FRANKFURT (Reuters)-CEO Ola Kaellenius said on Friday that the divestiture of Daimler Trucks has proven to be a solid move to release value for Daimler AG shareholders, and that it will be implemented in the next step. Electrification strategy.
A few hours after the luxury car manufacturer’s truck and bus division was listed on the Frankfurt Stock Exchange, Kaellenius said that Daimler’s stock has benefited from this decision and will continue to do so.
Kaellenius said: "With today's very strong prices for trucks for the first time, I think part of the equation is now fulfilled."
"Everything is now to execute our strategy and release more value from these two stocks in the next few years."
Daimler's share price has risen 33% since the spin-off was first announced in February this year, and it has risen by 3.51% at 1252 GMT. The share price of Daimler Trucks is 28.7 Euros, while the debut price is 28 Euros.
Under the increasing pressure of consumers and regulators to reduce emissions, the stock market valuations of pure electric vehicle companies such as Tesla and Rivian are high, which has brought traditional automakers to prove their value to shareholders pressure.
Daimler will soon be renamed Mercedes-Benz AG, and now its focus is to lead the high-end electric vehicle market and develop its software features. Kaellenius describes it as a "combination of luxury cars and technology companies."
The automaker is hiring 3,000 engineers worldwide to develop its own operating system for pure electric vehicles, which is expected to be launched on the market in 2024.
Kaellenius said that keeping software in close contact with the business is of strategic importance.
In other aspects of the electric vehicle value chain, such as batteries and charging networks, the automaker mainly operates through a number of joint ventures with other companies such as BMW and Stellatis.
When asked whether the company will seek to concentrate battery production in Europe for a long time, the CEO said that geographic diversity is the key to areas such as battery production.
Kaellenius said that a fully flexible supply chain will remain the key to 2022, especially to minimize the impact of continued semiconductor shortages. Previously, the automaker reported that passenger car sales in October and November were lower than last year's levels. More than 20%.
(Reporting by Victoria Waldersee; Editing by Kirsten Donovan)
The largest space telescope in history is ready to show us the first stars that illuminate the universe.
Washington (Associated Press)-Two members of Congress have asked the NFL to publicly investigate the sexual harassment and other misconduct of the Washington football team. Now they are asking the league to provide evidence that club owner Daniel Snyder has intervened in the investigation. Chairman of the House Oversight Committee, Rep. Carolyn Maloney, Democrat of New York, and Rep. Raja Krishnamoorthi, Democrat of Illinois, and Chairman of the Economic and Consumer Subcommittee
Shenzhen, China, December 15, 2021--Due to multiple revisions, please replace the version published on December 12, 2021 Pacific Time/December 13, 2021 at 10:25 PM, 1:25 AM Eastern Time with The following corrected version. Please replace the photo with the attached corrected photo.
The omicron variant spreads so fast that local researchers predict that by the beginning of next month, it will become the main variant in San Diego and other parts of the United States.
The Canadian singer introduced his green felt chorus partner as part of Michael Buble's Christmas in the city.
Victoria-The Minister of Finance of British Columbia said that the US$5 billion in donations provided by the federal government for the province’s flood recovery work is a historical cash that reflects the extreme nature of the disaster. However, Selina Robinson said in a statement that the funds were originally provided by federal funds, and that assessing the full cost of reconstruction is still an ongoing process. Federal Treasury Secretary Chrystia Freeland's fiscal update report discloses dollar figures
(Bloomberg)-Asian stock markets were mixed on Wednesday. Traders assessed China's economic growth prospects and prepared for the Fed to announce a faster withdrawal of monetary stimulus measures in response to high inflation. Can Paradise Indoor Farm reach the height of a skyscraper? China is building the world's largest national park system Boris Johnson. Angry members of Congress worry that his next mistake may be fatal. The Japanese stock market rises and fluctuates.
The U.S. dollar maintained its recent gains in early Asian trading on Wednesday as investors look forward to the Fed’s important policy meeting to see if this will strengthen the market’s growing expectations for a rate hike earlier next year. But the Fed meeting, which will end later in the day, becomes the centerpiece of a week’s central bank meeting. CBA currency strategist Kim Mundy said that although Omicron "bubbles in the background," the currency market "is taking a break from Omicron." "When the Federal Open Market Committee, the Bank of England and the European Central Bank line up to make policy decisions, it is difficult to be the main focus," Mundy said.
