Trends - Daimler - Business Recorder

Daimler

Mercedes sales boss confident will resolve semiconductor shortages

We are confident that, together with the suppliers, we will get this issue in hand.
She said car deliveries in January were secured but that the company was, with suppliers.

Published 20 Jan, 2021 06:48pm

Business & Finance

Audi aims to sell 1 million cars in China in 2023

Audi, which is making cars in the world's biggest auto market with FAW Group.

Published 20 Jan, 2021 12:18pm

Technology

Tesla's rise made 2020 the year the US auto industry went electric

Tesla's market capitalization surged above $600 billion, making the once wobbly startup founded by billionaire Elon Musk worth more than the five top-selling global vehicle making groups combined.

Published 21 Dec, 2020 11:22am

Business & Finance

Germany's Daimler to produce fully electric compact SUV in Hungary

Hungary's economy imploded in the wake of the coronavirus pandemic, falling by an annual 13.6pc in the second quarter.

Published 14 Dec, 2020 03:32pm

Business & Finance

Daimler to double sales of Mercedes-Benz Maybach vehicles

Daimler unveiled its new flagship vehicle, which is based on a Mercedes-Benz S-Class limousine.
Daimler plans to make a range of Maybach models, including fully electric variants.

Published 19 Nov, 2020 07:07pm

Business & Finance

Daimler to cooperate with Geely to build engines

Most of the engines will be made in China, Handelsblatt said. The alliance with Geely, which owns a 10% stake in Stuttgart-based Daimler.
the Daimler-Geely pact would save the German carmaker a "triple-digit million sum" .

Published 17 Nov, 2020 06:50pm

Markets

Daimler posts forecast-beating results as demand rebounds

Daimler said it expected the positive momentum to continue in the fourth quarter, assuming there are no further coronavirus lockdowns.

Published 16 Oct, 2020 04:37pm

Business & Finance

Daimler posts forecast-beating results as demand rebounds

Third-quarter earnings before interest and tax reached 3.07 billion euros ($3.59 billion), Daimler said, beating the 2.14 billion Refinitiv forecast.
The COVID-19 pandemic had led to a slump in sales, pushing the company to operating losses in the first and second quarters.

Updated 16 Oct, 2020 02:40am

Business & Finance

Daimler, Swiss Re launch mobility insurance venture

Daimler, which has spent decades refining advanced driver assistance systems, sees an opportunity for monetizing its know-how about vehicle safety.

Published 12 Oct, 2020 04:19pm

Business & Finance

Daimler to cut fixed costs and take Mercedes more upmarket

Mercedes-Benz to focus on limousines, SUVs.
To cut fixed costs, capex, R&D by more than 20%.
Mercedes aiming for double digit margins in good times.

Published 07 Oct, 2020 01:05am

Business & Finance

Daimler to cut fixed costs by more than 20pc in luxury drive

This will allow Mercedes-Benz to achieve a return on sales within a mid to high single-digit range even when markets are weak, by 2025, the carmaker said.

Published 06 Oct, 2020 08:55pm

Business & Finance

Daimler's designated chairman Zetsche renounces job

Naturally I would like to have done the job. I also believe I would have done it well.
We acknowledge Dr. Zetsche's decision with great respect.

Published 27 Sep, 2020 12:16am

Business & Finance

Daimler CEO says demand has stabilised from corona lows

The Afghan government has released another batch of the remaining Taliban prisoners and the work is still underway to move the prisoner exchange process forward.
We want to finish the prisoner swap so we could start the peace process as soon as possible.

Published 02 Sep, 2020 04:35pm

Business & Finance

Daimler agrees to US diesel settlements worth nearly $3bn

The German carmaker said it expects the costs of the settlements with US authorities will total $1.5 billion.
A spokesman for CARB confirmed the settlement "will reach $1.5 billion and affects 250,000 vehicles nationwide."

Published 14 Aug, 2020 02:21am

Business & Finance

Daimler flags recovery signs, sees Mercedes-Benz EBIT rising this year

CEO Ola Kaellenius said its Mercedes-Benz cars and vans division appeared set for a rise in 2020 operating profit.

Published 23 Jul, 2020 03:35pm

Business & Finance

Daimler seeks to sell French factory in production overhaul

Explores sale of plant in plant in Hambach, France.
Comes as industry faces overcapacity.
Q2 restructuring charge of mid-three-digit million euros.

