|Bid||60.39 x 124500|
|Ask||60.40 x 73800|
|Day's Range||60.22 - 60.73|
|52 Week Range||59.01 - 73.23|
|PE Ratio (TTM)||6.54|
|Dividend & Yield||3.47 (4.90%)|
|1y Target Est||N/A|
German carmakers Daimler (DAIGn.DE) and BMW (BMWG.DE) may be in talks to combine their car-sharing services Car2Go and DriveNow, the chief executive of car rental company and DriveNow partner Sixt (SIXG.DE) hinted on Thursday. Daimler and BMW have discussed pooling their car-sharing businesses to better compete against ride-hailing companies like Uber [UBER.UL] and Lyft which have started offering pay-per-use mobility services which are more convenient than car ownership.
German carmakers Daimler and BMW may be in talks to combine their car-sharing services Car2Go and DriveNow, Sixt chief executive Erich Sixt, whose company owns part of DriveNow, hinted on Thursday. Asked whether Sixt was involved in merger talks with Daimler and BMW, he said: "At the last press conference I made clear that we are not involved.
Angela Merkel's main challenger in next month's German election criticised the chancellor's approach to carmakers on Tuesday and called for them to pay for the widening emissions scandal. Social Democrat Martin Schulz, who is taking on Merkel in the Sept. 24 election, said she had repeatedly changed her views on the need to develop electric cars and the continued use of diesel vehicles, raising questions for unions and consumers. "The zig zag course of Mrs. Merkel has unsettled unions and has left it unclear that those who caused this crisis will be held responsible," said Schulz, who leads the Social Democratic Party (SPD) that is the junior partner in Merkel's coalition.