Tag Archives: daimler ag

BMW, Daimler Combine Mobility Services for Survival

The new front in the transportation of the future fight in cities and mini-cities will be soldiered by CarSharing, Ride-Hailing, Parking, Charging and Multimodality troops. Each company will hold a 50% stake in a joint-venture made from both companies’ current mobility services. It is alleged that the two companies will remain competitors in their respective core businesses, something the capital markets and ultimately customers will weigh in on. Continue reading

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Chinese take 10% stake in Daimler. Unwelcome?

Translation: the Germans didn’t seek this, and it could turn out to be a complicated ménage à trois with lots of conflict over the loot. Continue reading

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Daimler AG Sets Dividend at €2.20 a Share

At the Annual Shareholders’ Meeting of Daimler AG in Berlin on Wednesday, shareholders approved a dividend for the year 2012 of €2.20 per share, the same as in 2011 for a total dividend payout of €2.35 bllion. Continue reading

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UK Starts Hydrogen Fuel Cell Vehicle Project with Automakers, Utilities and Gas Suppliers – Cars on Road Promised by 2014

The allure of fuel cells remains efficiency, roughly 50-60% compared to an internal combustion engine’s ~20%. Emissions are also attractive – no pollutants at the tailpipe and some studies indicate a drastically reduced overall well-to-wheel emissions when compared with today’s fossil fuel engines. Continue reading

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