BNET Industries
Last Fiscal Year Sales:$146.4B
- Private
Dow Jones Description
DaimlerChrysler split in August 2007 becoming separate companies: Daimler AG and Chrysler LLC.
Contact Information
Peer Companies
NAICS Code Motor Vehicle Body Manufacturing: 336211
News & Analysis
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daimlerchrysler ag - All News and Analysis
Shell sells off stake in biofuel firm Choren
Royal Dutch Shell is selling a minority stake in German biofuel firm Choren to remaining shareholders including Daimler and Volkswagen and a consortium of Hamburg-based investors. The firm develops biomass gasification technology and claims to be opening the first commercial biomass-to-liquids plant. The facility will begin producing synthesis gas...
The Housing Shell Game Moves to Autos
Trader Mark submits: The Wall Street Journal reports of a new round of bailouts for GMAC GMA. If you are not familiar with how the full Ponzi scheme economy is working, I touched on this in a June piece well before Cash for Clunkers. Let's review. ......
SK supplies batteries to Mitsubishi Fuso
South Korean energy and petrochemical firm SK Energy will supply batteries to Japanese commercial vehicle maker Mitsubishi Fuso Truck & Bus under a two-year deal. Mitsubishi Fuso will use the lithium-ion batteries in hybrid-electric and all-electric vehicles. Mitsubishi Fuso is 85% owned by German carmaker Daimler, with the remaining...
Auto Industry Oversight Trickling Down to Dealers
TheCarConnection.com submits: By Richard Read With the recent restructuring of Chrysler DCX and General Motors, there's been a lot of focus on auto dealers -- particularly those who were axed from the two companies' networks. Considerable time and energy on Capitol Hill has been dedicated to...
Daimler and TQEV discuss electric van partnership - Rumour
China-based Tianjin Qingyuan Electric Vehicle TQEV is in discussions with Daimler to develop an electric version of a van manufactured by the German car maker in China, according to Reuters. The firm is reportedly in talks with other car makers including Hyundai Motors and BAIC joint venture Beijing Hyundai...
Tesla raises USD82m for retail expansion
California-based Tesla Motors has raised USD82.5m in a Series F funding round led by Fjord Capital Management. Existing investors Daimler and Aabar Investments PJSC also participated in the round to maintain their combined equity stake of approximately 10%. Other investors in the round are undisclosed. The investment, which was...
Daimler sells part of Tesla stake
Abu Dhabi-based Aabar Investments is paying an undisclosed sum to acquire 40% of Daimler’s stake in electric vehicle EV firm Tesla. Daimler, which invested in Tesla in May, will retain a 6% stake in the company. In March, state-owned investment...
Daimler buys 10% stake in Tesla
German carmaker Daimler is paying a rumoured USD50m to acquire a stake of nearly 10% in California-based electric car firm Tesla Motors. As part of the deal, the pair will collaborate on developing battery and electric drive systems. The investment and collaboration builds on a partnership established in January,...
CDS Contracts and the Implosion of Eastern European Economies
Edward Harrison submits: Today I saw two blurbs about Eastern Europe which I want to pull together with a bit of added commentary about the automakers in the U.S. The first blurb had to do with the Baltics and their probable downgrade to junk by the ratings agencies. ...
Aabar buys USD2.6bn Daimler stake
Abu Dhabi-based Aabar Investments PJSC is paying EUR1.95bn (USD2.6bn) to acquire a 9.1% stake in German carmaker Daimler. If approved, Aabar will become Daimler’s largest stakeholder. The pair will cooperate on the development of electric vehicles, new materials for the car industry and a training centre in Abu Dhabi....
Industry Transcripts by Seeking Alpha
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Delek US Holdings Inc. Q3 2009 Earnings Call Transcript
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