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Stock Market & Financial Investment News

News Breaks
August 4, 2014
06:34 EDTDDAIFDaimler slices costs in China of Mercedes-Benz spare parts, Bloomberg says
Daimler is aiming to reduce the prices of Mercedez-Benz extra parts in China by an average of 15% in September amid a government probe into whether car manufacturers distort costs, according to Bloomberg, citing a statement from the vehicle company based in Stuttgart, Germany. 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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