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Daimler AG (DAIGn.DE)

DAIGn.DE on Xetra

45.48EUR
18 Sep 2020
Change (% chg)

€-0.92 (-1.98%)
Prev Close
€46.40
Open
€46.22
Day's High
€46.37
Day's Low
€45.48
Volume
8,027,695
Avg. Vol
4,946,656
52-wk High
€54.50
52-wk Low
€21.02

Latest Key Developments (Source: Significant Developments)

Daimler Large Order For Daimler Buses For Israel
Thursday, 10 Sep 2020 

Sept 10 (Reuters) - DAIMLER AG ::LARGE ORDER FOR DAIMLER BUSES: 415 CITY AND INTER-CITY BUSES FOR ISRAEL.  Full Article

Daimler Confirms Purchase Offer For Smart Plant In France
Thursday, 27 Aug 2020 

Aug 27 (Reuters) - Daimler AG ::INEOS AUTOMOTIVE HAS SUBMITTED BINDING PURCHASE OFFER FOR SMART FRANCE.  Full Article

Daimler Agrees Long-Term Partnership Between Hamburger Hochbahn And Daimler Buses
Tuesday, 18 Aug 2020 

Aug 18 (Reuters) - Daimler AG ::LONG-TERM PARTNERSHIP BETWEEN HAMBURGER HOCHBAHN AG AND DAIMLER BUSES.TRANSPORT COMPANY HAMBURGER HOCHBAHN AG HAS SIGNED A FRAMEWORK AGREEMENT WITH DAIMLER BUSES FOR DELIVERY OF FULLY ELECTRIC MERCEDES-BENZ ECITARO AND NEW ECITARO G ARTICULATED BUS.AGREEMENT IS PART OF A RECORD ORDER FOR UP TO 530 EMISSION-FREE URBAN BUSES FOR HOCHBAHN COMPANY FROM 2021 TO 2025.EXACT NUMBER AND THEIR DISTRIBUTION WILL BE DEFINED DURING TERM OF CONTRACT.  Full Article

Daimler Reaches Agreements In Principle To Settle Diesel Emissions Proceedings
Thursday, 13 Aug 2020 

Aug 13 (Reuters) - DAIMLER AG ::REACHES AGREEMENTS IN PRINCIPLE TO SETTLE REGULATORY AND CIVIL PROCEEDINGS IN THE UNITED STATES REGARDING DIESEL EMISSIONS.DAIMLER AND ITS SUBSIDIARY MERCEDES-BENZ USA LLC (MBUSA) HAVE REACHED AN AGREEMENT IN PRINCIPLE WITH VARIOUS U.S. AUTHORITIES TO SETTLE CIVIL AND ENVIRONMENTAL CLAIMS REGARDING EMISSION CONTROL SYSTEMS OF APPROX. 250,000 DIESEL PASSENGER CARS AND VANS IN UNITED STATES.FOR SETTLEMENTS WITH U.S. AUTHORITIES, DAIMLER EXPECTS COSTS OF APPROX. USD 1.5 BILLION (APPROX. EUR 1.27 BILLION)..ESTIMATED COST OF CLASS ACTION SETTLEMENT IS APPROX. USD 700 MILLION (APPROX. EUR 592 MILLION) INCLUDING COURT'S ANTICIPATED AWARD OF ATTORNEYS' FEES AND COSTS..IN ADDITION, DAIMLER ESTIMATES FURTHER EXPENSES OF A MID THREE-DIGIT-MILLION EUR AMOUNT TO FULFILL REQUIREMENTS OF SETTLEMENTS..DAIMLER EXPECTS A CORRESPONDING IMPACT ON FREE CASH FLOW OF INDUSTRIAL BUSINESS OVER NEXT 3 YEARS WITH MAIN IMPACT WITHIN NEXT 12 MONTHS..APPROVED PROPOSED SETTLEMENTS AFTER WEIGHING ALL ASPECTS IN BEST INTEREST OF COMPANY..  Full Article

Daimler Says Mercedes-Benz And CATL Cooperate For Lithium-Ion Battery Industrialization
Wednesday, 5 Aug 2020 

Aug 5 (Reuters) - DAIMLER AG ::MERCEDES-BENZ AND CATL AS A MAJOR SUPPLIER TEAM UP FOR LEADERSHIP IN FUTURE BATTERY TECHNOLOGY.THE ELECTRIC LUXURY SEDAN MERCEDES-BENZ EQS WILL LAUNCH NEXT YEAR WITH A WLTP RANGE OF OVER 700 KM, EQUIPPED WITH CATL CELL MODULES..THE MERCEDES-BENZ AND CATL WILL JOINTLY BOOST THE INDUSTRIALIZATION OF LITHIUM-ION BATTERIES IN GERMANY..  Full Article

