DAI.DE - Daimler AG

XETRA - XETRA Delayed Price. Currency in EUR
58.54
-1.91 (-3.16%)
As of 9:43AM CEST. Market open.
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Previous Close60.45
Open58.80
Bid58.56 x 124500
Ask58.56 x 73800
Day's Range58.40 - 59.00
52 Week Range58.40 - 76.48
Volume1,897,668
Avg. Volume3,813,631
Market Cap62.628B
Beta1.63
PE Ratio (TTM)6.12
EPS (TTM)9.57
Earnings DateJul 26, 2018
Forward Dividend & Yield3.65 (5.86%)
Ex-Dividend Date2018-04-06
1y Target Est77.00
  • Mercedes-Benz parent issues weak 2018 guidance partially ...
    CNBC Videos11 hours ago

    Mercedes-Benz parent issues weak 2018 guidance partially ...

    CNBC's Phil LeBeau reports on Mercedes-Benz parent company Daimler issuing weak 2018 earnings guidance for the company overall and specifically for Mercedes Benz vehicles, in part due to increased import tariffs for U.S. vehicles in China.

  • Reuters15 minutes ago

    European shares build on gains while autos sink on Daimler tariff hit

    Autos stocks were the outlier in a continued relief rally in European shares on Thursday, sinking after German carmaker Daimler warned profit would be hit by higher tariffs. Equity markets have been relatively resilient in the face of mounting trade concerns but fell broadly this week as U.S. President Donald Trump threatened additional tariffs on $200 billion worth of Chinese goods. Daimler became the most high-profile European firm yet to factor higher tariffs into its outlook, warning profits would be hit by Chinese tariffs on car imports from the U.S.

  • Associated Press16 minutes ago

    Germany's Daimler lowers 2018 outlook, cites tariffs, diesel

    German automaker Daimler AG has lowered its 2018 earnings outlook, a change that it says is partly due to increased import tariffs for U.S. vehicles in China. The company said late Wednesday that it now sees fewer SUV sales and higher costs at its Mercedes-Benz Cars division than previously expected, as a result of the tariffs, and "this effect cannot be fully compensated by the reallocation of vehicles to other markets." Daimler produces vehicles in the U.S. It added that earnings at the Mercedes-Benz Vans division will be hit by the recall of diesel vehicles.

  • Financial Times34 minutes ago

    [$$] European automakers stung by Daimler profit warning

    German automaker Daimler led a pullback in the shares of European automakers after the Mercedes parent issued a profit warning sparked by Chinese tariffs on US imports. In early trade, Daimler’s shares ...

  • CNBC1 hour ago

    Germany's Daimler lowers 2018 outlook, cites tariffs, diesel

    German automaker Daimler AG has lowered its 2018 earnings outlook, a change that it says is partly due to increased import tariffs for U.S. vehicles in China. The company said late Wednesday that it now sees fewer SUV sales and higher costs at its Mercedes-Benz Cars division than previously expected, as a result of the tariffs, and "this effect cannot be fully compensated by the reallocation of vehicles to other markets." Daimler produces vehicles in the U.S. It added that earnings at the Mercedes-Benz Vans division will be hit by the recall of diesel vehicles.

  • China-U.S. trade war hits Daimler profit, may sweep sector
    Reuters1 hour ago

    China-U.S. trade war hits Daimler profit, may sweep sector

    German luxury carmaker Daimler (DAIGn.DE) cut its 2018 profit forecast, blaming a trade war between China and the United States and stricter pollution targets, sparking fears of a wave of earnings downgrades across the industry. The company said late on Wednesday that import tariffs on cars exported from the United States to China would hurt sales of its Mercedes-Benz cars, resulting in slightly lower earnings before interest and taxes (EBIT) this year. "We do not believe Daimler will be the only OEM (original equipment manufacturer) to reduce guidance.

  • Reuters1 hour ago

    China-U.S. trade war hits Daimler profit, may sweep sector

    German luxury carmaker Daimler (DAIGn.DE) cut its 2018 profit forecast, blaming a trade war between China and the United States and stricter pollution targets, sparking fears of a wave of earnings downgrades across the industry. The company said late on Wednesday that import tariffs on cars exported from the United States to China would hurt sales of its Mercedes-Benz cars, resulting in slightly lower earnings before interest and taxes (EBIT) this year. "We do not believe Daimler will be the only OEM (original equipment manufacturer) to reduce guidance.

