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Stock Market & Financial Investment News

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
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January 14, 2015
12:09 EDTDDAIFDaimler AG recalls 114,000 Mercedes in Germany due to bad seals, Reuters says
Daimler announced that it is recalling 114,000 of its four-cylinder diesel-engined Mercedes-Benz cars in Germany due to poor seals that can cause potential oil leaks, Reuters reports. Reference Link

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