Daimler AG (USA) (NASDAQOTH:DDAIF)
The Company develops, manufactures, distributes and sells a range of automotive products, mainly passenger cars, trucks, vans and buses. It also provides financial and other services relating to its automotive businesses.
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starting to marked it's product to the middle class...
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I think the Euro Crisis is winding down and Daimler will benefit like many other auto makers from the need of consumers to start replacing their aging vehicles.
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Dividend, P/E, profitability, MBZ brand is a worldwide franchise, they also have some other good vehicles in the portfolio. Financial division.
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far east businessmen want success symbols
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Car sharing is the way to go. My daughter in Seattle is thinking of selling her beautiful car which she loves. Too many cheaper and less troublesome options!
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underpriced, expect strong sales in Emerging mkts, luxury brand
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Over the long term discretionary spending will rise. When it does, the Mercedes and Maybach brands will start selling again. If gas becomes too expensive then Daimler will probably also see a rise in Smart sales. Not to mention all of those Daimler trucks on the road in Europe.
The Chinese also have an appetite for luxury, Daimler can provide them with it.
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The E-Class and S-Class Mercedes-benz cars along with the Daimler trucks should continue to lead Daimler further. Started to see good growth in Western Europe, US, China, Germany and Turkey, also demand from developing companies such as Latin America should also help the bottom line. Many expect the auto market to fully recover in 2012 and Daimler should benefit greatly from this.
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Declining revenue, depressed industry, no profit to speak of now or for a while, pretty close to 52 week high.
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There's a lot more people driving a Mercedes than people who can afford to drive a Mercedes.
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good cars co
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GOOD TRUCKS STOCK
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major auto manufacturers
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Thsi one will recover nicely over the next decade!
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Another bailout recipient which has sparked a renewed interest in the company. This is the best company of the three majors so they should do quite well with the assistance.
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auto is dead
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Car sales are down in general due to the uncertain economy and tight credit. I also doubt that people want to buy a new expensive car that runs on only gas. Its like buying an old computer at an inflated price. When the auto industry comes out with a good quality gas/electric car or minivan that is a good value, then buyers will return.
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