San Francisco (Associated Press)-The Mayor of San Francisco announced on Tuesday more measures aimed at curbing overt drug use, shameless burglary and other crimes, which she said are a mockery of the city’s famous tolerance and compassion . London Mayor Brid said at a press conference attended by the chief of police and other public safety personnel that she will legislate to allow law enforcement agencies to access surveillance video in real time under certain circumstances and make it
Cloopen Group Holding Limited Video Radnor, Pennsylvania, December 14, 2021 (Global News Agency) - Kessler Topaz Meltzer & Check, LLP Law Firm notified investors that it has filed a securities class action in the U.S. District Court South New York District against Cloopen Group Holding Limited ("Cloopen") (NYSE: RAAS). The lawsuit accused Cloopen of violating federal securities laws, including omissions and fraudulent misrepresentations related to the company's business.
Gamecocks defeated the Yellowjackets in their hometown.
South Korea reported 7,850 new coronavirus cases on Tuesday, the highest number of cases per day, as breakthrough infections among people who have been vaccinated continue to surge, and the number of severely ill patients has reached a new high of 964. The daily number of infections exceeded 7,000 for the first time last week. Just a few days after breaking the 5,000 mark, it has put increasing pressure on the country's medical capacity. According to data from the Korean Agency for Disease Control and Prevention, the total number of infections in the pandemic so far has risen to 536,495, including 128 Omicron variant cases and 4,456 deaths. So far, South Korea has fully vaccinated more than 94% of adults and is accelerating its ongoing campaign to promote enhanced injections by shortening the interval between all age groups.
TORONTO — Cineplex Inc. stated that it won a lawsuit with the British theater giant, which should have acquired the Canadian film company before the COVID-19 pandemic. Toronto-based Cineplex announced Thursday night that the Ontario Superior Court had ruled in favor of its former suitor, Cineworld Group PLC, in a breach of contract lawsuit. Cineplex alleges that Judge Barbara Conway awarded $1.24 billion in damages and rejected Cineworld's counterclaim. "We are very happy to see
Juneau, Alaska (Associated Press)-Alaska Governor Mike Dunleavy said he plans to issue an executive order to establish a committee on missing and murdered indigenous peoples. Dunleavy said at a press conference in Anchorage that the idea was to "conduct investigations to ensure justice." He said he hopes to bring together groups concerned about this issue and combine resources to develop the "best possible method" to resolve the case. Dunleavy, who seeks re-election next year, said
Ottawa — The lightning spread of a variant of Omicron COVID-19 is prompting federal politicians to reconsider the wisdom of crowding hundreds of parliamentarians in the House of Commons. The leader of the House of Government, Mark Holland, announced on Tuesday that the Liberal Party will "significantly reduce" the number of members of the House of Representatives and intends to hold a completely virtual core group meeting for the time being. The Liberal Party is following the advice of public health officials who warn Canadians that “it’s n
On Wednesday, December 15th, Ariel Epstein showed off her must-play, valuable games and fade-outs on the NBA DFS roster
The U.S. dollar maintained its recent gains in early Asian trading on Wednesday as investors look forward to the Fed’s important policy meeting to see if this will strengthen the market’s growing expectations for a rate hike earlier next year. But the Fed meeting, which will end later in the day, becomes the centerpiece of a week’s central bank meeting. CBA currency strategist Kim Mundy said that although Omicron "bubbles in the background," the currency market "is taking a break from Omicron." "When the Federal Open Market Committee, the Bank of England and the European Central Bank line up to make policy decisions, it is difficult to be the main focus," Mundy said.
One of the best gifts for someone during the holidays is a gift card. This is because according to the American Retail Federation, this is what most people have wanted for the past fifteen years...
Less than two weeks ago, the 33-year-old won the Bexley and Sidcup by-elections, and he said he was fulfilling his election promises.
New York (Associated Press)-After winning another title, Aaron Rogers still owns the Chicago Bears. Another thing his team has: it ranked among the top in the latest AP Pro32 poll for the first time in a month. On Tuesday, the Green Bay Packers won 5 out of 12 first place votes with 375 points in the polls of members of the media who regularly report on the NFL. The Packers won a place in the polls and are currently the top seed in the NFC into Week 15 and the final month of the regular season. They beat the Bears 45