DDAIF - Daimler AG

Other OTC - Other OTC Delayed Price. Currency in USD
66.31
-0.46 (-0.69%)
At close: 3:53PM EDT
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Previous Close66.77
Open66.45
Bid0.00 x 0
Ask0.00 x 0
Day's Range66.20 - 66.45
52 Week Range50.64 - 80.97
Volume28,748
Avg. Volume51,133
Market Cap70.62B
Beta (3Y Monthly)0.91
PE Ratio (TTM)6.72
EPS (TTM)9.87
Earnings DateN/A
Forward Dividend & Yield4.50 (7.68%)
Ex-Dividend Date2018-04-06
1y Target Est70.42
Trade prices are not sourced from all markets
  • CNBC11 hours ago

    New York auto show previews Tesla's future competition with more than 40 electric vehicles on display

    More than 40 vehicles using some form of battery power are on display at the New York International Auto Show. Two of the three finalists for World Car of the Year at the 2019 New York show are fully electric. It wouldn't be much of a stretch to call this year's New York International Auto Show "electrifying," not when you consider that more than 40 vehicles using some form of electric power are on display at the Jacob Javits convention center.

  • Tesla’s Real Problem? It’s a Car Stock Priced Like a Tech Stock
    InvestorPlaceyesterday

    Tesla’s Real Problem? It’s a Car Stock Priced Like a Tech Stock

    Right now Tesla (NASDAQ:TSLA) is a stock a lot of people want to hate. While the NASDAQ averages are up 20% so far in 2019, Tesla stock is down nearly 20%.Source: Shutterstock Greenlight Capital CEO David Einhorn is among the loudest detractors. He writes "the wheels are coming off" and thinks Tesla is on the brink of failure.Earnings estimates for the March quarter, to be reported April 24, are grim. Average analyst estimates predict a loss of 75 cents, but the earnings whisper number is a loss of $1.13. Revenue is expected to come in at $5.33 billion, against $7.2 billion during the fourth quarter of last year.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Is Tesla Failing?Tesla still sells more like a tech stock than an auto stock. The market cap on April 15 was about $46 billion, against 2018 revenue of $21.46 billion. By contrast, rivals like General Motors (NYSE:GM) and Ford Motor (NYSE:F) sell at just one-third their revenues. * 3 Stocks on Shaky Ground As far back as 2016 I identified scaling production as Tesla's main challenge. As recently as last month, I asked if CEO Elon Musk's magic had disappeared.But Tesla is not going out of business.In September, Tesla had almost as much of the U.S. luxury car market as BMW (OTCMKTS:BMWYY) and Mercedes-Benz (OTCMKTS:DDAIF) combined. The Model S took 36% of the U.S. market for large luxury cars last year. The Model X has nearly one-fifth the luxury SUV market. The Model 3 is the best-selling electric in the world. Tesla's ProblemsTesla's problems today are real, but they're different than those I identified in 2016.Tesla can now mass produce cars, but it still lacks the infrastructure to deliver them. As more of its cars hit the road, problems with them are being uncovered. Consumer Reports is no longer recommending the Tesla Model 3. The factory is picking up environmental fines.Musk himself remains incorrigible, tweeting a forecast that Tesla will deliver 500,000 cars over the next 12 months before telling investors. Musk is trying to eliminate his dealer network, going to all-online sales. He is backing away from the long-promised $35,000 price point of the Model 3. He is reportedly putting off plans to expand Tesla's battery plant in Nevada.Additionally,Tesla and Elon Musk are in bad political odor with an Administration committed to oil. Not only do Republicans want to kill incentives for electric vehicles, they want to add new taxes on them.During 2017 and 2018 Musk tried to charm President Trump but he now says the President "screwed him."Short interest in Tesla stock is exploding. Over 32 million shares are being sold short with a float of just 126 million while one-quarter of shares are held by insiders. The Bottom Line for Tesla StockTesla stock rose before it was a real car company.Now it is a real car company. It is experiencing all the problems associated with being a real car company.But Tesla is not a failing car company. It is still a growing car company. It is building its own factory in China. It has plans to offer a crossover, a pick-up, a roadster, and even a semi-truck. The problem with Tesla stock is that it's still priced like a tech stock. * 7 Tech Stocks With Too Much Risk, Not Enough Upside I still think the short interest in Tesla is overdone, however. As the saying goes, he who sells what isn't his'n, must buy it back or go to pris'n. I suspect the shorts are about to get squeezed again.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this article. Compare Brokers The post Tesla's Real Problem? It's a Car Stock Priced Like a Tech Stock appeared first on InvestorPlace.

  • Financial Times3 days ago

    Why China’s auto market can bounce back

    A sales decline of 6 per cent is rarely a cause for celebration. The statement by Germany’s Volkswagen is a sign of the gloom surrounding car groups in the world’s biggest automotive market, where sales fell for the first time in almost three decades last year. VW’s 6.3 per cent drop in the first quarter against an overall market decline of 14 per cent in the period follows an economic slowdown that has cast a cloud across the sector.