  • Daimler sees lower 2018 profit, blames trade war, emissions clamp-down
    Reuters4 hours ago

    Daimler sees lower 2018 profit, blames trade war, emissions clamp-down

    Daimler on Wednesday said profit would fall in 2018 as new import tariffs on cars exported from the United States to China would hurt sales of high-margin Mercedes-Benz sports utility vehicles. Daimler earnings before interest and taxes (EBIT) would now be slightly below the previous year's level, rather than slightly above, the company said in a regulatory filing late on Wednesday. Daimler's revised forecast comes as U.S. President Donald Trump is proposing to impose tariffs on imported vehicles on grounds that trade imbalances on many products threaten U.S. national security.

  • The Wall Street Journal8 hours ago

    [$$] Germany’s Largest Auto Makers Back Abolition of EU-U.S. Car Import Tariffs

    BERLIN—Germany’s leading auto makers have thrown their support behind the abolition of all import tariffs for cars between the European Union and the U.S. in an effort to find a peaceful solution to the brewing trade war. The U.S. ambassador to Germany, Richard Grenell, brought the proposal for a broader industry trade pact to the Trump administration on Wednesday, according to people familiar with the situation.

  • The Wall Street Journal8 hours ago

    Daimler Issues Profit Warning as Chinese Tariffs Hit U.S.-Built SUVs

    BERLIN—The escalating trade war between the U.S. and China has claimed an unintended victim: Germany’s premium car manufacturer Daimler AG. The Stuttgart-based maker of luxury sedans and muscular sport-utility vehicles issued a surprise profit warning late Wednesday, saying Chinese retaliatory import duties on vehicles built in the U.S. would hit sales and profits of the SUVs it builds at its Alabama factory. “This effect cannot be fully compensated by the reallocation of vehicles to other markets,” Daimler said in a statement.

  • Daimler issues profit warning, blames U.S.-China trade war
    Reuters11 hours ago

    Daimler issues profit warning, blames U.S.-China trade war

    Daimler AG on Wednesday flagged headwinds for its 2018 earnings mainly due to fewer-than-expected Mercedes-Benz SUV sales and likely higher costs resulting from increased import tariffs for U.S. vehicles ...

  • Daimler Becomes First to Predict Profit Hit on Trade War
    Bloomberg11 hours ago

    Daimler Becomes First to Predict Profit Hit on Trade War

    Daimler AG became the first prominent company to cut its profit outlook due to escalating trade tensions between the U.S. and China, claiming Chinese customers will now buy fewer cars after Beijing has slapped tariffs on U.S. auto imports. Many Daimler C-Class sedans and SUVs are built in Alabama and then shipped to China.

  • PR Newswire12 hours ago

    Daimler adapts earnings expectations

    STUTTGART, Germany, June 20, 2018 /PRNewswire/ -- Today, due to current developments, Daimler AG has made a new assessment of the earnings potential for the year 2018. From today's perspective, the decisive factor is that, at Mercedes-Benz Cars, fewer than expected SUV sales and higher than expected costs – not completely passed on to the customers – must be assumed because of increased import tariffs for US vehicles into the Chinese market. As another decisive factor, a negative effect on earnings is to be expected in the second half of the year in connection with the new certification process WLTP (Worldwide Harmonized Light Vehicles Test Procedure).

  • Financial Times22 hours ago

    [$$] Daimler blames profit warning on US-China trade war

    Mercedes parent Daimler has become the first major company to issue a profit warning in the wake of China raising tariffs last week amid the tit-for-tat initiated by the United States. The German carmaker said late on Wednesday that it now expects 2018 earnings to be “slightly below the previous year’s level,” versus an earlier expectation that earnings would slightly rise. In the first quarter of this year, Mercedes sold a record number of cars, in part due to sales of SUVs that it builds in the US and ships to China, its biggest market.

  • In Caracas of All Places, a Construction Boom Suddenly Emerges
    Bloomberg22 hours ago

    In Caracas of All Places, a Construction Boom Suddenly Emerges

    You can still find a place to enjoy a nice steak dinner in Las Mercedes, the Caracas district once known for discos and beer-by-the-bucket pubs. Mostly, though, it’s shuttered stores and graffiti-swamped apartment blocks punctuated by busted street lights. Las Mercedes, it turns out, is where some of Venezuela’s richest citizens, prohibited from moving cash out of the country, are parking it.

