Daimler's Bump in the Road
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A swift response to problems should speed the automaker's recovery.
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Auto manufacturers had a great month, with one glaring exception.
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DaimlerChrysler is cash rich to the tune of USD$912 million after selling off its Hyundai Motor Co. Ltd stock yesterday. The world&#39;s ...
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Germany, with its high costs, reluctant consumers and restive auto workers, has become a major drag on the country's two largest carmakers, DaimlerChrysler and Volkswagen, which both reported mixed earnings on ...
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By Bob Fernandez The Philadelphia Inquirer  Cars and trucks whiz along Interstate 95 outside CMP Technologies. The blurring vehicles are a metaphor for the company's fast-moving business.  The Rohm & Haas Co.
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DaimlerChrysler AG posted a $1.18 billion profit for the third quarter as sales climbed 2 percent to $43.1 billion. However, the German-American automaker also disclosed that the Mercedes-Benz Group faces tough sledding in months to come.
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Think twice about that new car -- it will plunge in value quickly.
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Germany, with its high costs, reluctant consumers and restive auto workers, has become a major drag on the country's two largest carmakers, DaimlerChrysler and Volkswagen , which both reported mixed earnings on ...
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When Thomas Haebich started working on the assembly line at Daimler-Benz AG two decades ago, he thought he had a job for life. But he no longer feels he can count on it.
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The German car maker - losing market share fast in recent months - hits back with models to enable it to compete in new markets.
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Dieter Zetsche's DaimlerChrysler opens the door to divestiture.
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Labour conflict looks set to boil over in the German automobile sector in the coming weeks as car makers such as Volkswagen and Opel seek to impose rigorous belt-tightening measures as an answer to chronically weak demand.
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FRANKFURT, Germany (International Herald-Tribune) - Automaker Daimler AG, which sold off most of its stake in Chrysler this year, posted a loss of $2.18 billion for the third quarter on Thursday, largely because of write-offs related to the undoing of its merger with Chrysler. Analysts had expected a loss, given the Chrysler sale.  Excluding the one-time charges, the company said it would have posted profits of 1.1 billion euros ($1.57 billion).  Shares of Daimler rose 1.4 percent to 75.37 euros ($107.25) in Frankfurt.
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The auto maintenance company has a simple business but a complicated prognosis.
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German carmaker Daimler (DAIGn.DE)  aims for higher growth and to be one of the world's most  profitable car manufacturers, its chief executive told workers  in a letter, Frankfurter Allgemeine Sonntagszeitung reported.
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Net income was 1.7 billion euros ($2.5 billion) in contrast to a loss of 12 million euros in the period a year earlier, Daimler said.
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Opel gets by without layoffs.â Readers taking in these and similar headlines earlier this week were well advised to read the fine print.