Daimler to split in two companies, Daimler Truck to focus on EV, self-driving

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Daimler to split into two companies

Germany's Daimler AG DAI, +8.91%, the company behind well-known auto brands such as Mercedes Benz and truck and bus makers Freightliner and Thomas Built, said Wednesday it plans to split into two standalone companies, spinning off Daimler Truck, which will focus on electric vehicles and self-driving.

Daimler Truck"will accelerate its path towards zero emissions as the world's largest truck and bus producer and technology leader," Daimler said. The company's board will start preparing for listing Daimler Truck on the Frankfurt stock exchange, with the intention that"a significant majority stake in Daimler Truck will be distributed to Daimler shareholders," it said.

 

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Whoaaaaa! Apple & other electric car makers force the issue here, i believe. Look at the market capitalization of Tesla Absurd valuation! Maybe MercedesBenz go onto buy other car makers?! Lots of opportunities due to Covid-19. Now regret about Dodge Chrysler ?

4. 지금은 주님의 지시를 거부하겠지만 책임의 날이 온다는 것을 알아 두십시오. 회개와_거룩함 주님의_길을_예비하라 메시아께서_오신다 MidweekHealingService

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