Good Articles to Share

Author: Tan KW   |   Latest post: Fri, 18 Jan 2019, 05:43 PM


Mercedes 2018 Sales Growth Plummets as Sector Hurdles Mount

Author:   |    Publish date:

(Jan 9): Growth in Mercedes-Benz car deliveries tumbled to the lowest in a decade last year in a swift reversal from double-digit gains after sales in Europe and North America declined.
Daimler AG’s luxury brand delivered 2.31 million cars worldwide in 2018, a rise of just 0.9 percent almost entirely driven by China. The small uptick probably was still enough to leave second-biggest premium carmaker BMW AG trailing for another year, after Mercedes gained the upper hand in 2016.
Key Insights 
Automakers had a tough second half last year. U.S.-China trade tension escalated, prompting Daimler to warn of lower profits, while stricter emission rules in the European Union created production bottlenecks. Chief Executive Officer-designate Ola Kallenius, speaking at the Consumer Electronics Show Tuesday, has little time to lose to make his mark. Daimler’s shares have slumped some 33 percent from a year ago, adding fuel to investors urging deeper changes than a planned separation of the business into three independent entities. Economic jitters are undermining consumer confidence. Car registrations in the U.K., Europe’s second-biggest market, slumped 6.8 percent, the steepest drop since the financial crisis. Rising interest rates in the U.S. and higher vehicles prices are turning off buyers. Mercedes will start selling the revamped CLA in May. The four-door coupe is a key model to lure younger customers from other brands. Launched in the U.S. six years ago, more than two-thirds of buyers at its peak came from competitors.
Get More
Global Auto Sales to be Down in 2019, Morgan Stanley Says Daimler Sees Fourth-Quarter Rebound After Two Outlook Cuts Daimler Drops to Five-Year Low After Second 2018 Profit Warning. - Bloomberg 
Share this

  Be the first to like this.


402  326  492  672 

Top 10 Active Counters
 ARMADA 0.22+0.06 
 SAPNRG 0.285-0.005 
 SUMATEC 0.005-0.01 
 MYEG 1.01-0.06 
 BARAKAH 0.08+0.02 
 NEXGRAM 0.020.00 
 IRIS 0.15+0.005 
 XINGHE 0.045+0.005 
 KNM 0.09+0.01 
 ECONBHD 0.515+0.045 


1. 火中取栗拼油气(下) 菜鸟必学7招/冷眼 【冷眼专栏】漫漫投资路
2. 当遇上基本面投资法(上) “反向”战略非唱反调/冷眼 【冷眼专栏】漫漫投资路
3. Stocks on Radar - AirAsia Group (5099) AmInvest Research Reports
4. FPI FY19 revenue growth expected to hit 15% FPI 2大因素前景看好台灣聯友今年再 尋突破
5. [转贴] 真实还原97亚洲金融风暴,韩国从暴富到破产仅用时7天! Good Articles to Share
6. Stocks on Radar - Elsoft Research (0090) AmInvest Research Reports
7. THE PERCEPTION OF P/E or: How I learned to fear my Wife the bursa journey that worked for me. 2000-2019
8. JAKS Resources Berhad - RM25.5m P&L Hit PublicInvest Research
Partners & Brokers