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- Swedish fund Cevian buying Daimler shares: report
- BERLIN, AFP — The Swedish investment fund Cevian Capital is buying shares in the German car maker Daimler, a press report said on Tuesday. The Sueddeutsche Zeitung quoted an unidentified fund manager as saying that Cevian, which also owns stock in the Swedish group Volvo, had bought packets of...
- Research articles 2008-08-05
- Daimler lowers profit forecast on market deterioration
- FRANKFURT AFP — German car maker Daimler cut its full-year profit forecast on Thursday owing to a recent deterioration in auto markets. The company now expects a full-year operating profit of "more than seven billion euros," compared with a previous outlook slightly above the 2007 figure of 7.7 billion...
- Research articles 2008-07-24
- Daimler lowers profit forecast even as second quarter sales rise
- FRANKFURT AFP — The German car maker Daimler posted on Thursday a six-percent increase in second-quarter sales to 25.4 billion euros (40 billion dollars) but warned that its would not meet a full-year operating profit forecast. Second-quarter net profit fell by one-quarter to 1.395 billion euros from 1.849 billion...
- Research articles 2008-07-24
- Daimler unveils plans for truck plant in Chennai, India
- FRANKFURT AFP — German auto group Daimler has chosen Chennai, southern India, as the site for a new truck plant, it said Monday. Construction of the factory in India's fourth-largest city is to begin in the near future, with production of 70,000 vehicles per year foreseen starting in 2010,...
- Research articles 2008-07-07
- Daimler says it will build an auto factory in Hungary
- FRANKFURT AFP — The German auto manufacturer Daimler is to build a new factory in Hungary at a cost of some 800 million euros (1.2 billion dollars) to boost production of smaller models, it said on Wednesday. Daimler planned to build the plant in Kecskemet, 80 kilometers miles southeast...
- Research articles 2008-06-18
- Daimler picks Hungary for its next compact car plant
- FRANKFURT AFP — German auto giant Daimler ended several months of suspense Wednesday with a decision to build a new auto factory for small Mercedes models in Hungary. Daimler said it would invest about 800 million euros (1.2 billion dollars) in a plant in Kecskemet, 80 kilometres (50 miles)...
- Research articles 2008-06-18
- Daimler unveils share buyback plan worth up to six billion euros
- FRANKFURT AFP — German auto manufacturer Daimler said on Tuesday it would buy back about 96.4 million of its own shares, some 10 percent of its outstanding stock, for up to six billion euros (9.3 billion dollars). Daimler's capital structure would also be improved by "reducing the use of...
- Research articles 2008-06-17
- Daimler first quarter profit slumps despite gains at Mercedes
- FRANKFURT AFP — German auto and truck giant Daimler said Tuesday that first quarter net profit fell 30 percent despite a strong performance at its flagship Mercedes-Benz brand. Overall group net profit slumped to 1.3 billion euros (2.0 billion dollars), while operating profit shed 40 percent to 1.97 billion...
- Research articles 2008-04-29
- Medium Buys Drop 5.9% for '07
- Combined medium-duty truck sales declined by 5.9% during 2007, although for the year's final month, the falloff was only 2.6% for vehicles in Classes 3-7. WardsAuto.com's Jan. 11 survey showed that, in general, the lighter the gross-vehicle-weight rating class, the better original equipment manufacturers did with their U.S. retail sales....
- Research articles 2008-03-01
- After record year, Daimler forecasts moderate growth in 2008
- STUTTGART, Germany AFP — Reporting record performance for 2007, German luxury car maker Daimler forecast on Thursday more moderate growth in 2008 owing to a weakening global economy and the effects of the US housing crisis. Daimler posted a 2007 net profit of 4.0 billion euros (5.8 billion dollars),...
- Research articles 2008-02-14
- More cities get on board with hybrids
- Mass-transit systems across the USA are accelerating orders for diesel-electric hybrid buses, despite an extra cost of more than $100,000 per bus. Four cities recently ordered more than 1,700 hybrid buses, General Motors, one of two major manufacturers of hybrid bus systems, plans to announce today....
- Research articles 2008-01-22
- Daimler in heavy vehicle venture with India's Hero Group
- FRANKFURT AFP — German auto giant Daimler and India's Hero Group have agreed to form a joint venture to produce light, medium and heavy duty commercial vehicles for the Indian market, Daimler said Friday. Production for export markets is expected to follow at a later stage, a statement said,...
- Research articles 2007-12-14
- Daimler wraps up first part of share buy-back plan
- FRANKFURT AFP — German car maker Daimler said Tuesday it had wrapped up the first tranche of a vast share buy-back programme with the purchase of around 3.48 billion euros (5.12 billion dollars) worth of its own stock. The programme is aimed at wooing shareholders after several rocky years...
- Research articles 2007-12-11
- Daimler expects huge US demand for tiny Smart car
- WASHINGTON AFP — German car maker Daimler said Tuesday that next month's launch of its tiny Smart car in the United States will unleash such stiff demand the company will have trouble meeting it. "We will not be able to meet demand thus far" for 2008, Daimler chairman Dieter...
- Research articles 2007-12-04
- EU lobby louses.(BEHIND THE LINES)
- BMW, DAIMLER AND PORSCHE have new awards to add to their line-up: the Worst European Union EU Lobbying Award 2007. The three car makers won the prize, awarded by a coalition of corporate accountability and environmental groups, for their joint lobbying push against mandatory carbon emission...
- Research articles 2007-11-01
- Daimler plans commercial vehicle ventures in India, Russia
- FRANKFURT AFP — The German automaker Daimler plans to expand its commercial vehicles division to India and Russia, the Financial Times Deutschland reported Monday, citing management board member Andreas Renschler. Daimler had picked a partner for its market entry in India after months of talks, the newspaper cited Renschler...
- Research articles 2007-10-15
- Cutting Family Ties
- It is difficult to make very hard business choices when it comes to family. Bill Ford's move last month to bring in an outsider - Alan Mulally, the former head of Boeing - to lead Ford Motor Co.'s turnaround was an acknowledgement that he, Ford, and the current management team...
- Research articles 2006-10-01
- Daimler's net profit dips 21%
- DETROIT -- DaimlerChrysler AG on Tuesday reported a $910 million profit for the third quarter, buoyed by sales of new products at its Mercedes and Chrysler divisions. The results were in sharp contrast to U.S. rivals General Motors Corp. and Ford Motor Co., which reported substantial losses last week. ...
- Research articles 2005-10-26
- CONTROL, CONFLICT AND CONCESSION: CORPORATE GOVERNANCE, ACCOUNTING AND ACCOUNTABILITY AT BIRMINGHAM SMALL ARMS, 1906-1933
- Abstract: This paper takes as its starting point the relevance of a historical perspective to the study of corporate governance. Corporate governance is concerned with the institutions that influence how business corporations allocate resources and returns, and with the exercise of accountability to investors and other stakeholders. The historical model...
- Research articles 2005-06-01
- Daimler converts Hyundai Motor stake into GDRs prior to sale: report
- SEOUL AFP ? US-German auto group DaimlerChrysler has converted its holding in Hyundai Motor into global depository receipts GDRs as a first step towards the breakup of its ties with the South Korean partner. The conversion of DaimlerChrysler's 10.44 percent stake worth 835 million euros one billion dollars into...
- Research articles 2004-05-04
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