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Daimler AG stock has fallen 82 percent
Oct. 24
Daimler AG, the world's second- largest maker of luxury cars, may restart its 6 billion-euro stock buyback program as soon as financial markets unfreeze in order to take advantage of its low share price
Daimler's stock has fallen 82 percent since hitting a brief peak 12 months ago following the sale of former U.S. arm Chrysler LLC and has lost about two thirds since the ill-fated acquisition of Chrysler in 1998. Over the last 12 months, the Bloomberg Europe Autos Index has fallen 45 percent.
More Here:
Bloomberg.com: Germany
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Rick
Nitro Year: 2007 (1 of 113,000 sold)
Nitro Model: R/T 4X4 Stone White
CAT-BACK Exhaust, CAI, Projector Head Lamps
Fully-Equipped w/all factory options
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