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Stock Market & Financial Investment News

News Breaks
May 28, 2014
06:32 EDTDDAIFDaimler AG to sell dozens of dealerships in Germany, Bloomberg says
Daimler AG is considering scaling back its domestic retail organization and selling dozens of dealerships in Germany to reach a profitability goal, reports Bloomberg. Citing unidenfied people at the carmaker, Daimler plans to sell 36 outlets in Germany that employ 1,500 people and is looking to shut down its Li-Tec battery-cell plant in Kamenz, Germany by 2016. Reference Link
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August 26, 2014
06:42 EDTDDAIFCCI charges automakers $420M for anti-competitive tendencies, Reuters says
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August 20, 2014
06:16 EDTDDAIFHitachi among auto-part makers fined by China, WSJ reports
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August 18, 2014
06:37 EDTDDAIFReport says Mercedes-Benz at fault for price-fixing in China, Reuters says
China's News agency Xinhua reported that the Jiangsu Province Price Bureau found Daimler's Mercedes-Benz responsible for charges which accused the company of fixing prices for after-sales services in the country, according to Reuters, citing the report. Reference Link

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