Daimler Truck will spin off from Daimler on Dec. 10, the commercial vehicle maker said on Thursday, forecasting a 2021 return on sales of 6-8% and aiming for 9% adjusted returns in Asia and 12% in Nor

Daimler pension trust sells 3.1% stake in Renault

01:18pm, Wednesday, 10'th Nov 2021
German carmaker Daimler said on Wednesday its pension trust would sell all shares it holds in French peer Renault and that its industrial partnership was not affected by the transaction.
Daimler AG's top executive said on Wednesday that major semiconductor makers have told the German premium carmaker the global chip shortage that has hit the auto industry this year will not be resolve
Truck manufacturers Paccar Inc., Daimler Trucks North America and Volvo Group North America snagged the lion's share of $127 million in federal SuperTruck 3 money to pursue advanced battery-electric a
Daimler AG (DDAIF) Management on Q3 2021 Results - Earnings Call Transcript
Operating profit at Daimler rises 18% as the car maker focuses on high-end, more profitable vehicles to make up for production losses caused by the chip crunch and other supply-chain disruptions.
Daimler AG said Friday that earnings for the third quarter increased despite the semiconductor shortage that affected production and sales.
Daimler AG on Friday reported a higher quarterly net profit despite a global semiconductor chip shortage that has pummeled the auto industry, as it focused on higher-margin cars and cost cutting.

Why Did Daimler AG's Stock Rise 11% Last Month?

07:30am, Thursday, 28'th Oct 2021
The rise was triggered after the shareholders of Daimler AG approved a spin-off of the truck and bus business as an independent company, Daimler Truck Holding AG, and the renaming of Daimler AG as Mer
Daimler AG Chief Executive Ola Kaellenius told Reuters on Friday the automaker hopes to stabilize its supply chain for semiconductors during this quarter, but expects real relief from shortages of chi
Spin-off of Daimler Truck division could lead to value accretion at the end of the year. Mercedes accelerates BEV transition announcing the new strategy and showing strong commitment to win this race.
The all-electric Mercedes EQS may well be one of the most important cars in company's history. And that's saying a lot, because that's a whole bunch of history.
Ola Kallenius talks jobs cuts to CNBC's Hadley Gamble in Moscow.
Daimler Trucks CEO Martin Daum said the truckmaker, set to spin-off from Daimler in December, will undoubtedly sell less than it could in the coming year as chip shortages hamper production.
STUTTGART, Germany, Oct. 1, 2021 /PRNewswire/ -- Extraordinary General Meeting votes for historic realignment First stock-exchange listing of Daimler Truck Holding AG planned by end of 2021 Renaming o
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