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Wednesday, April 7, 2010 as of 11:14 AM ET

Daimler

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(; formerly DaimlerChrysler) is a German multinational automotive corporation. Daimler AG is headquartered in Stuttgart, Baden-Württemberg, Germany.

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Daimler Bus Unit To Cut 630 Jobs In Mannheim

German car maker Daimler AG's (DAI.

XE) bus unit EvoBus GmbH Friday said it will cut jobs at sites in Mannheim and Neu-Ulm to increase its competitiveness and secure the company's future.MAIN FACTS:-Daimler will cut around 630 positions by December 31, 2018.-There won't be any forced redundancies before the end of 2018, Daimler said.-The unit guarantees to take on 90% of all trainees permanently.-EvoBus GmbH employs 8,300 staff in Germany, of which 3,500 work at its Mannheim site and 3,800 in Neu-Ulm.Copyright © 2012 Dow Jones Newswires...

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  1. Daimler Sets Pricing On Sterling 2Y Bond At Gilts +1.45 Area

    German automaker Daimler AG (DAI.XE) has set pricing on its sterling-denominated, two-year bond in the area of 145 basis points over gilts, one of the banks running ...

  2. Henkel Joins Some European Peers In Lauding US Recovery

    Henkel AG & Co. KGaA (HEN.XE), maker of laundry detergents, beauty products and consumer and industrial glues, Wednesday said it was experiencing a recovery in the U...

  3. Mercedes-Benz China Sells 15,860 Vehicles In April, Down 8%

    Daimler AG's (DAI.XE) Mercedes-Benz said Wednesday that passenger car sales in China totaled 15,860 vehicles in April, down 8% from a year earlier.Sales of Mercedes-...

  4. Compliance Monitor Says Daimler Has Made Huge Progress -Report

    Daimler AG's (DAi.XE) management has in many respects done more than required in a settlement with U.S. institutions after a probe into bribing allegations, says com...

  5. Mounting Remuneration 'No' Votes Keep Europe Financial AGMs In Focus

    Executives at several European banks and insurers will be watching anxiously for signs of investor discontent at upcoming annual meetings, as a wave of "no" votes on...

  6. Mercedes-Benz April Car Sales Rise On North America Demand

    Daimler AG's (DAI.XE) Mercedes-Benz Cars division said Friday global sales rose 3.5% on the year in April to 113,901 vehicles, driven by strong demand in North Ameri...

  7. BMW, Porsche Profits Rise On Higher Sales

    BMW earnings beat analysts expectations-BMW sticks to 8%-10% profit margin range-Porsche first-quarter sales up 29%FRANKFURT -(Dow Jones)- BMW AG (BMW.XE) and Porsch...

  8. BMW Profit Beats Estimates As Vehicle Sales Surge

    BMW AG (BMW.XE) Thursday posted higher-than-expected earnings for the first quarter fueled by higher sales, but stuck to its conservative profit guidance for 2012 am...

  9. Daimler Didn't Strengthen Defense Strategy, Won't Spin-off Truck Unit -CFO

    Daimler AG (DAI.XE) Chief Financial Officer Bodo Uebber Wednesday dismissed recent media reports suggesting the German auto maker strengthened its defense strategy a...

  10. Europe Stocks Rally; Oil Firms, Drug Makers Rise

    European stock markets rallied on Wednesday, with drug makers and oil firms supporting the most. Most markets were closed on Tuesday for May Day. The Stoxx Europe 60...

  11. German Metal Workers Strike For Second Day, Vow Bigger Walkouts

    German engineering and metal workers staged "warning strikes" for a second day running and plan more walk-outs Wednesday after rejecting a management pay offer as in...

  12. Daimler CFO Rejects Takeover Speculation; Earnings Rise

    Daimler AG (DAI.XE) Chief Financial Officer Bodo Uebber remained tight-lipped Friday about a possible exit of the German auto maker's largest single shareholder and ...

  1. BMW To Boost China Investment, Opens New Plant In Shenyang

    SHENYANG, China -(Dow Jones)- BMW AG (BMW.XE) and its joint-venture partner Brilliance China Automotive Holdings Ltd. (1114.HK) will together invest an additional EU...

  2. BMW Eyes Sites In Hungary, Slovakia For Production - Report

    German car maker BMW AG (BMW.XE) is considering Hungary and Slovakia as possible locations for additional production capacity, German business newspaper Handelsblatt...

  3. BMW Keeps 2012 Targets As Economic Risks Persist

    BMW AG (BMW.XE) Wednesday said it sticks to its sales and profit targets for 2012, but warned the European sovereign-debt crisis continues to bear risks for the glob...

  4. Mercedes-Benz India Introduces M-Class SUV As Competition Intensifies

    Daimler AG's (DAI.XE) Mercedes-Benz unit Tuesday introduced the third-generation model of its M-Class sport-utility vehicle in India amid intensifying competition fr...

  5. Nissan To Outsource New Infiniti Model To Magna

    For the first time ever, Nissan Motor Co. will outsource production of one of its Infiniti models, contracting Canada's Magna International Inc. to built a new model...

  6. Daimler Prices GBP250 Million 2014 1.75% Bond At 99.718

    German automaker Daimler AG (DAI.XE) has priced its GBP250 million, two-year bond, one of the banks running the deal said Thursday.HSBC Holdings PLC and the Royal Ba...

  7. Porsche To Launch Smaller Panamera Version By 2017 - Report

    Porsche Automobil Holding SE's (PAH3.XE) sportscar unit plans to launch a small coupe based on its Panamera model by 2017 with prices starting at EUR65,000, weekly A...

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