Daimler AG Stock News

Deutsche Bank sees a path for Daimler AG (DDAIF) to attract a luxury multiple and names the auto stock its top pick in Europe

China Auto Sales Rise 4.5% In 2021, Tesla Sells Record 70,602 Vehicles In December New energy vehicles continue to steal the show in China, with sales totalling 2.99 million units for 2021, according to newly released data from Chinas Passenger Car Association. 2021 battery electric vehicle sales led the charge, according to Bloomberg, with sales up 168.6% to 2.44 million units. Chinas Passenger Car Association said that overall passenger vehicle sales finished the year at 20.5 million units, up 4.5% for the year. Shares of Tesla higher in pre-market trading on Tuesday after it was announced the EV maker sold 70,602 cars in China during December. This marks a 34% sequential rise in sales, according to Bloomberg data, and a record sales month for Elon Musk''s automaker in China. The overall rise in vehicles sales for 2021 in China comes after a torrid November, where we noted weeks ago that sales fell for the seventh straight month in November. Sales were down 9.1% from the year prior as the industry continued to struggle with what is now becoming a year''s long semiconductor shortage.

Daimler AG-backed car sharing marketplace Turo Inc on Monday made public its filing for a stock market flotation in the United States and disclosed its finances for the first time, revealing a 207% jump in revenue.

Mexico Auto Production Plunges To Lowest Annual Level Since 2014 Amid Chip Shortage Mexican automotive production plunged to the lowest levels annually since 2014 as ongoing semiconductor shortages put the brakes on the industry, according to Bloomberg . National statistics agency (INEGI) data shows auto production in December slumped 16.51% to 212,272 vehicles from a year earlier, while exports dropped by 17.31% to 227,465. Volkswagen Group''s Audi was the worst-hit automaker which saw a staggering 74% drop in production. General Motors Co. and Daimler AG''s Mercedes Benz both saw output halved. An unrelenting global semiconductor shortage continues to terrorize automakers in Mexico and all over North America, forcing many to implement rolling shutdowns, curtailing production. Detroit-based General Motors Co''s spokesperson said last month, "the stoppages are due to the shortage of semiconductors, and yes, production decreased due to the shortage." Entering the new year, there''s more bad news: delivery times for chips jumped in December, signaling the semiconductor shortage is worsening .

Daimler AG (DDAIF) delivered over 2.4M units in 2021 of Mercedes-Benz Cars and Vans, despite semiconductor supply chain bottlenecks.Mercedes-Benz Cars Q4 deliveries at 475,968 (-24.7%)…

AlphaValue upgraded shares of Daimler (OTCMKTS:DDAIF) to a buy rating in a report published on Tuesday morning, The Fly reports. Other analysts have also issued reports about the stock. Morgan Stanley lowered shares of Daimler from an overweight rating to an equal weight rating and set a $70.00 price target on the stock. in a []

Several analysts have recently updated their ratings and price targets for Daimler (ETR: DAI): 12/17/2021 Daimler was given a new 80.00 ($89.89) price target on by analysts at HSBC Holdings plc. 12/15/2021 Daimler was given a new 90.00 ($101.12) price target on by analysts at Kepler Capital Markets. 12/13/2021 Daimler was given []

DUBLIN--(BUSINESS WIRE)--The "Global Top 7 Medium & Heavy Truck Manufacturers - 2022 - Strategic Factor Analysis Summary (SFAS) Framework Analysis - Daimler, Volvo, MAN, Scania, PACCAR, Navistar, Iveco" report has been added to ResearchAndMarkets.com''s offering. The 2022 edition of the report provides a comparative SFAS framework analysis, developed originally by Wheelen & Hunger, on the Global Top 7 Medium & Heavy Truck Manufacturers based on a holistic analysis of their strategic

Dublin, Dec. 23, 2021 (GLOBE NEWSWIRE) -- The "Global Top 7 Medium & Heavy Truck Manufacturers - 2022 - Strategic Factor Analysis Summary (SFAS) Framework Analysis - Daimler, Volvo, MAN, Scania, PACCAR, Navistar, Iveco" report has been added to ResearchAndMarkets.com''s offering. The 2022 edition of the report provides a comparative SFAS framework analysis, developed originally by Wheelen & Hunger, on the Global Top 7 Medium & Heavy Truck Manufacturers based on a holistic analysis of their strategic market positioning and degrees of responsiveness to the internal & external environments respectively amid a rapidly evolving industry, global macroeconomy and market landscape.

Dai (CURRENCY:DAI) traded 0.6% lower against the US dollar during the twenty-four hour period ending at 20:00 PM E.T. on December 22nd. In the last week, Dai has traded 0.1% higher against the US dollar. Dai has a market capitalization of $9.29 billion and $426.67 million worth of Dai was traded on exchanges in the []

Luxury Van Market Key Companies Analyzed in this Report Are Ford Motor Company, Volkswagen, Honda Motor Co., Ltd, Daimler AG, Becker Automotive Design, General Motors, Hyundai Motor Company, and Nissan Motor Corporation among others. Luxury Van Market Key Companies Analyzed in this Report Are Ford Motor Company, Volkswagen, Honda Motor Co., Ltd, Daimler AG, Becker Automotive Design, General Motors, Hyundai Motor Company, and Nissan Motor Corporation among others.

The North America dual clutch transmission market is expected to reach US$ 4,738.70 million by 2028 from an estimated value of US$ 2,711.65 million in 2021; it is likely to grow at a CAGR of 8.3% from 2021 to 2028. A

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HSBC lowered shares of Daimler (OTCMKTS:DDAIF) from a buy rating to a hold rating in a research report sent to investors on Friday, The Fly reports. They currently have $80.00 target price on the stock. Several other equities analysts have also recently issued reports on the company. JPMorgan Chase & Co. reiterated an overweight rating []