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Welcome to the April 2020 edition of Electric Vehicle ((EV)) company news. The big news this month was the COVID-19 disruption. Despite this, global EV sales were solid mostly due to another great result from Europe, and China starting to recover. Perhaps the surprise for March was Tesla Mo...
We have always been fascinated by Daimler ( DMLRY ) bulls. We have thought for a while now that this company is criminally undervalued on a sum-of-the-parts basis due to the quality of its mobility-leading VC portfolio . Naturally, this year is not going to be good for its industrial busine...
The following slide deck was published by Daimler AG in conjunction with their 2020 Q1 earnings Read more ...
Investment highlights 1Q20 earnings are expected to be lower than initially anticipated due to sluggish small battery sales and domestic ESS sales. However, the weak results have been already widely anticipated by the market. We revise down our 2020 earnings forecasts in light of lacklust...
Daimler AG (DDAIF) Q1 2020 Earnings Conference Call April 29, 2020, 01:30 ET Company Participants Steffen Hoffmann - Head, IR Ola Källenius - Chairman, CEO & Head, Mercedes-Benz Cars Division Harald Wilhelm - CFO Conference Call Participants Tim Rokossa - Deutsche ...
STUTTGART, Germany , April 29, 2020 /PRNewswire/ -- Group unit sales of 644,300 vehicles (Q1 2019: 773,800) Revenue of €37.2 billion (Q1 2019: €39.7 billion) Group EBIT of €617 million (Q1 2019: €2,798 million) Group net profit of €1...
Introduction The article I published on Friday in collaboration with MOM (@MaxedOutMama), entitled Tesla’s Transformation Into A Chinese Company Seems Unstoppable , generated a large number of thoughtful comments. MOM and I were especially pleased that some who identified thems...
German automaker Daimler (OTC: DMLRY) said it expects to report a steep drop in first-quarter earnings as worldwide sales of Mercedes-Benz luxury vehicles and profit from new-mobility ventures both plummeted amid the coronavirus pandemic. In a preliminary release of its first-quarter result...
STUTTGART, Germany , April 22, 2020 /PRNewswire/ -- As a result of the COVID-19 pandemic, market expectations for Daimler's first quarter 2020 appear to show a large degree of variation. Against this background Daimler announces the following: Preliminary figures for the fi...
STUTTGART, Germany , April 22, 2020 /PRNewswire/ -- The Daimler AG Sustainability Report 2019, with the title "SpurWechsel", will be published on April 22, 2020 . As well as the main report section itself, one of the main features this time around is a chapter about strategic susta...