News Articles for "Daimler"
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...read more
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...read more
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...read more
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 ...read more