|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||89.49 - 90.71|
|52-week range||33.03 - 93.42|
|Beta (5Y monthly)||1.67|
|PE ratio (TTM)||10.19|
|Forward dividend & yield||1.60 (1.77%)|
|1y target est||109.65|
FRANKFURT (Reuters) -Japan's Nissan Motor said on Tuesday it was selling its roughly 1.5% stake in German carmaker Daimler through an accelerated bookbuild offer, following a similar move by alliance partner Renault in March. The French carmaker, with Nissan, had exchanged stakes with Daimler a decade ago to strengthen their industrial partnerships. Cooperation is continuing, Daimler and Renault said earlier this year, although people close to the matter had said larger initial plans never materialised and the cross-shareholdings were no longer deemed necessary.
Daimler Trucks and Volvo AB said on Thursday they aim jointly to cut the costs of hydrogen fuel cells by a factor of five or six by 2027 as they seek to make the zero-emission technology commercially viable for long-haul trucking. But even if cellcentric, the fuel-cell joint venture the two companies formed in March, brings down costs by that much, Martin Daum, head of Daimler AG's truck unit, said he doesn't see hydrogen-fueled trucks reaching cost parity with diesel models for at least 15 years. The German and Swedish makers of large freight-hauling trucks said cellcentric would start producing hydrogen fuel cells in Europe in 2025, and called for EU policies to help build out fueling infrastructure and provide subsidies and tax breaks to help make hydrogen trucks affordable for customers who want zero-emission models.
SAN DIEGO, April 27, 2021 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that a lawsuit against Daimler AG in connection with its connection to the diesel emissions-cheating scandal has been settled. The settlement brings an end to an enforcement action against Daimler AG that was brought by the U.S. Department of Justice, the Environmental Protection Agency, and the California Air Resources Board. Investors, who purchased shares of Daimler AG (DDAIF, DMLRY) and continue to hold any of those Daimler AG (DDAIF, DMLRY) shares, have also certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554. In August 2020 it was announced that Daimler AG and its subsidiary Mercedes-Benz USA LLC reached an agreement in principle with U.S. authorities to settle civil and environmental claims regarding emission control systems of approx. 250,000 passenger cars and sprinter vans equipped with diesel engines that were sold in the U.S between 2009 and 2016. In March 2021, the judge in the case gave final approval to the settlement that will cost Daimler AG approximately $1.5 billion, including $875 million in civil penalties. Daimler AG also agreed to extend the warranty period for certain parts in the repaired vehicles, perform projects to mitigate excess ozone-creating nitrogen oxides emitted from the vehicles, and implement new internal audit procedures designed to prevent future emissions cheating. The recall and repair program and federal mitigation project are expected to cost Daimler AG over $400 million. Investors, who purchased shares of Daimler AG (DDAIF, DMLRY), should contact the Shareholders Foundation, Inc. CONTACT: Shareholders Foundation, Inc. Michael Daniels +1 (858) 779-1554 firstname.lastname@example.org 3111 Camino Del Rio North Suite 423 San Diego, CA 92108 The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.