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April 3, 2014
07:36 EDTHYMLF, DDAIFBAIC seeking foreign acquisitions, WSJ reports
Beijing Automotive Industry Holding, a joint venture partner of Daimler (DDAIF) and Hyundai (HYMLF), is seeing foreign acquisitions, the Wall Street Journal reports. The company is looking at mid- to high-end brands in the U.S. and Europe. Reference Link
News For DDAIF;HYMLF From The Last 14 Days
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May 22, 2015
08:57 EDTDDAIFNokia CEO says good bids received but no rush on selling HERE, Retuers reports
Nokia (NOK) CEO Rajeev Suri said the company has received high quality bids for its HERE maps unit, while declining to comment on bidders, but added that the company is in no hurry to sell, reported Reuters, citing comments made in an interview with trade magazine European Communications. Prior reports have indicated that Daimler's (DDAIF) Mercedes-Benz, Volkswagen's (VLKAY) Audi and BMW (BAMXY) are partnering with private equity firm General Atlantic in their pursuit of the unit, while Uber is said to be teaming up with Baidu (BIDU) and Apax Partners to also pursue a bid. Reference Link
May 21, 2015
09:15 EDTDDAIFGerman automakers partnering with PE firm on bid for Nokia unit, Reuters says
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May 18, 2015
13:37 EDTDDAIFBaidu, Uber teaming up to pursue Nokia's maps unit, Bloomberg reports
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May 12, 2015
08:24 EDTHYMLFSUVs made by Fiat Chrysler, Hyundai score low in IIHS crash test, USA Today says
Three midsize crossover SUVs made by Fiat Chrysler (FCAU) and one from Hyundai Motor Company (HYMLF) scored low in the Insurance Institute for Highway Safety's crash test, reports USA Today. Specifically, The Dodge Journey received a "poor" overall score, while the Dodge Durango, Jeep Cherokee, and Hyundai Santa Fe received "marginal" overall scores, the paper adds. Reference Link
May 8, 2015
09:47 EDTDDAIFBrookings Institute / U.S. State Dept to hold a discussion
Brookings and U.S. Department of State hold a discussion entitled, "Bringing Driverless Cars from Research to International Markets" with Jessica Altschul, Manager of Outreach & Innovation Policy at Daimler and Karl-Josef Kuhn, Head of Reliable Automation and Control at Siemens Corporate Technology on May 8 at 10 am. Webcast Link
09:03 EDTDDAIF, HYMLFBofA/Merrill auto analysts hold an analyst/industry conference call
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