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News Breaks
June 9, 2013
17:10 EDTDDAIFDaimler plans to cut IT spending by EUR150M each year, Reuters says
Daimler wants to cut annual costs by 2B euros for its Mercedes-Benz division by the end of 2014, and plans to cut spending on IT services by 150M euros each year by the end of 2016, says Reuters, citing German weekly Automobilwoche. Reference Link
News For DDAIF From The Last 14 Days
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April 1, 2015
07:44 EDTDDAIFDaimler plans three-year contract extension for CEO Zetsche, Bloomberg says
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March 27, 2015
09:26 EDTDDAIFMercedes-Benz to launch pickup truck within five years, Reuters says
Daimler AG's Mercedes-Benz plans to launch a mid-size pickup truck within next five years, reports Reuters, citing company and spokesperson statements. Mercedes will roll out the vehicle in Latin America, South Africa, Australia and Europe but has not yet decided whether to launch in the U.S., said a spokesperson. The truck will be built by Daimler's van division, said the company. Reference Link

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