  • Young at heart? Mercedes cultivates its aging workforce
    Reuters2 days ago

    Young at heart? Mercedes cultivates its aging workforce

    The luxury brand owned by Germany's Daimler AG (DAIGn.DE) is waging a company-wide campaign to combat those mistaken impressions. "We wanted a paradigm shift in attitudes," said Sylvia Huette-Ritterbusch, a Mercedes personnel expert whose job is to decide what skills the firm will need in future. One initiative Daimler has developed is an exhibition to challenge stereotypes about aging.

  • Reuters2 days ago

    Young at heart? Mercedes cultivates its aging workforce

    The luxury brand owned by Germany's Daimler AG is waging a company-wide campaign to combat those mistaken impressions. "We wanted a paradigm shift in attitudes," said Sylvia Huette-Ritterbusch, a Mercedes personnel expert whose job is to decide what skills the firm will need in future. One initiative Daimler has developed is an exhibition to challenge stereotypes about aging.

  • Reuters3 days ago

    Canada mulls auto firms aid in response to U.S. tariffs threat

    Canada is considering all options, including providing financial aid to the auto industry, to cope up with possible U.S. tariffs, a senior federal minister said, even as officials expressed doubt Washington would follow through with a threat to impose the punitive measures. U.S. President Donald Trump last month said he might impose tariffs of up to 25 percent on foreign-built automobiles, which could cause major economic damage to Canada and a heavily integrated North American industry. After Trump slapped tariffs on Canadian steel and aluminum on May 31, government ministers promised to support the sectors, and Innovation Minister Navdeep Bains told Reuters the same kind of aid could be ready for the auto industry.

  • Reuters6 days ago

    Germany's Merkel floats tougher stance in trade row with U.S.

    German Chancellor Angela Merkel hinted at a new front in the trade row with the United States on Friday, warning that Europe's strategic interests rode on the future of Europe's car industry and hinting at competition probes of U.S. internet giants. Just as U.S. President Donald Trump had given national security as a reason for threatening punitive tariffs on German cars, "We should think about the strategic significance of the auto industry for the European Union so we can prepare an exchange with the U.S.," she said. Trump has repeatedly criticised Europe, and Germany in particular, for running large trade surpluses over the United States, promising to put an end to what he saw as the continent free-riding on U.S. prosperity.

  • European Luxury Car Sales Dip as Customers Play Waiting Game
    Bloomberg6 days ago

    European Luxury Car Sales Dip as Customers Play Waiting Game

    Sales of luxury cars in Europe dipped in May, a sign that customers may be waiting for the new models that Daimler AG’s Mercedes-Benz, BMW and Audi are rolling out in coming months. Overall new-car registrations in the region rose 0.6 percent from a year earlier, according to the Brussels-based European Automobile Manufacturers Association, or ACEA. “Audi and also BMW are both suffering under relatively old model fleets,” and buyers seem to be holding back until the manufacturers bring out new models, Juergen Pieper, a Frankfurt-based analyst at Bankhaus Metzler, said in an email.

  • What Investors Need to Know About Driverless Cars
    Motley Fool6 days ago

    What Investors Need to Know About Driverless Cars

    Here's the rundown on what could be the next great technological revolution.

  • Auto Stock Roundup: TSLA to Lay Off, GM & HMC to Collaborate on EV Batteries
    Zacks7 days ago

    Auto Stock Roundup: TSLA to Lay Off, GM & HMC to Collaborate on EV Batteries

    General Motors (GM) and Honda (HMC) ink a deal to develop batteries for EVs. Tesla (TSLA) to cut the workforce for becoming sustainably profitable without compromising on Model 3 sedan production goals.

  • Reuters7 days ago

    Stuttgart prosecutors mull fines against Bosch, Porsche, Daimler

    FRANKFURT (Reuters) - Daimler (DAIGn.DE), Porsche (VOWG_p.DE) and Bosch may face a probe for regulatory offences related to potential emissions cheating, the Stuttgart prosecutors' office said ...

  • Ford says fuel cell venture with Daimler will close
    Reuters7 days ago

    Ford says fuel cell venture with Daimler will close

    Ford Motor Co and Daimler AG are winding down a joint venture formed to develop automotive fuel cell technology, Ford said on Wednesday, as both companies plan to take their respective fuel cell technology ...

  • Reuters7 days ago

    Ford says fuel cell venture with Daimler will close

    By Joseph White DETROIT (Reuters) - Ford Motor Co and Daimler AG are winding down a joint venture formed to develop automotive fuel cell technology, Ford said on Wednesday, as both companies plan to take ...