Daimler AG closes the books on a money-losing year as its management board recommends the auto maker refrain from paying dividends for the first time since 1995. Daimler today reports a net fourth-quarter loss of €352 million ($480 million), which contributed to a full-year loss of €2.6 billion ($3.5 billion) for a swing of €3 billion ($4 billion) compared with 2008’s net profit of €1.4 billion ($1.9 billion). Executives blame the dismal performance on the slumping sales climate created ...

Premium Content (PAID Subscription Required)

"Printer-friendly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622

Current subscribers, please login or CLICK for support information.

Already registered? here.