Tag Archives: daimler ag

Daimler and Geely Form Joint Venture to Develop smart

Posted on 28 March 2019 by Kenneth Zino

It’s said that smart will gain shared expertise in manufacturing, engineering and design from both groups. Also, smart will expand to meet demand for electrification, with production based in China. The EVs will be assembled at a new purpose-built electric car plant with global sales due to begin in 2022 in what is said to be an all-electric product renewal. Continue reading →

Posted in electric vehicles, engineering, manufacturing, marketing, milestones | Tagged , , , , , , , , | Leave a comment

Mobility Company Capital Destruction. Latest German JV Attempts to Lessen Negative Effects on Shareholder Value

Posted on 28 December 2018 by Kenneth Zino

It’s just the latest example of the capital intensive, shareholder-value destroying transition to an ill-defined, but demonstrably expensive mobility company that all automakers are now pursuing. Continue reading →

Posted in auto news, electric vehicles, environment, marketing, milestones, mobility company, new vehicle, news analysis | Tagged , , , , , , , , , , | Leave a comment

BMW, Daimler Combine Mobility Services for Survival

Posted on 28 March 2018 by Kenneth Zino

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 →

Posted in electric vehicles, news analysis, transportation | Tagged , , , , , , , , | Leave a comment

Chinese take 10% stake in Daimler. Unwelcome?

Posted on 27 February 2018 by Kenneth Zino

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 →

Posted in news analysis, people | Tagged , , , , | 1 Comment

Daimler AG Sets Dividend at €2.20 a Share

Posted on 10 April 2013 by Kenneth Zino

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 →

Posted in financial results | Tagged , , , , , | Leave a comment

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

Posted on 18 January 2012 by Kenneth Zino

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 →

Posted in alternative fuels, auto news, energy, environment, fuel economy or emissions | Tagged , , , , , , , , , , , | Leave a comment