CFO (adds new truck guidance, detail on cartel probe, analyst comments and background)
LONDON (Reuters Breakingviews) - If Daimler’s cars were as slow as its restructuring, the company would have few customers. The Mercedes-Benz parent has problems aplenty, which bumper third-quarter sales do little to change. A plan to carve out its car and truck units might help lift its valuation if that eventually led to a separate listing. But at the current pace of progress, investors have no reason to give the company much credit.
* CFO says no need at present to make provisions for cartel probe Further company coverage:
BERLIN, Oct 20 Daimler's third-quarter operating profit declined, as the cost of making diesel engine cars run cleaner and other special items outweighed record sales of Mercedes-Benz luxury models.
TOKYO, Oct 19 Kobe Steel Ltd's admission that it fabricated specifications on some of its aluminium, copper and other products has left about 500 affected companies scrambling to pin down the potential impact.
|Bayerische Motoren Werke AG (BMWG.DE)||€86.24||+0.23|
|Bayerische Motoren Werke AG (BMWG_p.DE)||€74.45||+0.37|
|Volkswagen AG (VOWG_p.DE)||€144.55||+2.35|
|Volkswagen AG (VOWG.DE)||€149.70||+1.10|
|Ford Motor Company (F.N)||$12.04||--|
|Ford Motor Company (F_pa)||--||--|
|Motors Liquidation Co (MTLQQ.PK)||--||--|
|Porsche Automobil Holding SE (PSHG_p.DE)||€57.94||+0.59|
|Peugeot SA (PEUP.PA)||€20.30||+0.23|
|Renault SA (RENA.PA)||€83.75||+0.35|