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Advance of trust gambled / comment on development
Daimler

by Sebastian Schmid

Frankfurt (ots) – Rarely has there been more in the automotive industry
Uncertainty about

the course of a year than this February 2020. That applies in
special measure

for Daimler. The Dax group has had a catastrophic year
With

special loads worth billions. They pay the slump in profits
Shareholders with the

lowest dividend since the non-distribution year 2010. So
must they

Stuttgart now not only the start in electric mobility
accelerate to

potentially billions of dollars in penalties for failing to

Avoid EU fleet emissions targets, but at the same time drastically
save to the

Stop declining margins in core business.

According to CEO Ola Källenius, the group has all the preparations
met –

both for savings and for electric mobility and
the

Digitization campaign. But now the plans have to come off the drawing board
on the

To be brought by road. And that’s the crux. It can hardly
doubts

be that Daimler is capable of high quality
Electric cars too

to build. The MBUX entertainment system also provides proof that
that Daimler

in terms of vehicle digitization, at least before the German one
Not competition

must be afraid. The margin should also match
efficiency efforts

rise again. Källenius is right when he says it is hardly
comprehensible,

that the premium manufacturer with the highest prices and the highest
Paragraph the

lowest margins.

The key question will be whether Daimler is the brand
Mercedes-Benz without

Loss of value can lead into the e-car age. In the
It was the past

often exactly this question, on which traditional companies failed.
Nokia and

Blackberry have also developed good smartphones. In the end wanted
but hardly

Customers buy these from the old guard and prefer to reach for them
Products of

Newcomers Apple and Samsung.

So that it doesn’t end for Mercedes, Källenius wants the brand
New

position. Can it work? Not clear. That recently
X class after

was abandoned a few years ago, increases confidence in
the

Daimler’s market forecasts are not exactly. And even with the first one
E-car EQC

Källenius speaks of a “very healthy” demand. at

battery-electric cars have so far been used in limousines
superior

Reach the dominant design. Doubts about the Daimler strategy
likely

stop. The advance of trust was with the disaster year
Playful in 2019.

(Börsen-Zeitung, February 12, 2020)

Press contact:

Stock exchanges newspaper

editorial staff

Telephone: 069–2732-0

www.boersen-zeitung.de

Further material: https://www.presseportal.de/pm/30377/4517911

OTS: Börsen-Zeitung

AXC0286 2020-02-11 / 20: 01

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