  • Automakers invest heavily in electric vehicles despite still-low demand
    Reuters5 days ago

    Automakers invest heavily in electric vehicles despite still-low demand

    Demand for electric vehicles remains low in the U.S. market, but industry executives at the New York auto show this week said they are pushing ahead with billions of dollars in investments even while preaching patience. Officials said their companies are charging ahead with a flurry of new electric vehicle (EV) models, citing rising regulatory requirements globally. Michelle Krebs, analyst at online marketplace Autotrader, expects EV sales to remain relatively modest until charging infrastructure, prices and battery performance improve.

  • Daimler to seek 6 billion euros in cost savings at Mercedes - Manager Magazin
    Reuters6 days ago

    Daimler to seek 6 billion euros in cost savings at Mercedes - Manager Magazin

    Daimler is looking to make 6 billion euros (£5.2 billion) in cost savings and efficiency gains by 2021 at Mercedes-Benz passenger cars and a further 2 billion euros at its Daimler Trucks division, Manager Magazin said on Thursday. Around 10,000 jobs will be cut at Daimler, the business-focused magazine said, without citing sources. Daimler declined to comment on the cost savings figure and on Manager Magazin's report but has previously ruled out forced redundancies until the end of 2020.

  • Daimler to seek 6 billion euros in cost savings at Mercedes: Manager Magazin
    Reuters6 days ago

    Daimler to seek 6 billion euros in cost savings at Mercedes: Manager Magazin

    Daimler is looking to make 6 billion euros ($6.75 billion) in cost savings and efficiency gains by 2021 at Mercedes-Benz passenger cars and a further 2 billion euros at its Daimler Trucks division, Manager Magazin said on Thursday. Around 10,000 jobs will be cut at Daimler, the business-focused magazine said, without citing sources. Daimler declined to comment on the cost savings figure and on Manager Magazin's report but has previously ruled out forced redundancies until the end of 2020.

  • 100 car2go Mercedes hijacked in Chicago crime spree
    TechCrunch6 days ago

    100 car2go Mercedes hijacked in Chicago crime spree

    Car2go, the free-floating car-sharing service owned by Daimler, temporarilyshut down its service in Chicago on Wednesday after dozens of Mercedes-Benzvehicles were stolen using the app

  • AMG Boss confirms Mercedes-AMG A 45, CLA 45, GLA 45 to have 420 horsepower, upgraded drivetrain
    Autoblog6 days ago

    AMG Boss confirms Mercedes-AMG A 45, CLA 45, GLA 45 to have 420 horsepower, upgraded drivetrain

    First off, he confirmed that it will produce about 420 horsepower, with the number varying depending on U.S. and European units of power. This powerhouse of an engine will be bolted up to an eight-speed dual-clutch transmission, rather than the seven-speed unit used in the A 35 and CLA 35. Additionally, Moers said the all-wheel-drive system is different to the 35 series of cars, though he didn't say specifically how.

  • Chicago Car2Go app reportedly hacked, some 100 cars missing
    Autoblog6 days ago

    Chicago Car2Go app reportedly hacked, some 100 cars missing

    Car2Go launched in Chicago in the summer of 2018, with 400 Daimler cars rolled out on the Windy City streets soon after. CBS Chicago is reporting that some of the missing cars have been used to commit crimes. It is yet unclear what the hacking has exactly enabled the perps to do, but the compromised app appears to have opened the doors and given the thieves free rein with easily stolen cars.

  • Reuters6 days ago

    Continental, Valeo seek EU antitrust action against Nokia

    German car parts maker Continental and French rival Valeo have joined Daimler and Bury Techologies to seek an EU antitrust investigation into Nokia's patent licensing practices for cars, the Finnish tech company said on Wednesday. Last month, German carmaker Daimler and Bury complained to the European Commission about Nokia's patents essential to car communications.

  • Mercedes-Benz confirms EQB electric crossover
    Autoblog6 days ago

    Mercedes-Benz confirms EQB electric crossover

    At the press conference, Britta Seeger, Daimler board member in charge of Mercedes-Benz sales, updated the gathered media, speaking vaguely about the company's plans, which include 10 new electric models in the pipeline. Then, even more interestingly, Seeger confirmed the coming of an electric version called the EQB, with a launch in 2021. At the time, we speculated that the vehicle would be called the EQB, and now we have confirmation.

