Daimler Mobility

Overwhelming majority of shareholders in favour of spin-off of Daimler Truck and renaming of Daimler AG

Retrieved on: 
Friday, October 1, 2021

At the virtual Extraordinary General Meeting of Daimler AG (ticker symbol DAI) on 1 October 2021, the shareholders decided by an overwhelming majority on the historic realignment of the company.

Key Points: 
  • At the virtual Extraordinary General Meeting of Daimler AG (ticker symbol DAI) on 1 October 2021, the shareholders decided by an overwhelming majority on the historic realignment of the company.
  • Furthermore, the shareholders approved also with an overwhelming majority of 99.89% of the votes cast the renaming of Daimler AG as Mercedes-Benz Group AG effective as of 1 February 2022.
  • Two current members of the Daimler Supervisory Board, Marie Wieck and Joe Kaeser, will step down from their positions and join the Supervisory Board of Daimler Truck Holding AG.
  • As their successors in the Supervisory Board of Daimler AG, the shareholders elected Helene Svahn with a majority of 99.34% and Olaf Koch with a majority of 98.60%.

Dyne.org, RIDDLE&CODE and InfoCert's Consortium Appointed to Take EBSI to the Next Level

Retrieved on: 
Tuesday, September 21, 2021

The European Commission's vision for EBSI is to leverage distributed ledger technologies to create international and intra-communautaire services for public administrations.

Key Points: 
  • The European Commission's vision for EBSI is to leverage distributed ledger technologies to create international and intra-communautaire services for public administrations.
  • The blockchain-agnostic solution offers compatibility with a wide range of products to grant freedom of choice to participating member states and solution developers.
  • Dr. Francesca Bria , president of the Italian National Innovation Fund Cassa Depositi e Prestiti comments: "Zenroom stands for Citizen Crypto.
  • For the initial phase of EBSI's procurement, the consortium proposes a revolutionary solution for a European Digital Product Passport .

Preliminary Q2 2021 results above market expectations despite semiconductor shortage

Retrieved on: 
Wednesday, July 14, 2021

This was despite negative effects from the very limited availability of semiconductor components.

Key Points: 
  • This was despite negative effects from the very limited availability of semiconductor components.
  • Daimler Trucks & Buses sales increased in almost all regions due to improved market conditions, which translated into higher profitability in the second quarter.
  • The following stated figures for the second quarter 2021 are preliminary and unaudited:
    Industrial Free Cash Flow adjusted: 2,950 million (consensus: n.a.)
  • The preliminary results include the following adjustments affecting EBIT:
    The full quarterly results and interim report will be published on July 21st, 2021.

DGAP-News: 51nodes develops financing method for industrial capital goods on blockchain basis

Retrieved on: 
Monday, August 24, 2020

- Joint project with Bosch, Daimler Mobility and Boerse Stuttgart Group

Key Points: 
  • - Joint project with Bosch, Daimler Mobility and Boerse Stuttgart Group
    In a joint basic research project with the Bosch research team "Economy of Things", Daimler Mobility and Boerse Stuttgart Group, 51nodes has developed a flexible method for financing industrial capital goods on a blockchain basis.
  • 'Because Bosch is also a manufacturer of industrial goods, we are interested in how the new financing method will be accepted by industrial companies.
  • 'With the new method of financing we connect industrial capital goods with smart contracts and the blockchain through an Internet of Things link.
  • 'With the new method of financing we connect industrial capital goods with smart contracts and the blockchain through an Internet of Things link.

Preliminary results for the first quarter 2020 and outlook for the financial year 2020

Retrieved on: 
Wednesday, April 22, 2020

For Daimler Mobility we expect for the financial year 2020 a lower new business volume than in 2019.

Key Points: 
  • For Daimler Mobility we expect for the financial year 2020 a lower new business volume than in 2019.
  • As a result we expect the group revenue for the financial year 2020 to be below the prior year.
  • The adjusted return on equity of Daimler Mobility for the financial year 2020 will not reach the prior year level.
  • The decline in the results will lead to a decline in our Industrial Free Cash Flow for 2020.

Algorithmically Derived Forecasts Provide a Stronger Foundation for Forward-Looking Financial Steering, Says Daimler Mobility-BCG Report

Retrieved on: 
Thursday, December 5, 2019

The approach defines course corrections by analyzing algorithmically derived forecasts of the way key metrics will evolve over specific time horizons.

Key Points: 
  • The approach defines course corrections by analyzing algorithmically derived forecasts of the way key metrics will evolve over specific time horizons.
  • Daimler Mobility and Boston Consulting Group (BCG) discuss the model in a report, The Power of Algorithmic Forecasting , released today.
  • By automating and digitizing its forecasting processes, Daimler Mobility can rapidly generate forecasts about the future development of the most important factors influencing performance.
  • Daimler Mobility's algorithmically generated forecasts predict performance for the next 18 months for more than 50 business entities, each with approximately 100 KPIs.

Daimler Mobility AG and Geely Technology Group inaugurate 'StarRides' Premium Ride-Hailing Service in Hangzhou

Retrieved on: 
Tuesday, December 3, 2019

STUTTGART, Germanyand HANGZHOU, China, Dec. 3, 2019 /PRNewswire/ --Daimler Mobility AG and Geely Technology Group, a subsidiary of Zhejiang Geely Holding Group (Geely Holding), today unveiled the premium ride-hailing provider StarRides in China with inaugural services to begin in Hangzhou in December 2019.

Key Points: 
  • STUTTGART, Germanyand HANGZHOU, China, Dec. 3, 2019 /PRNewswire/ --Daimler Mobility AG and Geely Technology Group, a subsidiary of Zhejiang Geely Holding Group (Geely Holding), today unveiled the premium ride-hailing provider StarRides in China with inaugural services to begin in Hangzhou in December 2019.
  • The 50-50 joint venture between Daimler Mobility AG and Geely Technology Group is based in Hangzhou, where services will be launched with a fleet of 100 vehicles including Mercedes-BenzS-Class,E-Class and V-Classvehicles.
  • A joint board of directors includes Liu Jin Liang, CEO of Geely Technology Group, and Joerg Lamparter, member of the Board of Management of Daimler Mobility AG.
  • The Group is comprised of five main businesses: Geely Auto Group, Volvo Car Group and Geely New Energy Commercial Vehicle Group, Geely Technology Group, Mitime Group.