Published 03 Jul, 2020 06:56pm

Gainers
Losers
Leaders

Stock	Price
United Insurance / May 26 The United Insurance Company(UNIC)	7.97 ▲ 0.84 (11.78%)
JS Global Cap.XD / May 26 JS Global Capital Limited(JSGCL)	91.32 ▲ 6.37 (7.50%)
Cordoba Logistics / May 26 Cordoba Logistics & Ventures Limited(CLVL)	14.64 ▲ 1.02 (7.49%)
Gatron Ind. / May 26 Gatron (Industries) Limited(GATI)	434.00 ▲ 29.33 (7.25%)
Gharibwal Cement / May 26 Gharibwal Cement Limited(GWLC)	21.10 ▲ 1.36 (6.89%)
Invest Bank / May 26 Invest Capital Investment Bank Limited(ICIBL)	1.70 ▲ 0.10 (6.25%)
B. F. Mod. / May 26 B.F. Modaraba(BFMOD)	9.00 ▲ 0.50 (5.88%)
Bal. Wheel / May 26 Baluchistan Wheels Limited(BWHL)	89.75 ▲ 4.75 (5.59%)
D.S. Ind. Ltd. / May 26 D.S. Industries Limited(DSIL)	4.00 ▲ 0.18 (4.71%)
Thal Ind.Corp. / May 26 Thal Industries Corporation Limited(TICL)	274.49 ▲ 9.50 (3.59%)

Stock	Price
Nagina Cot. / May 26 Nagina Cotton Mills Limited(NAGC)	84.55 ▲ -6.85 (-7.49%)
Ismail Ind. / May 26 Ismail Industries Limited(ISIL)	410.01 ▲ -15.50 (-3.64%)
Dolmen City / May 26 Dolmen City REIT(DCR)	14.13 ▲ -0.29 (-2.01%)
Pak Refinery / May 26 Pakistan Refinery Limited(PRL)	16.35 ▲ -0.29 (-1.74%)
Pakistan Alumin / May 26 Pakistan Aluminium Beverage Cans Limited(PABC)	30.50 ▲ -0.50 (-1.61%)
Agha Steel Ind. / May 26 Agha Steel Ind.Ltd(AGHA)	15.10 ▲ -0.24 (-1.56%)
Pak Stock Exchange / May 26 Pakistan Stock Exchange Limited(PSX)	10.70 ▲ -0.16 (-1.47%)
Biafo Ind. / May 26 Biafo Industries Limited(BIFO)	67.50 ▲ -0.95 (-1.39%)
Ghand Nissan / May 26 Ghandhara Nissan Limited(GHNL)	58.00 ▲ -0.79 (-1.34%)
Hum Network / May 26 Hum Network Limited(HUMNL)	6.40 ▲ -0.08 (-1.23%)

Stock	Volume
Pak Refinery / May 26 Pakistan Refinery Limited(PRL)	2,648,343 ▼ 0.00
Ghani Glo Hol / May 26 Ghani Global Holdings Limited(GGL)	1,973,863 ▼ 0.00
WorldCall Telecom / May 26 Worldcall Telecom Limited(WTL)	1,539,500 ▼ 0.00
TPL Properties / May 26 TPL Properties Limited(TPLP)	1,422,057 ▼ 0.00
Telecard Limited / May 26 Telecard Limited(TELE)	1,322,500 ▼ 0.00
Hum Network / May 26 Hum Network Limited(HUMNL)	844,000 ▼ 0.00
Pak Reinsurance / May 26 Pakistan Reinsurance Company Limited(PAKRI)	598,000 ▼ 0.00
Unity Foods Ltd / May 26 Unity Foods Limited(UNITY)	473,006 ▼ 0.00
G3 Tech. / May 26 G3 Technologies Limited(GTECH)	470,500 ▼ 0.00
Oil & Gas Dev. / May 26 Oil & Gas Development Company Limited(OGDC)	425,717 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 26	201.80
USD PKR Interbank Buying / May 26	201.30
USD to Japanese Yen / May 26	127.41
USD to Swiss Franc / May 26	0.96
Pound Sterling to USD / May 26	1.26
Euro to USD / May 26	1.07
UK LIBOR % / May 26	0.82

Stock	Volume
S&P 500 / May 26	3978.73
India Sensex / May 26	53749.26
Tokyo Nikkei / May 26	26653.80
Nasdaq / May 26	11434.74
Hang Seng / May 26	19952.81
FTSE 100 / May 26	7522.75
Dow Jones / May 26	32120.28
Germany DAX 30 / May 26	14007.93
France CAC40 / May 26	6298.64

Item	Value
Crude Oil USD/Barrel / May 26	110.44
Karachi Cotton PKR/37.32 KG / May 26	21180.00
Gold 10 Grams PKR / May 26	120700.00
Gold Spot USD/Ounce / May 26	1849.73
Cotton US¢/pound / May 26	122.20

Daimler

Most Popular Articles