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Daimler AG (DAIGn.DE)

DAIGn.DE on Xetra

47.75EUR
2:00pm IST
Change (% chg)

€0.32 (+0.67%)
Prev Close
€47.43
Open
€48.32
Day's High
€48.67
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€47.51
Volume
1,187,548
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4,277,225
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€65.41
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Wed, May 22 2019

UPDATE 2-Daimler CEO announces sweeping cost review as he bows out

BERLIN, May 22 Daimler's Chief Executive Dieter Zetsche announced a sweeping cost review on Wednesday, his last day in office, as he bid farewell to shareholders following more than a decade at the helm of luxury carmaker Mercedes-Benz.

Daimler says all costs under scrutiny after moderate start to 2019

BERLIN, May 22 German luxury carmaker Daimler said all costs were under scrutiny after reporting a moderate start to the year and affirmed its full-year forecast.

Daimler plans to cut administration costs by 20% - Handelsblatt

FRANKFURT Incoming Daimler boss Ola Kaellenius is working on a cost cut programme to reach profit margin targets which are threatened by global trade woes and ramp up issues at factories, Handelsblatt reported, citing company sources.

Daimler plans to cut administration costs by 20% - Handelsblatt

FRANKFURT, May 20 Incoming Daimler boss Ola Kaellenius is working on a cost cut programme to reach profit margin targets which are threatened by global trade woes and ramp up issues at factories, Handelsblatt reported, citing company sources.

UPDATE 2-European stocks drop as China ups stakes in trade war with U.S.

* Utilities stocks gain, investors favor defensive bets (Updates to close, adds strategist's quote)

UPDATE 1-Daimler's CEO designate will push alliances to cut costs

* Daimler plans to have carbon neutral passenger car fleet by 2039

Daimler's CEO designate will push alliances to cut costs

SINDELFINGEN, Germany, May 13 Daimler will cut development costs of new Mercedes-Benz cars by a significant amount by 2025 and will intensify alliances with rivals as a way to improve margins, Ola Kaellenius, the future chief executive, said on Monday.

Exclusive: China's BAIC seeks to buy 5 percent Daimler stake - sources

BEIJING/FRANKFURT China's BAIC Group is seeking to buy a stake of up to 5 percent in Daimler as a way to secure its investment in Chinese Mercedes-Benz manufacturing company Beijing Benz Automotive, three sources familiar with the matter told Reuters.

Exclusive: China's BAIC seeks to buy 5 percent Daimler stake - sources

BEIJING/FRANKFURT China's BAIC Group is seeking to buy a stake of up to 5 percent in Daimler as a way to secure its investment in Chinese Mercedes-Benz manufacturing company Beijing Benz Automotive, three sources familiar with the matter told Reuters.

Daimler CEO says successor will have tough job

OSLO, May 8 Daimler's next chief executive will have a tough job to restore margins at Mercedes-Benz, current boss Dieter Zetsche told Reuters on Wednesday, as Mercedes-Benz launched a new luxury electric car to rival Tesla.

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