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  Daimler lost money for the first time in a decade, seeking cooperation to alleviate the profit crisis

  Recently, Daimler Group released its second-quarter financial results, which showed that Daimler Group's revenue was 42.65 billion euros, up 5% from a year earlier, and a loss of 1.56 billion euros before interest and tax, compared with a profit of 2.6 billion euros in the same period last year. Daimler shares fell 2.85 per cent the following day, the first quarterly loss for Daimler Group since 2010. Daimler's second-quarter results came a day after Beijing Auto announced a stake in Daimler, with a 5% stake. Thirdly, the first and third largest shareholders of surrogate mothers come from Chinese companies, namely Geely Group, which holds 9.69% of the shares.

  Daimler losing money seeking 2019-07-31
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  One of the biggest restructurings in Durham history! Daimler Group will be reorganized and split into three major companies in November

  According to foreign media reports, the Daimler Group business will be officially split into three entities: Mercedes-Benz (Mercedes-Benz AG), Daimler truck Company (Daimler Truck AG) and Daimler Mobile Travel Company (Daimler Mobility AG). Among them, Mercedes-Benz will be responsible for cars and trucks, Daimler trucks will be responsible for trucks and buses. Daimler's financial services division, which is already an independent entity, will be renamed Daimler Mobile Travel on July 24. At the same time, it will also be Dam.

  Daimler Durham. 2019-05-22
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  BAIC responded to the rumor of "increasing its stake in Daimler to 9.9%", saying it did not know about it.

  A few days ago, several media reported that BAIC plans to increase its 4.99% stake in Daimler Group by buying shares in the secondary market, when its total shareholding will reach 9.99%, surpassing Geely to become Daimler's largest shareholder. In response to this report, the person in charge of BAIC said in response to the Daily Economic News that "I don't know."

  Daimler 2020-09-10
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  Kang Linsong took over Daimler, established a new group structure and comprehensively promoted the electrification strategy.

  After Conlinson took the helm of Daimler on April 22nd, Daimler shareholders approved the establishment of a new group structure, the biggest restructuring since the merger with Chrysler. Daimler will be split into three separate divisions, including passenger vehicles, commercial vehicles and travel and financial services. The new structure, which will cost about 700m euros ($780 million), aims to speed up decision-making and make it easier for departments to build partnerships. Ola Kallenius, a 49-year-old Swede, replaced 66-year-old Dieter Zetsche.

  Nissan testing research 2019-05-25
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  Geely Li Shufu: hope to deepen the cooperative relationship with Daimler Group

  2020 is an important year for Geely, which will deepen its partnership with Daimler in addition to advancing the process of merging with Volvo. Li Shufu, chairman of Geely holding Group, said that Geely is exploring the possibility of further deepening cooperation with Daimler, parent company of Mercedes-Benz, and does not rule out the possibility that new cooperation opportunities will be created between Geely and Daimler. In addition, Li Shufu also said that a number of new products and services will be launched around the world this year. Lectra will be introduced to the European market in 2020, and Geely acquired Daimler AG through its overseas funds in February 2018.

  Geely Daimler. 2020-05-24
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  Affected by emissions gate and recall, Daimler's profit fell by more than 50% in 2019.

  German carmaker Daimler Group released its results for the fiscal year 2019 ended December 31, 2019. The results show that Daimler Group sold 3.34 million vehicles in 2019, with turnover up 3% year on year to 172.7 billion euros, while net profit fell to 2.7 billion euros from 7.6 billion euros the previous year. Daimler issued its third profit warning for fiscal year 2019 last month, saying profit before interest and tax fell by about 50 per cent to 5.6 billion euros ($6.2 billion) in 2019 from 11.1 billion euros in the same period in 2018. The reason for the decline in profits is mainly due to diesel.

  Mercedes Benz 2020-02-11
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  Xu Heyi publicly responded to BAIC's stake in Daimler for the first time.

