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Stock Market & Financial Investment News

News Breaks
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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September 18, 2014
14:00 EDTDDAIFMercedes-Benz receives autonomous vehicle license from California
On 16 September 2014 the US federal state of California introduced a legal requirement for an official license for testing vehicles in autonomous driving mode on public roads. On "Senate Bill No. 1298" taking effect, Daimler's Mercedes-Benz received a corresponding license permitting it to test vehicles in autonomous driving mode in daily traffic on California's roads. Reference Link
13:37 EDTDDAIFDaimler anticipates sales to exceed 2.4M cars this year, WSJ says
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September 10, 2014
12:27 EDTDDAIFDaimler aiming for $3.9B German facility overhaul, WSJ says
Daimler is aiming to invest over $3.9B in its vehicle facilities in Germany this year and reorganize its world-wide manufacturing networks to reduce expenses and improve on fast-paced growth management, according to The Wall Street Journal, citing comments from Mercedes-Benz's production chief Markus Schafer. Reference Link
06:32 EDTDDAIFDaimler reveals new Mercedes AMG GT to rival Porsche, Reuters says
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September 9, 2014
06:54 EDTDDAIFChamber of Commerce says China antitrust efforts may be illegal, NY Times says
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