DMLRY News and Press, Daimler AG ADR From 08/09/22

The global autonomous vehicle market is expected to reach US$327b by 2030, representing a revised 2020-2030 CAGR of 22.6%. Statista quotes a faster adoption with US$396b by 2025. An update on the leading global autonomous vehicle companies with a focus on commercial advancements. Seve...

Global electric car sales for June 2022 - Up 54% YoY reaching 16% share. China sales up 132% YoY to 28% share. Europe sales down 8% YoY to 21% share. EV market news - US crosses the electric-car tipping point for mass adoption. Reconciliation Bill has $369 billion to fight climate cha...

Inflation and the just started earnings season dominate market movements. Markets remain very volatile and record inflation readings paired with an aggressive Fed and negative consumer sentiment are starting to hammer stocks and hopefully lead to a prolonged bear. I am never a bea...

Mercedes-Benz started before the pandemic to focus more on margins than on volumes. The company found itself ready to gain maximum advantage by the current auto market, where volumes are decreasing and pricing power is strong. By focusing on direct sales to customers, the company ...

General Motors ( NYSE: GM ) and Ford ( NYSE: F ), as well as international automakers like Toyota ( TM ), Mercedes Benz Group ( OTCPK:DMLRY ), and Honda Motor Company ( NYSE: HMC ) were among major automakers recalling thousands of vehicles, according to ...

Mercedes Benz Group ( OTCPK:DMLRY ) is still grappling with the impact of supply chain problems and pandemic impacts, according to a Q2 sales update. The update posted on Monday showed that the German automaker’s sales fell 16% during the second quarter, with deli...

Toyota started selling its first volume-produced electric vehicle in May. It is also manufactured with a Subaru label with only minimal modifications. This particular model, the bZ4X SUV, will naturally be followed by a long list of other Toyota electric vehicles over the next few sho...

The market seems to have priced in a recession already. Meanwhile GM isn't yet seeing this reflected in demand. Its supply has been gated due to industry-wide supply chain issues. This could be favorable if some of the demand is shifted forward and potentially mitigates a rece...

Global electric car sales for May 2022 - Up 55% YoY, reaching 12% share. China sales up 109% YoY to 31% share. Europe sales up 3% YoY to 19% share. EV market news - EU nations approve end to combustion engine sales by 2035. BYD says shift to EVs moving “much faster” than...

Supply frictions, including new disruptions from the war in Ukraine, have turned the European truck market upside down. Lead times are exceptionally long, and truck registrations are expected to slide again in 2022. With order books reaching far into next year, we expect a delayed...