  According to relevant media reports, Xu Heyi, chairman of BAIC, made a public response to the Daimler stake for the first time, stressing that the current cross-shareholding relationship was not due to changes in the situation later, but years ago. On July 23, BAIC officially announced that it had completed the acquisition of a 5% stake in Daimler AG, continuing to consolidate the partnership between the two sides. At the same time, BAIC has also become Daimler's third largest independent shareholder. On July 29, Xu Heyi, chairman of BAIC Group, said frankly at the media forum of BAIC Group that BAIC had made a lot of painstaking efforts to acquire a stake in Daimler, and it took a long time to prepare for this. "me.

  Daimler respond BAIC 2019-07-30
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  To cut costs, Daimler, parent company of Mercedes-Benz, will cut another 10,000 jobs.

  Daimler, the parent company of Mercedes-Benz, is embarking on a new round of cost-cutting plans due to a sharp drop in profits. Foreign media reported that Daimler plans to cut another 10,000 jobs by the end of 2025, after Daimler announced that it would cut at least 10,000 jobs worldwide by 2022. It is reported to be part of a new cost-cutting plan by Ola K llenius, CEO of Daimler. Daimler also plans to outsource IT services and cut jobs in research and development. Daimler's layoffs and cost-cutting programs were officially launched as early as last year. In November 2019, Daimler announced.

  Daimler Mercedes Benz 2020-06-22
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  History changed its name for the third time! Daimler will change its name to Mercedes-Benz

  There may be no such name as "Daimler" after February this year. According to media reports, Daimler will officially change its name to "Mercedes-Benz Group" from February 1 this year. The change is due to the company's desire to unleash shareholder value and focus more on the electrification transformation of the automotive industry, and this will be the third time in its history that the company has changed its name. Ola Kallenius, Daimler's chief executive, is seeking a higher valuation for the luxury carmaker to cope with the electrification of the car industry, Reuters reported. European Automotive analyst at Royal Bank of Canada Capital Markets.

  Daimler 2022-01-29
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  After BAIC reported to increase its stake in Daimler, Daimler wants to increase its stake in Beijing Mercedes-Benz?

  Daimler is seeking to acquire a stake in Beijing Mercedes-Benz, including a plan to increase its 49 per cent stake in Beijing Mercedes-Benz to 75 per cent, Reuters reported, citing people familiar with the matter. Daimler's plan has met some opposition within BAIC because it wants to maintain control of its lucrative business, according to people familiar with the matter. Beijing Mercedes-Benz Motor Co., Ltd. benefited from strong sales of Mercedes-Benz cars and helped BAIC fund the expansion of other businesses. Some media verified the news to the Public Relations Department of BAIC Group. BAIC Public Relations Department said that there was "no official news" and Daimler Group did not make a statement.

  Beijing Mercedes Benz 2019-12-17
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  Daimler is mired in a diesel scandal and profits continue to decline, and BAIC Geely competes to buy its shares.

  Daimler's profits fell sharply as a result of the "diesel door" incident, but BAIC and Geely were interested in the future of its automation and competed to acquire shares. In just 12 months, Daimler has issued four profit warnings. In June, Daimler announced a cut in its profit forecast, the third time this year that Daimler has cut its profit forecast for 2019. Daimler had previously insisted that profits would increase in 2019 compared with the same period last year, but this time Daimler admitted that earnings before interest and tax in 2019 were expected to be the same as in 2018. The latest profit warning is.

  Geely Daimler profit BAIC diesel 2019-07-24
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  BMW Volkswagen was fined 6.7 billion yuan, and Daimler's surrender was exempted.

  According to CCTV news, the European Commission announced on the 8th that three German car manufacturing groups, Daimler Group, BMW Group and Volkswagen Group, have joined forces to curb the full use of clean technology for diesel exhaust. In violation of the EU anti-monopoly law, Volkswagen and BMW were fined a total of 875 million euros (about 6.7 billion yuan). Daimler, BMW and Volkswagen, Audi and Porsche all have technologies to reduce harmful emissions from diesel vehicles below EU standards, and the five companies colluded between 2009 and 2014, the European Commission said. avoid "exhaust.

  Volkswagen BMW 2021-07-10
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  Daimler issued a profit warning, and its first quarter earnings are expected to decline by 70%.

