Home Credit Ratings and Research Residential Mortgage-Backed Securities S&P Global Ratings’ Credit Research Daimler AG

Daimler AG

Published Oct 17, 2008

5875 words — Published Oct 17, 2008

Price US$ 500.00 | Buy this Report Now

About This Report

Abstract:

Leading position in the relatively recession-resistant luxury-vehicle industry Broad geographic diversity and improved cost structure that is allowing Daimler's Trucks division to reach satisfactory profitability even under a market downturn scenario Moderate financial leverage and good financial flexibility Large one-time drain on net profit and cash flow in 2007 after Chrysler spin-off Formerly strong profit contribution from Financial Services dampened by the challenging separation of Chrysler Financial Services and by rising interest costs Deteriorating economic and industry environment The ratings on German automaker Daimler AG reflect the broad product and geographic scope of the group's operations and the progress it has made since the separation of Chrysler LLC (CCC+/Negative/--) in 2007. They also reflect the turnaround in recent years at

Brief Excerpt:

RESEARCH Daimler AG Publication date: 17-Oct-2008 Primary Credit Analyst: Maria Bissinger, Frankfurt (49) 69-33-999-120; maria_bissinger@standardandpoors.com Secondary Credit Analyst: Werner Staeblein, Frankfurt (49) 69-33-999-130;...

Report Type:

Full Report

Ticker

DAI@GR

Issuer

Daimler AG

GICS

Automobile Manufacturers (25102010)

Sector

Global Issuers, Structured Finance

Country

Germany

Region

United States

Format:

HTML

Daimler AG Outlook Revised To Negative On Weakening Automotive Markets; 'A-/A-2' Ratings Affirmed – 2009/02/27 – US$ 150.00

Research Update: Daimler AG Outlook Revised To Negative On Weakening Automotive Markets; 'A-/A-2' Ratings Affirmed – 2009/02/27 – US$ 225.00

Daimler AG Downgraded To 'BBB+' On Reduced Performance Expectations; Outlook Negative – 2009/06/18 – US$ 150.00

Research Update: Daimler AG Downgraded To 'BBB+' On Reduced Performance Expectations; Outlook Negative – 2009/06/18 – US$ 225.00

Daimler AG – 2010/04/21 – US$ 500.00

Summary: Daimler AG – 2008/10/17 – US$ 225.00

Daimler AG Outlook Revised To Stable On Tougher Market Conditions; 'A-/A-2' Ratings Affirmed – 2008/10/08 – US$ 150.00

Research Update: Daimler AG Outlook Revised To Stable On Tougher Market Conditions; 'A-/A-2' Ratings Affirmed – 2008/10/08 – US$ 225.00

Summary: Daimler AG – 2008/07/25 – US$ 225.00

Daimler AG L-T Rating Raised To 'A-' On Strong Performance; Outlook Positive – 2008/04/14 – US$ 150.00

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "Daimler AG" Oct 17, 2008. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Daimler-AG-677498>

APA:	S&P Global Ratings’ Credit Research. (). Daimler AG Oct 17, 2008. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Daimler-AG-677498>

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