"Over the past 30 years, our Cleveland plant has served as the foundation for our North American manufacturing operations and has been an integral part of our growth, innovation and leadership," said Roger Nielsen, Daimler
Trucks North America CEO and president.
* Bodo Uebber, Member of the Board of Management of Daimler
AG for Finance & Controlling and Daimler
Financial Services: "Despite the volatile environment, it is important and right for Daimler
to invest in the future.
Moody's Senior Vice President Falk Frey said: "The change in outlook to negative reflects the continued erosion in Daimler
's operating performance and financial metrics starting in 2018 and deteriorating further in the first half of 2019 resulting in some credit metrics well below levels appropriate for its current A2 rating category."
confirmed it ordered the recall on June 21.
will transition to an expanded role as Global Head of Digital Solution Centers (DSC) and Chief Digital Officer for Daimler
Financial Services, effective June 1, 2019.
AG said that together, the two companies will provide a sustainable way for customers to meet the ever-growing freight demand and benefit both the economy and society.
, which is also the owner of Mercedes-Benz, announced two years ago that the iconic smart brand will be battery-powered by next year.
Spiraling development costs for self-driving cars have forced BMW and Daimler
to team up to share the financial and engineering burden, executives explained at a press conference in Geneva.
Just like Triumph, Daimler
can trace its roots back to Germany, though a little more indirectly.
MBSA's programme ratings continue to reflect the irrevocable and unconditional guarantees provided by Daimler
AG, MBSA's sole shareholder.
But staff feared she would be hurt if the Daimler
had to brake suddenly.