  In the face of a sudden COVID-19 epidemic since 2020, it seems to have completely disrupted the rhythm of the global automobile industry. According to foreign media reports, Daimler said today that due to the spread of novel coronavirus, the market demand for Mercedes-Benz models has dropped sharply, and the group's first-quarter earnings are expected to fall by nearly 70 per cent. According to Daimler, profit before interest and tax in the first quarter after preliminary adjustment was 719 million euros (about 5.51 billion yuan), down 68.9 percent from the same period last year. Among them, Mercedes-Benz car and truck division adjusted EBIT for 603 million euros; the group is free after adjustment.

  Daimler 2020-04-23
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  Daimler and Geely may work together in the field of electric vehicles

  According to foreign media reports, Daimler AG is currently discussing matters related to cooperation in the field of electric vehicles with Geely. An Conghui, president of Zhejiang Geely holding Group Co., Ltd., said Geely will transform from an automaker to a global automotive technology group, while Daimler financial services company CEO Entenman has also said that Daimler Group is ready to continue with the transformation, so this discussion can help the two sides achieve the transformation together through cooperation. As early as last August, Geely and Daimler discussed the three major areas of electrification, self-driving technology and the future of cars, and set up several projects to communicate. On the auspicious side.

  2019-03-14
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  Daimler Group will lay off more than 10,000 people and 10% of its management in order to transform.

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  Daimler layoffs 2019-11-10
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  Daimler's first-quarter profit fell 37%, while sales in China fell 3%.

  Daimler Group released the latest financial results, Daimler's first-quarter revenue of 39.7 billion euros, basically the same as the same period last year, net profit of 2.15 billion euros, down 9% from a year earlier. Of this total, pre-tax profit (EBIT) fell 16% from a year earlier to 2.8 billion euros, below analysts' expectations of 2.89 billion euros. In response, Daimler Global President Zetsche said, "We are not satisfied with the performance of the first quarter, and after such a start, we need to make more efforts to achieve the full-year target for 2019." As for the decline in performance, Daimler said it was mainly due to Mercedes-Benz sales.

  Daimler first profit 2019-04-27
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  Daimler completes 12 billion euro credit line, group executives cut salaries by 20%

  According to foreign media reports, in response to the impact of the COVID-19 epidemic crisis, Daimler Group has signed a credit line agreement of 12 billion euros (92.2 billion yuan) to enhance its financial flexibility in the event of the epidemic crisis. Daimler said that the banks that signed the loans, including BNP Paribas, BNP Paribas, Deutsche Bank and JPMorgan Chase, could be used within 12 months, with two options for an extension of six months. It is understood that two years ago, Daimler Group signed a credit line of 11 billion euros with some international banks, which will be provided until 2025.

  Mercedes-Benz Ford GM 2020-04-03
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  Three profit warnings have been issued and Daimler has streamlined management to revive performance

  On February 20th, Daimler's website announced that it was streamlining the management of its finance, production and development departments to eliminate duplication of management positions between Mercedes-Benz and Daimler. The adjustments are as follows: Ola Kaellenius, Daimler's chief executive, will succeed Wilfried Porth in charge of Mercedes-Benz's light commercial vehicle business, while Boulter will continue as Daimler's director of human resources. Harald Wilhelm, chief financial officer, will take over from Merseyside on April 1.

  Daimler Mercedes-Benz 2020-02-21
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  Daimler will attach importance to the Chinese market, cancel local expansion and transfer to China

  Daimler Group recently said that in order to achieve the transfer of Mercedes-Benz business, it will reduce localization investment and accelerate the development of China at the same time.

  Daimler 2020-09-07
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  Daimler shelves the research and development of new products of internal combustion engine for electric vehicles.

  According to foreign media reports, German carmaker Daimler said it would stop the research and development of internal combustion engines and focus on electric cars. This may mean that the internal combustion engine, as a powertrain, is dying out after occupying a dominant position in the automobile industry for a century. But Daimler recently released a new generation of internal combustion engines, but this may be the last generation of internal combustion engines. According to a German automotive magazine, Daimler Development Director Marcus Schaefer (Markus Schaefer) said Daimler currently has no plans to develop the next generation of internal combustion engines, but is focused on developing new electricity.

  Electric cars internal combustion engines Daimler 2019-09-20