Last €61.78 EUR
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As of 4:28 AM 08/21/14 All times are local (Market data is delayed by at least 15 minutes).

daimler ag-registered shares (DAI) Snapshot

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04/4/14 - €71.27
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daimler ag-registered shares (DAI) Details

Daimler AG, through its subsidiaries, develops, produces, distributes, and sells passenger cars and off-road vehicles, trucks, vans, buses, and related spare parts and accessories worldwide. The company operates through Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses, and Daimler Financial Services segments. The Mercedes-Benz Cars segment sells passenger cars and off-road vehicles under the Mercedes-Benz; and smart cars under the smart brand names. The Daimler Trucks segment distributes trucks under the Mercedes-Benz, Freightliner, Western Star, BharatBenz, Thomas Built Buses, and FUSO brand names. The Mercedes-Benz Vans segment primarily sells vans under the Mercedes-Benz and Freightliner brand names. The Daimler Buses segment manufactures and sells completely built-up buses, intercity buses, coaches, and bus chassis under the Mercedes-Benz and Setra brand names. The Daimler Financial Services segment provides financing and leasing packages, insurance, fleet management, investment products, and credit cards for its customers and dealers. Daimler AG was founded in 1886 and is headquartered in Stuttgart, Germany.

280,829 Employees
Last Reported Date: 07/23/14
Founded in 1886

daimler ag-registered shares (DAI) Top Compensated Officers

Chairman of the Board of Management, Chief Ex...
Total Annual Compensation: €5.4M
Head of Finance & Controlling - Daimler Finan...
Total Annual Compensation: €2.3M
Member of Management Board, Chairman of Daiml...
Total Annual Compensation: €1.9M
Head of Group Research & Mercedes-Benz Cars D...
Total Annual Compensation: €2.0M
Member of Management Board and Head of Daimle...
Total Annual Compensation: €1.9M
Compensation as of Fiscal Year 2013.

daimler ag-registered shares (DAI) Key Developments

Chrysler Announces Executive Changes

Robert Hegbloom is taking over as head of Chrysler's Group Ram Truck division, replacing Reid Bigland, who will become chief of the Alfa Romeo Brand for the NAFTA [North American Free Trade Agreement] region for Chrysler. Bigland will also retain his role as head of U.S. Sales for Chrysler as well as president and CEO of Chrysler Canada. Both Hegbloom and Bigland will serve on Chrysler's NAFTA Leadership Team, with Bigland also maintaining his role on the Fiat Chrysler Group Executive Council (GEC).

Daimler Launches Production of New C Class in China

Daimler has started production of the new long-wheel-based (LWB) C class sedan at its plant in Beijing (China). The new LWB Mercedes C class is the China-only version of the C class launched in Bremen (Germany) six months ago. The car, which is 8cm longer than its German counterpart, will begin sales in China in September 2014. The car will also be fitted with locally produced engines from the new BBAC engine plant. Meanwhile, Daimler has announced a cut in spare part prices for over 10,000 parts, averaging a 15% drop, with prices of windscreens dropping by as much as 29%, the statement says, cited by the Wall Street Journal. The new prices will take effect from 1 September 2014.

Daimler AG to Invest EUR 1.5 Billion to Upgrade German Plant

Daimler AG is investing EUR 1.5 billion up until 2020 to upgrade its larger car plant, in Sindelfingen, Germany. The company is taking this step after employees agreed to more flexible working terms. The Mercedes-Benz plant will generate around EUR 100 million in savings through the labour agreement, which offers the company greater flexibility to assign production shifts, especially during the ramp-up and phase-out of a model. The company will construct a new body shop, paint shop and logistics centre at the Sindelfingen site and an additional assembly hall for the next version of the E-class sedan.


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