How Daimler Prepares for the New Global Automotive Market: Germans Break Their Business



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today, 3:12 pm

Author:


Alex Ciutacu

Daimler today launched a plan to separate the giant's activities into separate units of cars, trucks and mobility services to streamline operations to prepare for the time when automakers will launch whole fleets of autonomous cars, according to Reuters

The company has announced that it will legally establish three independent entities – Mercedes-Benz, Daimler Truck, Daimler Mobility and everything will be under the auspices of Daimler AG [19659003] As part of the reorganization, the company reached an agreement with the trade unionists to engage more in the insurance of the dunks and to invest in the German factories

Thursday at 15:00 The actions of Daimler were trading at 59.5 euros per share, up from 2, 8% since the beginning of the day, to a market capitalization of about 65 billion euros

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