  • 2020 Mercedes-Benz GLS is all-new, debuts 4.0-liter biturbo V8 with EQ Boost
    Autoblog6 days ago

    2020 Mercedes-Benz GLS is all-new, debuts 4.0-liter biturbo V8 with EQ Boost

    After two generations and 12 years of wearing the same hard-edged blocky aesthetic that helped establish Mercedes-Benz in the seven-seater segment, the GLS debuted at the 2019 New York Auto Show with a softer, curvier, and more elegant presence. According to Mercedes, its EQ Boost technology is capable of additionally providing up to 21 horsepower and 184 lb-ft of torque for short bursts of time. EQ Boost is an integrated starter generator and a 48-volt onboard electrical system.

  • Mercedes-Benz EQC Edition 1886 is a symbolic passing of the torch
    Autoblog6 days ago

    Mercedes-Benz EQC Edition 1886 is a symbolic passing of the torch

    Mercedes-Benz proudly claims it birthed the automobile on Jan. 29, 1886, when Carl Benz applied for a patent for a "vehicle powered by a gas engine." The three-wheeled car first made its appearance in July 1886, and an era of fossil-fueled mobility began. Now, 133 years later, Benz is ready to mark the beginning of a new electric-powered era with a special edition of its upcoming battery-powered SUV. This is the EQC 1886 Edition.

  • Reuters7 days ago

    Russia's Deripaska ready to give up control of van maker as sanctions bite

    Russian businessman Oleg Deripaska said he was ready to give up control of GAZ after sanctions against the van maker began to bite and as Western partners, such as Germany's Daimler , stopped doing business with the company. Sanctions against GAZ, Russia's biggest van maker, have not yet taken full effect due to licenses for extensions issued by Washington, but are impacting the company, Deripaska said.

  • Reuters7 days ago

    Mercedes-Benz hopes to resume production at GAZ plant in Russia

    German automaker Daimler said it hopes Mercedes-Benz will restart production of its Sprinter Classic vehicles in the near future at the site of sanctioned van maker GAZ, which is controlled by Russian ...

  • 2020 Mercedes-Benz CLA 250 First Drive Review | A sophisticated evolution
    Autoblog7 days ago

    2020 Mercedes-Benz CLA 250 First Drive Review | A sophisticated evolution

    The Mercedes-Benz CLA was a bold move for the big German luxury brand when it launched six years ago with a shockingly low starting price of just under $30,000. Back then, Mercedes was more about spendy sleds like the S-Class than youth-friendly offerings, which led purists to grouse that an affordable entry model could squander the brand's hard-earned cachet. The argument wasn't helped by early concerns about interior build quality: was the cheap starter Benz destined to cheapen the brand?

  • Sila Nano's battery tech is now worth over $1 billion with Daimler partnership and $170 million investment
    TechCrunch7 days ago

    Sila Nano's battery tech is now worth over $1 billion with Daimler partnership and $170 million investment

    Sila Nanotechnologies and its battery materials manufacturing technology arenow worth more than $1 billion

  • Mercedes-AMG GLC 63 gets a few updates, sets a fastest 'Ring lap
    Autoblog7 days ago

    Mercedes-AMG GLC 63 gets a few updates, sets a fastest 'Ring lap

    Mercedes-AMG only put a 4.0-liter twin-turbo V8 in the GLC compact SUV less than two years ago, and has made steady design changes to the line ever since. This year is no different, the entire AMG-touched GLC lineup getting the aesthetic tweaks revealed on the standard GLC at last month's Geneva Motor Show. The Affalterbach division wants to trumpet that the GLC 63 S Coupe - the hottest version in the range - lapped the Nürburgring in an officially notarized 7.49.369 minutes.

  • Reuters7 days ago

    Daimler suspends Mercedes franchise in China after customer complaint goes viral

    Germany's Daimler has suspended a local sales franchise for its Mercedes-Benz brand in China after a customer complaint about service from the dealership went viral on social media. Daimler said in a statement on Tuesday that the dealership in Xi'an city in the northwestern province of Shaanxi had reached an agreement with the customer and was investigating its customer service and business operations, and had suspended the franchise in the meantime. It made no further comment about the move, which came after a video emerged on Chinese social media showing an unhappy Chinese customer protesting at a dealership, and which also prompted a critical response from regulators.

  • Reuters8 days ago

    Daimler: Mercedes sells more than 600 Maybach models a month in China

    Daimler's China chief said sales rose 3 percent in the first quarter, defying an overall downturn in demand in the world's biggest car market, thanks to robust demand for ultra luxury vehicles like the Mercedes S-Class Maybach. Demand is more than 600 a month," Daimler's China chief Hubertus Troska told reporters at the Shanghai Auto Show. China's move to lower value added tax will help boost overall demand for cars for the rest of the year, Troska added.

  • Daimler to launch electric compact SUV in 2021 - CEO
    Reuters8 days ago

    Daimler to launch electric compact SUV in 2021 - CEO

    SHANGHAI (Reuters) - Daimler plans to launch an electric compact sport utility vehicle in 2021 which will be called the Mercedes EQB, the German carmaker's CEO said on Tuesday. Dieter Zetsche made the ...