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Daimler CEO On Apple And Google's Progress In Auto Space: 'These Companies Can Do More And Know More Than We Had Previously Assumed'
Monday, January 25, 2016 - 9:40am | 238Apple Inc. (NASDAQ: AAPL) and Alphabet Inc (NASDAQ: GOOG)'s progress in the automotive space is said to be so advanced, it is surprising to industry veterans. According to Reuters, Daimler's Chief Executive Dieter Zetsche is among the industry veterans that failed to accurately predict...
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Heavy-Duty Truck Orders Crashed 60% Last Month, Neutral Ratings Follow
Thursday, December 3, 2015 - 2:28pm | 458In a report issued Thursday, Cleveland Research analyst Adam Uhlman shared insights into the heavy-duty truck industry. According to the note, heavy-duty truck orders plummeted roughly 60 percent in November. Based on this data, the firm issued Neutral ratings for Cummins Inc. (NYSE: CMI),...
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Can Nokia Exist If It Sells All Of Its Businesses?
Tuesday, August 4, 2015 - 2:42pm | 631Nokia Corporation (ADR) (NYSE: NOK) famously sold its handset business to Microsoft Corporation (NASDAQ: MSFT) for $7.52 billion. This week the company sold its mapping business to BMW Group, AUDI AG VORMALS AUDI (OTC: AUDVF) and Daimler AG (OTC: DDAIF). The three automakers reportedly paid $3....
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Report: Daimler Working With Baidu And Qualcomm On New Auto Technology
Tuesday, May 26, 2015 - 12:21pm | 444German car maker Daimler has made a push recently to expand the capabilities of its automobiles by partnering with mobile technologies company Qualcomm Inc (NASDAQ: QCOM) and Chinese web services company Baidu Inc (NASDAQ: BIDU). According to multiple reports by Reuters, owners of Daimler models...
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Daimler Gets Nevada License For 2 Autonomous Freight Trucks
Wednesday, May 6, 2015 - 1:33pm | 222Daimler AG (OTC: DDAIF) became the world's first manufacturer to be granted a road license for self-driving truck Tuesday. But it will be about 10 years before the technology becomes commercially available in freight-hauling trucks. "It remains our goal to be in a position to offer the...
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Bank Of America On 2015 Auto Manufacturers: Keep Those Wheels Turning
Wednesday, February 4, 2015 - 4:28pm | 708In a report published Tuesday, analysts at Bank of America took a look at the U.S. auto manufacturers' industry, which saw January U.S. light vehicle sales rise 9.3 percent year-over-year on a selling-day-adjusted basis, above the firm’s mid-month estimate of +8.0 percent “for a...
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Daimler AG's Ola Källenius Talks Innovation, Aluminum Cars And Jurassic Park
Wednesday, January 21, 2015 - 2:34pm | 590Ola Källenius, the newest addition to Daimler AG's (OTC: DDAIF) board of management, covered a wide range of topics at the 2015 Automotive News World Congress last week. As expected, technology proved to be one of the most important things discussed at the event. Källenius, who...
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Mercedes-Benz Wants To Lead The Way To Driverless Cars
Friday, January 16, 2015 - 3:12pm | 592Daimler AG's (OTC: DDAIF) Mercedes-Benz division is one of many automakers looking to break new ground in building a fully autonomous automobile. Will it be the first? Ola Källenius, who joined Daimler AG's board of management on January 1, spoke about this and other topics at the...
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How Daimler Saved Tesla And Paved The Way For An Electric Car Revolution
Wednesday, January 14, 2015 - 1:43pm | 460Tesla Motors Inc (NASDAQ: TSLA) may not be here right now if it weren't for Daimler AG (OTCMKTS:DDAIF). Tesla co-founder Elon Musk poured all of his money into the company to keep it going in 2008. Six months later, Daimler entered the fray -- and ultimately saved the day. "That...
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Are Automakers Severing Ties With Tesla?
Friday, October 31, 2014 - 9:25am | 1006Last week, two big automakers announced they were pulling back on their relationship with Tesla Motors Inc (NASDAQ: TSLA). Daimler AG (OTC: DDAIY) announced on October 21 that it was both terminating its share-price hedge and selling its stake in the company, while Reuters reported and later...
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Barron's Recap: Meltdown For 3D Printing?
Sunday, March 9, 2014 - 6:33pm | 793This weekend in Barron's online: the hype about 3D printer stocks, as well as the prospects for MetLife, Daimler, Great Lakes Dredge & Dock, Samsonite and more. Cover Story "Beware 3-D Printing" by Alexander Eule. This new technology may hold great promise to eventually reshape U.S. industry...
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Earlybird Venture Capital Closes Fourth Fund At $200M, Total Capital Now At $800M
Thursday, August 1, 2013 - 12:26pm | 734Earlybird Venture Capital has closed its fourth early stage fund at $200 million (€150 million). Best known for providing capital to startups like Auctionata (which was started by an eBay (NASDAQ: EBAY) PowerSeller) and EyeEm (which recently secured $6 million), Earlybird Venture Capital is...
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Mercedes And Consumers Can Still Ask Dr. Z
Monday, October 18, 2010 - 9:22am | 323According to Barron's,Daimler (PINK: DDAIF) is back in the fast lane despite a harsh dose of reality from Dr. Zetsche. Barron's reports that back in 2006 when Chrysler and Mercedes were still in a committed relationship, the "Ask Dr. Z" commercials began to appear on television as an ad campaign...