daimler ag-registered shares (DDAIF) Key Developments
Chrysler to Recall about 288K Ram Pickup Trucks
Dec 19 14
Chrysler is recalling about 288,000 older Ram pickup trucks in North America and elsewhere because the rear axle can seize or the drive shaft can fall off. The recall covers Ram 1500 pickups from the 2005 model year. The agency found 15 complaints, including seven drivers who reported that the wheels locked at speeds over 50 miles per hour. Chrysler says there have been three crashes and one injury due to the problem. The recall includes nearly 257,000 trucks in the U.S., another 22,000 in Canada, 8,800 in Mexico and 400 outside North America. The affected trucks were made from Jan. 28, 2004 to Aug. 3, 2005.
Chrysler Expands Air Bag Recall
Dec 12 14
Chrysler is bowing to demands from U.S. safety regulators and will add about 179,000 vehicles to a recall for air bags that could explode with too much force. The expansion covers the Ram pickup from 2003 to 2005 model years, as well as the 2004 and 2005 Dodge Durango, 2005 Chrysler 300 and 2005 Dodge Magnum. At first Chrysler agreed to replace the passenger air bag inflators made by Takata Corp. in Florida, Hawaii, Puerto Rico and the U.S. Virgin Islands. But under pressure from the National Highway Traffic Safety Administration, the company added more states with high humidity. The new boundaries are Alabama, Florida, Georgia, Hawaii, Louisiana, Mississippi, Texas and five U.S. territories. The air bags can explode with too much force and spew shrapnel into the passenger compartment.
Daimler AG Appoints Ola Kallenius to the Board of Management, Effective January 1, 2015
Dec 12 14
In its meeting, the Supervisory Board of Daimler AG has appointed Mr. Ola Kallenius as a member of the company's Board of Management with effect from January 1, 2015 until December 31, 2017. He will continue to be responsible for worldwide car Marketing and Sales. The Supervisory Board of Daimler AG has thus expanded the Board of Management to eight members once again.
Mercedes-Benz Cars Reports Sales Results for the Month of November 2014
Dec 9 14
Mercedes-Benz Cars reported sales results for the month of November 2014. For the period, the company has posted total sales of 158,203 units, an increase of 10.6%, compared to November 2013.
Daimler to Appoint Ola Kaellenius to Management Board in 2015
Dec 3 14
Daimler announced plans to appoint Ola Kaellenius, sales chief at Mercedes and one of the candidates to succeed chief executive Dieter Zetsche, to the company's management board in 2015.