daimler ag-registered shares (DDAIF) Key Developments
Beijing Automotive Reportedly Eyes Daimler
Aug 28 15
Daimler AG (XTRA:DAI) has indicated that it is open to new Chinese long-term shareholders, amid reports that Beijing Automotive Group Co., Ltd. is interested in acquiring a stake in Daimler, reports Reuters.
Mercedes-Benz to Launch New S-Class Cabriolet at Frankfurt Motor Show
Aug 26 15
Mercedes-Benz announced it is launching its new S-Class Cabriolet at the 2015 Frankfurt Motor Show. The vehicle will be virtually identical to the S-Class Coupe up to the belt line and will have a cloth soft top that will open or close in seconds at the push of a button. The model is to be equipped with a twin-turbocharged 4.7-litre V8 engine modified to generate 449bhp and 516 lb-ft. of torque.
BAIC Reportedly In Talks To Acquire Stake in Daimler
Aug 26 15
BAIC chairman says in talks to buy major stake in Daimler AG (XTRA:DAI), Bloomberg says.
Daimler to Let Go 1,500 Employees in Brazil
Aug 25 15
Daimler is set to lay off 1,500 employees at its truck plant in Brazil, due to a decline in demand in the country. Daimler has cut about 3,000 jobs in Brazil in that time, reducing its workforce in the country to 11,854 by the end of June. It globally has 280,000 employees.
Mercedes-Benz Cars Reports Sales Results for the Month and Year-to-Date Ended July 2015
Aug 11 15
Mercedes-Benz Cars has reported that total sales for the month of July 2015 were 159,040 units, an increase of 15.7%, compared to 137,511 units in July 2014. Mercedes-Benz brand sales for the month of July 2015 were 149,753 units, an increase of 15.2%, compared to 130,003 units in July 2014. Sales of smart brand for the month of July 2015 were 9,287 units, an increase of 23.7%, compared to 7,508 units in July 2014.
For the year-to-date period ended July 2015, total sales were 1.12 million units, an increase of 15.7%, compared to 967,847 units for the corresponding period of 2014.