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Topic

Daimler

Daimler sees Q3 hit to Mercedes sales from chip shortage

Daimler sees Q3 hit to Mercedes sales from chip shortage

Published 02 Sep, 2021 06:17pm
  • "With the plant closings at semiconductor suppliers in Malaysia and elsewhere, the challenge has now become even greater, so that our sales in the third quarter will probably be noticeably below the second quarter," Ola Kaellenius says
Volkswagen lifts margin target on demand for premium cars

Volkswagen lifts margin target on demand for premium cars

Published 06 May, 2021 11:49am
  • Volkswagen's operating profit came in at 4.8 billion euros ($5.8 billion) in the first quarter to March, helped by cost cuts and higher sales, versus 0.9 billion in the same period last year that was impacted by the COVID-19 pandemic.
European new car sales jump 87% y/y in March

European new car sales jump 87% y/y in March

Published 16 Apr, 2021 11:01am
  • Sales at Volkswagen and Stellantis to the EU, Britain and the countries of the European Free Trade Association (EFTA), rose by 46% and 140% respectively, while Renault reported a rise of 70%.
Daimler Trucks labour chief wants clean tech investments in Germany

Daimler Trucks labour chief wants clean tech investments in Germany

Published 13 Feb, 2021 07:51pm
  • Daimler announced the fund on Feb. 3 alongside plans to spin off the world's largest truck and bus maker, as it seeks to increase its appeal to investors as a focused electric, luxury cars business.
  • We will develop proposals for new projects for individual sites, with which we can support additional employment and the change to new drive technologies.
Daimler plans majority spin-off and listing of truck business

Daimler plans majority spin-off and listing of truck business

Published 03 Feb, 2021 09:57pm
  • As a result of the spin-off, a significant majority stake in the Daimler Truck business would be distributed to Daimler AG's shareholders allowing for a deconsolidation.
  • A spin-off would require the approval of an extraordinary shareholders' meeting of Daimler AG.
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