Mercedes-Benz And Catl Team Up For Battery Technology
Wednesday, 5 Aug 2020 

Aug 5 (Reuters) - Daimler AG ::- ELECTRIC FIRST: MERCEDES-BENZ AND CATL TEAM UP FOR LEADERSHIP IN FUTURE BATTERY TECHNOLOGY.CATL WILL BE A KEY SUPPLIER SECURING CAPACITY FOR NEXT GENERATIONS OF OUR EQ PRODUCTS IN YEARS TO COME.  Full Article

Mercedes-Benz Canada Announces Dimitris Psillakis As President And CEO
Friday, 10 Jul 2020 

July 10 (Reuters) - Daimler AG ::MERCEDES-BENZ CANADA ANNOUNCES DIMITRIS PSILLAKIS AS PRESIDENT AND CEO.  Full Article

Daimler has adequate capital, no need to change capital structure -CFO
Wednesday, 8 Jul 2020 

July 8 (Reuters) - Daimler ::CFO SAYS AT AGM A DIVESTMENT OF BUSINESS IS CURRENTLY NOT ON THE AGENDA.CFO SAYS SEES NO NEED FOR CHANGE TO CAPITAL STRUCTURE, SEES CAPITAL LEVELS AS BEING ADEQUATE.CHAIRMAN TELLS AGM THAT IF MERCEDES HAD RAMPED UP ELECTRIC VEHICLE PRODUCTION AS QUICKLY AS SOME START-UPS, SHAREHOLDERS WOULD HAVE FACED LOSSES.SHAREHOLDERS VOTE IN FAVOUR OF RATIFYING ACTIONS OF EXECUTIVE BOARD WITH 96.6%.SHAREHOLDERS VOTE IN FAVOUR OF RATIFYING ACTIONS OF SUPERVISORY BOARD WITH 88.45%.DAIMLER CHAIRMAN SAYS 53.08% OF VOTES AT AGM IN FAVOUR OR DEUTSCHE TELEKOM CEO TAKING SUPERVISORY BOARD SEAT.  Full Article

Daimler has adequate capital, no need to change capital structure -CFO
Wednesday, 8 Jul 2020 

July 8 (Reuters) - Daimler ::DAIMLER CFO SAYS A DIVESTMENT OF BUSINESS IS CURRENTLY NOT ON THE AGENDA.DAIMLER CFO SAYS SEES NO NEED FOR CHANGE TO CAPITAL STRUCTURE, SEES CAPITAL LEVELS AS BEING ADEQUATE.CHAIRMAN TELLS AGM THAT IF MERCEDES HAD RAMPED UP ELECTRIC VEHICLE PRODUCTION AS QUICKLY AS SOME START-UPS, SHAREHOLDERS WOULD HAVE FACED LOSSES.SHAREHOLDERS VOTE IN FAVOUR OF RATIFYING ACTIONS OF EXECUTIVE BOARD WITH 96.6%.SHAREHOLDERS VOTE IN FAVOUR OF RATIFYING ACTIONS OF SUPERVISORY BOARD WITH 88.45%.CHAIRMAN SAYS 80% OF VOTES AT AGM IN FAVOUR OR DEUTSCHE TELEKOM CEO TAKING SUPERVISORY BOARD SEAT.  Full Article

Daimler CFO Says We Want To Significantly Reduce Costs Compared With 2019
Wednesday, 8 Jul 2020 

July 8 (Reuters) - Daimler AG ::CFO SAYS WE WANT TO SIGNIFICANTLY REDUCE COSTS COMPARED WITH 2019, WE HAVE SET AN UPPER LIMIT FOR INVESTMENT.DAIMLER CEO SAYS WE STICK TO GOAL OF MEETING EU RULES ON CO2 IN 2020.DAIMLER CFO SAYS PASSENGER CAR SALES HAVE BEEN BETTER IN RECENT WEEKS THAN INITIALLY FEARED.  Full Article

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Exclusive: GM explores market for electric 'flying cars' - sources

DETROIT General Motors Co is exploring options in the aerial taxi market, including whether to build the vehicles known colloquially as "flying cars," as part of a push by the U.S. automaker to look for growth in related transportation markets, two people familiar with the matter said.