Daimler Suspends Most Production in Europe as Coronavirus Crisis Worsens [The Motley Fool]
MERCEDES BENZ GROUP AG (DDAIF)
NASDAQ:AMEX Investor Relations:
daimler.com/investors
Company Research
Source: The Motley Fool
Daimler Suspends Most Production in Europe as Coronavirus Crisis Worsens Daimler's European factories accounted for 40% of its 2019 revenues. Daimler AG ( OTC:DMLRY ) , the parent company of the Mercedes-Benz luxury brand, is shutting down "majority" of its production in Europe as the government scrambles to tackle the COVID-19 pandemic. With that, Daimler becomes the latest automaker to suspend operations in Europe. While Ford Motor Company ( NYSE:F ) is shutting down its main manufacturing facilities in continental Europe, Volkswagen (OTC:VWAGY) plans to halt production at all of its factories in Europe in the coming weeks, including Lamborghini and Ducati factories. In fact, from Fiat Chrysler Automobiles to Renault to Peugeot SA , you name it and it's there: The entire auto industry in Europe is shutting down even as the U.S. Centers for Disease Control and Prevention (CDC) issued a Level-3 warning, recommending avoidance of all non-essential travel to most countries in Europe.
Show less
Read more
Impact Snapshot
Event Time:
DDAIF
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DDAIF alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DDAIF alerts
High impacting MERCEDES BENZ GROUP AG news events
Weekly update
A roundup of the hottest topics