Daimler's Mercedes-Benz Is a World Leader in Luxury Automobiles
No-moat rated Daimler, maker of luxury Mercedes brand cars, Mercedes trucks, vans, and buses, as well as Freightliner and Western trucks in the U.S., provided the media with its headline 2018 results at a press conference in its headquarters in Stuttgart Germany on Feb. 6. Full-year results were roughly in line with our expectations as consolidated revenue increased 2% and earnings before interest and taxes dropped 22%. An investor conference and the release of full financial statements is sched...Daimler provides a range of transportation products, including passenger cars and commercial vehicles, and also financial services. Co. operates in five segments. Mercedes-Benz Cars sells passenger cars and off-road vehicles under the Mercedes-Benz brand and small cars under the smart brand. The Daimler Trucks distributes its trucks (Mercedes-Benz, Freightliner, FUSO, Western Star, Thomas Built Buses and BharatBenz). The vans of the Mercedes-Benz Vans segment are sold under the brand name Mercedes-Benz and Freightliner. Daimler Buses sells completely built-up buses (Mercedes-Benz and Setra). The Daimler Financial Services division supports sales of Co.'s automotive brands.
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