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News Articles for "Daimler"

  • European recession hits major car makers

    European recession hits major car makers

    Europe's stubborn recession cut deeply into profits at major automakers Ford, Volkswagen and Daimler, first-quarter results showed Wednesday as the indust...

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  • News Summary: Daimler 1Q profit slides

    DAIMLER DOWN: The maker of Mercedes-Benz luxury cars said net profit fell to 564 million euros ($733 million) from 1.42 billion euros a year ago. Revenue w...

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  • Daimler profits slide in Q1 on European struggles

    Daimler AG warned Wednesday that profits this year would be lower than last year's as it reported a 60 percent slide in first-quarter earnings amid slumpi...

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  • Daimler selling rest of EADS stake

    Daimler selling rest of EADS stake

    Automaker Daimler AG says it is selling its remaining 7.5 percent stake in EADS, the parent company of aircraft manufacturer Airbus. Daimler helped found ...

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