- Reuters•2 days ago
Germany's Daimler which owns the Mercedes-Benz luxury brand, has accelerated development of premium electric cars, Chief Executive Dieter Zetsche said, adding he saw the vehicle segment gaining market share. The carmaker will reveal more about its plans for electric cars at the Paris motor show in October, he said. Daimler reiterated it will increase spending in research and development, which it expects to be "significantly above" last year's 6.6 billion euros, which was already a step up from 5.7 billion invested in 2014.
|52wk Range||56.56 - 92.90|
|Day's Range||65.10 - 65.63|
|Avg Vol (3m)||43,265|
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