How To Trade Daimler
Who are we? Daimler AG develops, manufactures, distributes, and sells a wide range of automotive products such as passenger cars, trucks, vans, and buses.
Full company name: Daimler AG
Headquarters: Mercedesstraße, Stuttgart,
Expiry formula: (Bid + Ask) / 2
Trading hours: Mon – Fri, 08:00 – 20:00 (EST)
Founded in 1886, Daimler AG is a beverage company. Daimler is an automotive engineering company. The Company is engaged in the development, production and distribution of cars, trucks and vans in Germany, and the management of the Daimler Group. Daimler’s segments include Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services. The Mercedes-Benz Cars segment includes vehicles of the Mercedes-Benz brand, including the brands, Mercedes-AMG and Mercedes-Maybach, as well as the Mercedes me brand. The Daimler Trucks segment develops and produces vehicles under the brands, including Mercedes-Benz, Freightliner, Western Star, FUSO and BharatBenz. The Mercedes-Benz Vans segment is a supplier of a range of vans and associated services. The Daimler Buses segment sells completely built-up buses under brand names, including MercedesBenz and Setra. The Daimler Financial Services segment supports the sales of its automotive brands in approximately 40 countries around the world.
How To Trade This Stock?
The trading of Daimler shares takes place on the Frankfurt Stock Exchange under the DAI tag. Daimler shares can also be found in the German DAX index list. This means that the asset can be traded both separately and to take into account its indicators in the index. In terms of the automotive industry, traders are mainly interested in firms such as BMW, Fiat, Hyundai, and so on. Daimler ranks 13th in car production and second in van and truck production in the world. With the growth of the world economy, the company has a great chance to take a strong position in the market due to the fact that the brand is associated with high quality products. This should be taken into account when analyzing the asset.