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Euro Auto Registrations Plunge 17% In November, Post Worst Number Since Data Collection Began In 1993 European auto stocks are on watch heading into Friday''s cash session in the U.S., after ugly November sales data was released from across the pond. New registrations plunged 17% in November, marking the fifth month in a row where the region''s auto market contracted, according to Bloomberg Friday morning. New car registrations came in at 864,119, the worst number since the European Automobile Manufacturers Association started tracking figures in 1993, the writeup says. It hampers gains in new car registrations for the year, which are now only up 0.8% heading into the last month of 2021. So much for a post-pandemic turnaround Stellantis, Daimler, BMW, Volkswagen and Renault will all be on watch Friday, and likely heading into next week. Suppliers and tire producers like Michelin and Pirelli will also be in focus. This follows data out of China for November , which showed vehicle sales fall for the seventh straight month.

HSBC Lowers Daimler (OTCMKTS:DDAIF) to Hold

10:52am, Saturday, 18'th Dec 2021 Transcript Daily
HSBC lowered shares of Daimler (OTCMKTS:DDAIF) from a buy rating to a hold rating in a report issued on Friday, The Fly reports. They currently have $80.00 price objective on the stock. A number of other research analysts have also recently issued reports on the company. Barclays reiterated an overweight rating on shares of Daimler []

Dai (DAI) Reaches Market Cap of $9.14 Billion

09:16pm, Friday, 17'th Dec 2021 Transcript Daily
Dai (CURRENCY:DAI) traded 0.5% lower against the dollar during the one day period ending at 16:00 PM ET on December 17th. One Dai coin can now be purchased for $1.00 or 0.00002151 BTC on major cryptocurrency exchanges. During the last seven days, Dai has traded up 0.1% against the dollar. Dai has a total market []

Daimler (ETR:DAI) Given a €80.00 Price Target at HSBC

04:12pm, Friday, 17'th Dec 2021 Transcript Daily
Daimler (ETR:DAI) has been given a €80.00 ($89.89) target price by analysts at HSBC in a note issued to investors on Friday, Borsen Zeitung reports. HSBC’s target price would suggest a potential upside of 11.51% from the stock’s previous close. DAI has been the subject of a number of other research reports. UBS Group set […]

Traton, Daimler Truck and Volvo sign deal for HGV charging network

03:31pm, Friday, 17'th Dec 2021 Motor Transport
Traton, Daimler and Volvo have signed a joint venture agreement to operate a public charging network for battery electric, heavy-duty, long-haul trucks and coaches across Europe. Equally owned, it is scheduled to start operations in 2022, subject to regulatory approval. The three parties are collectively investing 500m (£426m) in the project and will look to install at least 1,700 high-performance green energy charging points on and close to highways, as well as at logistic and destination points, within five years. [] The post Traton, Daimler Truck and Volvo sign deal for HGV charging network appeared first on Motor Transport .
New Jersey, United States,- Verified Market Research has recently published a research report titled, Luxury Car Market Size, and Forecast 2021-2028, Breakdown Data by Manufacturers, Key Regions, Types and Application. Primary and secondary research methodologies have been used to formulate

German shares fall over 1 percent ahead of Fed policy decision

07:05pm, Tuesday, 14'th Dec 2021 Big News Network
FRANKFURT, Dec. 14 (Xinhua) -- The German benchmark DAX declined more than 1 percent Tuesday as investors waited for the start of the Federal Reserve''s final policy meeting of the year amid growing omicron concerns. The DAX index went down 168.16 points, or 1.08 percent, to close at 15,453.56 points. Automotive manufacturer Daimler lost the most among the blue chips, down by 3.42 percent, followed by European mu
Profiles of major market players operating in the global industry 4.0 market, which include BOSCH REXROTH AG, MASCHINENFABRIK REINHAUSEN GMBH, SAS, SIEMENS AG, WITTENSTEIN AG, GENERAL ELECTRIC COMPANY, DAIMLER AG, KLÖCKNER & CO. SE, TRUMPF GMBH, and FESTO AG & CO. KG. Profiles of major market players operating in the global industry 4.0 market, which include BOSCH REXROTH AG, MASCHINENFABRIK REINHAUSEN GMBH, SAS, SIEMENS AG, WITTENSTEIN AG, GENERAL ELECTRIC COMPANY, DAIMLER AG, KLÖCKNER & CO. SE, TRUMPF GMBH, and FESTO AG & CO. KG.

Dai (DAI) Achieves Market Cap of $9.13 Billion

12:18pm, Tuesday, 14'th Dec 2021 Dakota Financial News
Dai (CURRENCY:DAI) traded up 0.1% against the US dollar during the one day period ending at 7:00 AM E.T. on December 14th. One Dai coin can now be bought for approximately $1.00 or 0.00002090 BTC on major exchanges. Over the last week, Dai has traded 0.1% higher against the US dollar. Dai has a market []
Natural Gas (GAS) vehicles can run only on natural gas, or they can run on dual fuel natural gas or gasoline or natural gas and diesel. Most natural gas engines are spark-ignited, so the most common dual fuel combination is

Daimler welcomes commitment of Chinese long-term partner BAIC

05:18pm, Monday, 13'th Dec 2021 Big News Network
BERLIN, Dec. 13 (Xinhua) -- Daimler said on Monday that it welcomes the commitment of Chinese Beijing Automotive Group Co Ltd (BAIC) to their long-term partnership. BAIC has held a 9.98 percent stake in the German car manufacturer since 2019. Daimler, on the other hand, owns a 9.55 percent stake in BAIC''s Hong Kong-listed unit BAIC Motor, as well as a stake of 2.46 percent in the Shanghai-listed BAIC BluePark. A

Daimler Truck jumps in second day of trade

01:54pm, Monday, 13'th Dec 2021 MarketWatch
Daimler Truck surged 9% on Monday, its second day of trade following the spinoff from Daimler . JPMorgan started coverage with a 48 price target, with a valuation based on how Volvo Trucks trades, as well as large cost-cutting measures in product costs and overhead fixed costs that should lift margins and profitability. Bank of America started coverage with a 40 target, saying the index-driven overhang offers opportunity for a 30% discounted entry into the global truck market leader. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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