|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||16.51 - 16.95|
|52 Week Range||16.51 - 23.58|
|PE Ratio (TTM)||6.08|
|Forward Dividend & Yield||1.13 (6.22%)|
|1y Target Est||N/A|
This column provides a daily update on key presidential actions as well as comments, whether spoken aloud or on Twitter, by President Trump. President Donald Trump threatened Friday to place tariffs on European cars, as he told congressional Republicans to stop “wasting their time” on immigration until after the midterm elections, and urged OPEC to boost oil production.
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).
New Portland center will lead a global network of Daimler Trucks automated truck research and engineering facilities. Daimler Trucks announced today the creation of an Automated Truck Research and Development Center in Portland, Ore. The facility will be located at Daimler Trucks North America (DTNA) headquarters on Swan Island in Portland, where DTNA already has a significant research and development presence, including a full-scale heavy-duty truck wind tunnel on Swan Island and the High Desert Proving Grounds nearby in Madras, Ore.
The White House is ready to confirm tariffs on imported European steel Thursday, according to multiple media reports, in the latest escalation of a brewing global trade war that could slow growth in the world's biggest economies. Multiple media reports suggest the tariffs, which would apply to around $7.5 billion in imported steel and aluminium products, will kick-in on June 1, a date previously established when President Donald Trump unveiled the package on March 23 but allowed for exemptions for certain trade partners, including the European Union. EU President Jean-Claude Junker has threatened to reply with tariffs on $3.4 billion worth of U.S. imports, including Levi's jeans and Harley Davidson HOG motorcycles, but U.S. Commerce Secretary Wilbur Ross warned that any retaliation would only sharpen the White House's resolve.
European stocks edged higher Thursday, as elevated concerns over Italy's deepening political crisis showed signs of abating.
TORONTO (AP) — The car-sharing service car2go said Thursday it is indefinitely suspending its operations in Canada's largest city because parking regulations make its business inoperable.
China's Finance Ministry said Tuesday that it will slash import tariffs on automobiles into the world's biggest car market in what could be the most significant step by officials in Beijing to placate demands of President Donald Trump to trim the country's multi-billion trade surplus with the United States. China will cut the tariff to around 13.8%, the Ministry said, from the current level of 25%, while reducing the levy on imported car parts to 6% from 10%, in an effort to open the market further to foreign competition. The reductions will take effect on July 1, the Ministry said in a statement.
Moody's Investors Service, ("Moody's") has assigned a definitive rating to the Series 2018-A notes issued by Mercedes-Benz Master Owner Trust (MBMOT 2018-A). The rating is based on the quality of the underlying auto dealer floorplan receivables, the strength of the capital structure, and the experience and expertise of MBFS as the servicer. Other factors driving our analysis of MBMOT include the transaction's credit enhancement step-up trigger, early amortization trigger, and vehicle values under stressed scenarios.
Moody's Investors Service, ("Moody's") has today upgraded to Ba1 from Ba2 the corporate family rating (CFR) and to Ba1-PD from Ba2-PD the probability of default rating (PDR) of Volvo Car AB (Volvo Car). Concurrently, Moody's has upgraded to Ba1 from Ba2 Volvo Car's senior unsecured notes rating. "The upgrade of Volvo's ratings was driven by continued improvements in its operating performance and credit metrics and our expectation that this trend will continue in the current fiscal year founded by further successful new model launches," says Falk Frey, a Senior Vice President and lead analyst for Volvo Car.
Dr. Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars: "We are sustainably continuing along our profitable growth course and sold more vehicles than ever before in a first quarter. Bodo Uebber, Member of the Board of Management of Daimler AG responsible for Finance & Controlling and Daimler Financial Services: "We made a good start to the year and have continued investing in the future.
BEIJING (AP) — Facing the risk of a trade fight with the United States, China announced plans Tuesday to allow full foreign ownership of automakers in five years.
President Xi Jinping's pledge to significantly lower tariffs on imported vehicles came hours after President Trump on Monday tweeted about China's 25% tariff on cars from the U.S.
BERLIN, April 5, 2018 /PRNewswire/ -- At the Annual Shareholders' Meeting of Daimler AG in Berlin on Thursday, the shareholders approved a dividend of €3.65 per share for financial year 2017. The dividend distribution amounts to €3.9 billion. The dividend will be paid out on the third business day after the resolution by the Annual Shareholders' Meeting, April 10, 2018, to all shareholders who held shares in Daimler AG on April 5, 2018.
"Daimler AG mastered many challenges extremely well in financial year 2017 and achieved outstanding results. New records were set for unit sales, revenue, earnings and profitability," stated Manfred Bischoff, Chairman of the Supervisory Board of Daimler AG, when welcoming the expected approximately 6,000 shareholders at the company's Annual Shareholders' Meeting held at CityCube in Berlin today. "Daimler is now more successful than ever before.
Moody's Investors Service, ("Moody's") has assigned definitive ratings to the notes issued by Daimler Trucks Retail Trust, Series 2018-1 (DTRT 2018-1), sponsored by Mercedes-Benz Financial Services ...
The BMW Group and Daimler AG are joining forces to offer customers a single source for sustainable urban mobility services. The two companies today signed an agreement to merge their mobility services business units. Subject to examination and approval by the responsible competition authorities, the BMW Group and Daimler AG plan to combine and strategically expand their existing on-demand mobility offering in the areas of CarSharing, Ride-Hailing, Parking, Charging and Multimodality.
New standards require formal changes in the outlook for 2018 for Mercedes-Benz Cars and Daimler Buses. As of financial year 2018, Daimler AG will adjust its financial reporting to comply with the new standards IFRS 9 and 15. The introduction of IFRS 15 effective January 1, 2018 results in changes to revenue recognition.
Moody's Investors Service today affirmed the Ba1 rating assigned to DTE Energy Center LLC's (DTEEC) senior secured bonds due 2024. The rating outlook remains stable. RATING RATIONALE The Ba1 rating affirmation ...
Moody's Investors Service has assigned provisional ratings to the notes to be issued by Daimler Trucks Retail Trust, Series 2018-1 (DTRT 2018-1), sponsored by Mercedes-Benz Financial Services USA LLC (MBFS ...
DETROIT (AP) — General Motors, Fiat Chrysler, Volkswagen and Mercedes all knew of problems with dangerous exploding Takata air bag inflators years before issuing recalls, according to three class actions filed Wednesday with the federal court in Miami.
German automakers were on the back foot Monday after President Donald Trump suggested import tariff increases amid a brewing trade war with the European Union.
An impending trade war and political instability in one of Europe's biggest economies has markets on edge Monday, but regional stocks are firmly in the green and Wall Street is looking for an opening bell ...