Mercedes-Benz maker Daimler (DAIGn.DE) is embracing Silicon Valley management techniques in a drive to speed up decision making, empower staff and fend off new rivals such as electric carmaker Tesla Motors (TSLA.O). Chief Executive Dieter Zetsche is sweeping away layers of bureaucracy and encouraging a more experimental approach to new products. The changes will be closely watched by rivals such as BMW and Audi as traditional carmakers weigh up how to respond to new technologies including autonomous driving and electric vehicles that have turned firms like Google and Tesla into rivals.
- TheStreet.com•2 days ago
The German automaker reaches a deal with two key parts suppliers in a desperate move to restart production of the flagship Golf hatchback.
- The Wall Street Journal•3 days ago
Daimler AG is giving China’s BAIC Motor Group permission to build cars using old Mercedes-Benz E-class designs and components, part of the German car maker’s effort to strengthen ties with its local partner ...
Daimler AG (DDAIF)
Other OTC - Other OTC Delayed Price. Currency in USD
|Day's Range||69.64 - 70.35|
|52wk Range||56.56 - 89.65|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||8.37|
|Avg Vol (3m)||42,085|
|Dividend & Yield||3.71 (5.33%)|