The ratings on Germany-based automaker Daimler AG reflect the group's satisfactory business risk profile and intermediate financial risk profile. The ratings are supported by the strong competitive position of the group's Mercedes-Benz Cars (MBC) division, which enjoys a leading share of the global luxury vehicle market; the broad product and geographic scope of the group's operations; and the group's good financial flexibility. They are supported by the market position and strength of the commercial vehicles unit, which benefits from the geographic diversity of its sales and broadly diversified production. The business risk assessment is constrained by high demand volatility in the passenger car markets and even more pronounced cyclicality in the global commercial vehicle markets. The high volatility of operating
RESEARCH Summary: Daimler AG Publication date: 21-Apr-2010 Primary Credit Analyst: Werner Staeblein, Frankfurt (49) 69-33-999-130; werner_staeblein@standardandpoors.com Secondary Credit Analyst: Tobias Mock, CFA, Frankfurt (49) 69-33-999-126;...
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Germany's Daimler AG Outlook Revised To Stable From Negative On Strengthening Credit Ratios; 'BBB+/A-2' Ratings Affirmed – 2010/08/26 – US$ 150.00
Research Update: Germany's Daimler AG Outlook Revised To Stable From Negative On Strengthening Credit Ratios; 'BBB+/A-2' Ratings Affirmed – 2010/08/26 – US$ 225.00
Daimler AG – 2010/09/03 – US$ 500.00
Summary: Daimler AG – 2010/09/03 – US$ 225.00
Daimler AG – 2010/12/20 – US$ 500.00
Daimler AG – 2010/04/21 – US$ 500.00
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 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
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