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Stock Market & Financial Investment News

News Breaks
April 11, 2012
07:54 EDTDDAIFDaimler counting on production in Hungary, Businessweek reports
As Daimler’s (DDAIF) Mercedes-Benz seeks to regain the global luxury sales title it lost to BMW in 2005, production in Hungary at its new $1.07B factory, where wages are low, is key to its plans and profitability, reports Bloomberg Businessweek. Reference Link
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November 19, 2014
06:18 EDTDDAIFDaimler targeting Chinese drivers to spur Maybach revival, FT reports
Daimler's (DDAIF) mothballed Maybach luxury brand is set to be relaunched in China, the Financial Times reports. Maybach, which will be relaunched as a top-end variant of Daimler's Mercedes-Benz, previously competed against Rolls Royce (RYCEY) and Bentley. Reference Link

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