Supervisory Board and Board of Management of Daimler AG (“ DAI ” ) to apply for the discontinuation of NYSE listing of its shares.
Daimler AG indicated in a press release that the company plans to discontinue their stock-exchange listing in New York (NYSE). According to Daimler, the delisting and deregistration is a consequence of changed investor behavior and consistently low trading volumes. Bodo Uebber, CFO of Daimler AG says,
“Daimler continues to place great importance on having an international shareholder base. At the same time, this step enhances our overall efficiency.”
AMG Market News/Source: Daimler AG – Stuttgart, May 14, 2010: The Supervisory Board and Board of Management of Daimler AG (stock – exchange symbol “ DAI ” ) have decided to apply for the discontinuation of the listing of its shares on the New York Stock Exchange (NYSE). Read more about Daimler AG to Discontinue DAI Listing on NYSE …
AMG Market News/Daimler PR from Stuttgart – Nov. 2009: Readers of the magazine “Auto Zeitung” have voted the new Mercedes-Benz E-Class the best saloon in the luxury class, while first place for best super sports car was also taken by the new “Gullwing” Mercedes-Benz SLS AMG, resulting in both cars receiving the prestigious “Auto Trophy.”
The top-class awards were presented to Dr. Dieter Zetsche, Chairman of the Board of Daimler AG and Head of Mercedes-Benz Cars, and to Dr. Joachim Schmidt, Executive Vice President Mercedes-Benz Cars Sales and Marketing, at a ceremony held last night in Berlin.
This marked the 22nd occasion on which “Auto Zeitung” opened up annual voting for the best cars of the year. No fewer than 104,442 readers cast their votes, carrying the new Mercedes-Benz E-Class to victory as the best car of the year in the luxury class. As the global leader in this segment, Mercedes-Benz easily fended off its 19 competitors.
Since its market premiere in spring 2009, the new E-Class has successfully made a name for itself with its dynamic design, setting new standards in terms of safety, comfort, environmental compatibility and economy. Contributing to this success is a new generation of engines which operate at previously unattained levels of efficiency.
Read more about Mercedes-Benz SLS AMG Wins Auto Trophy …
AMG Market News/Daimler Press Release – Stuttgart, Nov. 16: Mercedes-Benz will enter the Formula 1 World Championship with its own team, beginning with the 2010 season, and Daimler AG and McLaren Group will change their form of cooperation with effect as of 13 November 2009. This was announced by Daimler AG today.
Daimler AG together with Aabar Investments PJSC will take over 75.1 per cent of the Brawn GP team, with Daimler taking 45.1 per cent and Aabar 30 per cent. The rest of the 24.9 per cent will remain with the current stakeholders. With 9.1 per cent, Aabar is the biggest single shareholder of Daimler AG. This transaction is subject to the approval of the EU and the Swiss cartel authorities.
The background to this decision are the new terms and conditions for Formula 1. The “Resource Restrictions” set by FOTA and FIA effectively limit expenditure for the design, construction and running of the racing cars. In addition, there will be a significantly higher income available for a Formula 1 team generated by the commercial rights of the racing series following the signing of the new Concorde Agreement.
The partnership between McLaren Mercedes has been in place since 1995 and ended its 15th joint Formula 1 season in 2009. The change to the form of cooperation is taking place by mutual agreement. Mercedes-Benz and McLaren will continue to co-operate with each other and the supply of engines could continue until 2015. Read more about Mercedes-Benz: Formula 1 Team Announced …
Daimler has released press materials for the Mercedes-Benz SLS AMG: the Gullwing super sports car from Mercedes-Benz and AMG
Laguna Seca (USA) – Automotive fascination and high-tech at the highest level: the new Mercedes-Benz SLS AMG, which is due to be launched in spring 2010. This Gullwing model captivates with a purist design, intelligent lightweight construction and superior handling dynamics, and is bound to cause a sensation in the super sports car segment. The new SLS AMG is nothing short of a masterpiece by Mercedes-AMG GmbH. As the first independently developed vehicle, the super sports car is the highlight in the company’s more than 40-year history. It not only takes AMG, the performance brand within Mercedes-Benz Cars, into a new era, but also demonstrates development expertise of the very highest order.
The new super sports car from Mercedes-Benz and AMG makes for an alluring proposition with its unrivalled technology package: aluminum spaceframe body with Gullwing doors, AMG 6.3-liter V8 front-mid-engine developing 420 kW/ 571 hp peak output, 650 Nm of torque and dry sump lubrication, seven-speed double-declutch transmission in a transaxle configuration, sports suspension with aluminum double wishbones and a curb weight of 1620 kilograms based on the DIN standard – this superlative combination guarantees driving dynamics of the highest order. … Photo Gallery:
Read more about Gullwing Super Sports Car From Mercedes-Benz AMG …
Daimler announced the receipt of the “Golden Steering Wheel” award presented by Auto Bild and 25 associated European publications. Here’s the official press release and AMG SLS photos in our gallery:
More than a quarter of a million readers took part, and voted the new Mercedes-Benz SLS AMG the world’s best super sports car by a wide margin. Accordingly “Bild am Sonntag”, “Auto Bild” and 25 associated European publications awarded the new Gullwing model the “Golden Steering Wheel” – one of the most important automotive awards in Europe. This coveted award was officially presented to Dr. Dieter Zetsche, Chairman of Daimler AG and CEO of Mercedes-Benz Cars, in Berlin yesterday evening.
Eleven super sports cars competed in the large-scale reader’s vote for the “Golden Steering Wheel” award, which “Bild am Sonntag” and the motoring magazine “Auto Bild” organized on a Europe-wide basis for the first time this year. Almost one third of all votes were cast in favor of the new Mercedes-Benz SLS AMG, which therefore headed the readers’ popularity list in the super sports car category by a wide margin over the runner-up.
Read more about Mercedes-Benz SLS AMG Voted Best Supercar …