Daimler AG Stock News

Daimler Truck CEO Martin Daum says there are "no surprises" in the company's opening share price following its spin-off from Daimler AG.

The newly spun-off truckmaker Daimler Truck will prioritise investment in future technologies over boosting its profits if it achieves the two-digit margin it is targeting, CEO Martin Daum said at a r

Daimler Truck launched on the Frankfurt Stock Exchange on Friday after the heavy-goods operation was spun off from its holding group, soon to be renamed as Mercedes-Benz.

Shares in commercial vehicle maker Daimler Truck opened at 28 euros ($31.62) per share after its market debut on Frankfurt Stock Exchange on Friday, marking its long-awaited spinoff from Daimler AG.

Daimler Truck's focus on zero-emission technology will put it in competition with companies like Tesla and Geely.

The German car maker beats Tesla to the punch with a car that will allow drivers to let go of the wheel in some situations.

Daimler (DDAIF) and Stellantis (STLA) rev up their EV game plan with the decision to make a strategic investment in solid-state battery maker Factorial Energy.

Factorial Energy, a startup working on solid-state batteries for electric vehicles, has added two more major automakers to its investor sheet: Mercedes-Benz and Stellantis, both of which plan to co-de

Daimler Truck Chief Martin Daum expects the global chip shortage to hit revenues by several billion euros this year and sees the problem continuing into next year, Automobilwoche reported on Sunday.

Daimler's China sales will stay strong next year, the carmaker's China chief said on Thursday, adding he was confident that Mercedes-Benz could grow its share of the country's electric vehicle market

Daimler will produce the first in-house electric motor at its oldest plant in Berlin from 2022, the carmaker said on Thursday, providing relief to workers worried that the diesel motor production site

Martin Daum emphasized that a number of factors were in play when it came to the costs of electric trucks.

Martin Daum, CEO of Daimler Truck, outlines what the company will look like after its spin off from Daimler in December and how it will look to improve profitability.

Daimler Truck CEO Martin Daum revealed Friday that he's more worried about the global semiconductor shortage than he is about the economic impact of the coronavirus pandemic.

Speaking to CNBC on Friday, Martin Daum also addressed the huge amounts of energy required for heavy duty commercial vehicles.