|Bid||47.35 x 124500|
|Ask||47.35 x 73800|
|Day's Range||46.94 - 47.43|
|52 Week Range||40.31 - 60.00|
|Beta (3Y Monthly)||1.15|
|PE Ratio (TTM)||12.59|
|Forward Dividend & Yield||3.25 (6.76%)|
|1y Target Est||N/A|
The planned joint mobility company with the BMW Group is expected to be established at the beginning of next year. This has been agreed by Daimler AG and BMW Group. Following the approval of the project by the EU Commission, the two partners are continuing talks with the US antitrust authorities.
STUTTGART, Germany, Oct. 19, 2018 /PRNewswire/ -- As a result of current developments, Daimler AG today reassessed its earnings outlook for the year 2018 for the Mercedes-Benz Cars and Daimler Buses divisions and for the Daimler Group. The main factor is an increase in expected expenses in connection with ongoing governmental proceedings and measures in various regions with regard to Mercedes-Benz diesel vehicles. In addition, Mercedes-Benz Vans records lower unit sales due to delays in vehicle deliveries.
STUTTGART, Germany, Oct. 8, 2018 /PRNewswire/ -- Bodo Uebber has informed the Chairman of the Supervisory Board, Manfred Bischoff, that he does not intend to extend his contract of service, which runs until the end of 2019. After 16 years being a Board member by then, Bodo Uebber, would like to give the company and the new Chairman of the Board of Management of Daimler AG, Ola Källenius, the opportunity to build a new long-term focused team, to shape successfully the upcoming far-reaching structural changes further on. In its meeting on September 26, 2018, the Supervisory Board decided to appoint Ola Källenius as Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars, effective at the end of the Annual Shareholders' Meeting in May 2019.
The regular expiry of the term of office of the Chairman of the Supervisory Board, Dr. Manfred Bischoff, is at the end of the Annual Shareholders' Meeting in 2021. In view of the challenges presented by the transformation of the automotive industry, the Supervisory Board intends to prepare a suitable succession at an early stage.