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Daimler AG · Stuttgart Germany ·(NYSE: DAI)(German: DAI)

Company Description

Mercedesstrasse 137
Stuttgart
70327
Germany (Map)
Phone: +49-711-17-0
Fax: +49-711-17-94116
Rankings
  • DAX 30
  • Dow Jones STOXX 50
  • #179 in FT Global 500
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After nearly 10 years of irreconcilable differences, Daimler and Chrysler called it quits. They joined forces in 1998 in a $37 billion deal, but the marriage never worked. In 2007 Daimler sold 80% of Chrysler to Cerberus Capital Management for about $7.4 billion. Daimler's passenger car business, Mercedes-Benz Cars, includes the Mercedes, Maybach, and smart brands. Its Daimler Trucks North America unit is the US's #1 heavy-truck maker, and with its Fuso, Mercedes-Benz, and Sprinter brands, Daimler is the world's leading maker of commercial vehicles. The company controls a 15% stake in EADS, the European aerospace and defense consortium. Daimler gets about half of its sales in Europe. To read the full description, subscribe now.
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Key Daimler AG Financials

Company TypePublic - NYSE: DAI - German: DAI

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$133,268.0
2008 Employees273,216

Daimler AG Executives

50 executives listed for Daimler AG's Stuttgart,  location.
TitleName & BioContact
Chairman Supervisory BoardManfred BischoffNetwork
Deputy Chairman, Supervisory BoardErich KlemmNetwork
Chairman Management Board and Head Mercedes Car GroupDieter ZetscheNetwork

Competition

Competitive Landscape for Daimler AG
Demand for auto parts is driven by new car sales, which are strongly affected by interest rates, and by the replacement market. Company profitability industry depends partly on the difficulty of manufacturing products and partly on demand volume, since many costs are fixed. Small companies can compete successfully by focusing on a small number of products or some highly technical ones. The structure of the industry is complex, with most smaller companies (referred to as "tier 2" and "tier 3" suppliers) selling parts to larger suppliers (referred to as "tier 1" suppliers), who in turn sell component assemblies or modules to car and truck assemblers such as GM and Ford - collectively called OEMsTo read the full description, subscribe now.
Top Daimler AG Competitors
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