|Bid||0.00 x 45900|
|Ask||0.00 x 45900|
|Day's Range||1,319.69 - 1,319.69|
|52 Week Range||1,113.12 - 1,661.40|
|PE Ratio (TTM)||127.64|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Is Daimler a great pick from the value investor's perspective right now? Read on to know more.
Germany's Daimler (DAIGn.DE) could suffer a drop in production of Mercedes-Benz luxury cars next month because of a dispute over future projects between management and unions at a key plant. The works council at Untertuerkheim, home to Daimler's global headquarters, will oppose any overtime work from July 1 if management refuses to assign orders for development and production of an electric powertrain to the plant, works council chief Wolfgang Nieke said on Thursday. The factory at Untertuerkheim near Stuttgart employs over 19,000 staff who build engines, transmissions and axles for Mercedes-Benz cars.
Mytaxi, the ride hailing app owned by German carmaker Daimler (DAIGn.DE), has agreed to buy a Romanian rival as part of efforts to create a pan-European service to take on Uber. Mytaxi Chief Executive Andrew Pinnington said the company was paying an “eight figure” sum to buy Romanian market leader Clever Taxi, which operates in 20 cities across the country. Earlier this year, Hamburg-based mytaxi bought Greece’s Taxibeat, and Pinnington said he expected more acquisitions to help to expand the service in Eastern Europe.