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Daimler AG (DAIGn.DE)

DAIGn.DE on Xetra

48.40EUR
23 Oct 2020
Change (% chg)

€0.50 (+1.03%)
Prev Close
€47.90
Open
€49.10
Day's High
€49.12
Day's Low
€47.88
Volume
3,630,900
Avg. Vol
3,936,367
52-wk High
€54.50
52-wk Low
€21.02

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Fri, Oct 23 2020

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Daimler lifts profit forecast as China snaps up luxury cars

FRANKFURT Daimler raised its profit outlook for 2020 on Friday after a record 24% jump in Chinese demand for its Mercedes-Benz cars boosted margins in the third quarter, though it warned that a spike in COVID-19 infections made forecasting hard. | Video

UPDATE 5-Daimler lifts profit forecast as China snaps up luxury cars

* Margins at Mercedes-Benz rise thanks to China demand (Adds CFO remarks about the outlook)

Mercedes-Benz Q3 margins rebound thanks to China boost

FRANKFURT, Oct 23 Strong demand for luxury cars in China in the third quarter helped turn around margins at Daimler's Mercedes-Benz cars division despite an overall fall in deliveries caused by the COVID-19 pandemic.

Uber offers more than €1 billion to buy Daimler/BMW's freenow: Manager Magazin

FRANKFURT Ride-hailing firm Uber has offered more than 1 billion euros to buy Daimler and BMW's joint mobility services company Freenow, Manager Magazin said on Wednesday.

Daimler chief eyes China growth as trade tensions rise

FRANKFURT Daimler's Chief Executive said China will remain Mercedes-Benz's biggest growth market in the next decade and the German carmaker will adjust production locations to capture shifts in demand as global trade tensions continue to rise.

Daimler chief eyes China growth as trade tensions rise

FRANKFURT Daimler's Chief Executive said China will remain Mercedes-Benz's biggest growth market in the next decade and the German carmaker will adjust production locations to capture shifts in demand as global trade tensions continue to rise.

Daimler chief eyes China growth as trade tensions rise

FRANKFURT, Oct 20 Daimler's Chief Executive said China will remain Mercedes-Benz's biggest growth market in the next decade and the German carmaker will adjust production locations to capture shifts in demand as global trade tensions continue to rise.

Tesla to export China-made Model 3 vehicles to Europe

BEIJING/SHANGHAI Tesla Inc said on Monday it would start exporting China-made Model 3 cars to more than 10 European countries this month, joining a growing number of automakers using China as an export hub for electric vehicles.

Tesla to export China-made Model 3 vehicles to Europe

BEIJING/SHANGHAI Tesla Inc said on Monday it would start exporting China-made Model 3 cars to more than 10 European countries this month, joining a growing number of automakers using China as an export hub for electric vehicles.

Daimler posts forecast-beating results as demand rebounds

FRANKFURT Daimler shares surged 4.5% on Friday after the luxury carmaker posted forecast-beating third-quarter results, buoyed by a better-than-expected rebound in sales of luxury cars in September. | Video

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