Hargadon – DAI Brands/business segments Mercedes-Benz Cars -Maybach -Mercedes-Benz -Smart -Mercedes-AMG Daimler Trucks -Freightliner Daimler Busses Mercedes-Benz Vans Daimler Financial Services http://www.daimler.com/Projects/c2c/channel/documents/1985489_Daimler_Annual_Re port_2010.pdf Timeline of Daimler AG Benz & Company, 1883–1926 Daimler Motoren Gesellschaft AG, 1890–1926 Daimler-Benz AG, 1926–1998 DaimlerChrysler AG, 1998–2007 Daimler AG, 2007–present -http://www.enotes.com/company-histories/daimlerchrysler-ag/history-daimler-benz-ag Daimler AG and the Renault SA-Nissan Motor Co. alliance will take small stakes in each other and jointly develop small cars, in a sign of the growing need for economies of scale in the auto industry. -http://online.wsj.com/article/SB10001424052702303591204575169883829785858.html Daimler has built 1,000 all-electric versions of its Smart Fortwo using Tesla's battery technology. -http://www.greentechmedia.com/articles/read/electric-vehicles-get-a-30m-charge-1008/ Holdings Daimler currently holds interests in the following companies: 85.0% Mitsubishi Fuso Truck and Bus Corporation of Japan 50.1% Automotive Fuel Cell Cooperation of Canada 11% McLaren Group of United Kingdom (McLaren Group acquiring back stake gradually, to be completed early 2011) 22.4% European Aeronautic Defence and Space Company (EADS) the parent company of Airbus of Europe 22.3% Tognum of Germany 11.0% KAMAZ of Russia 10.0% Tesla Motors of United States Daimler AG is involved in a joint project with Archer Daniels Midland Company and Bayer CropScience to develop jatropha as a biofuel. -http://www.daimler.com/dccom/0-5-7153-1-1035042-1-0-0-0-0-0-8-7145-0-0-0-0-0-01.html Mercedes-Benz is launching its first passenger car model equipped with a hybrid drive system in summer 2009, the Mercedes-Benz S 400 HYBRID. -http://www.daimler.com/dccom/0-5-876574-1-886072-1-0-0-0-0-0-8-876574-0-0-0-0-00-0.html Daimler AG annual report 2010 CO2 emissions further reduced. Thanks to our new economical engines and our additional BlueEFFICIENCY models, we were able to reduce the average CO2 emissions of the passenger cars we sold in the European Union in the year under review to 158 g/km. What’s more, we achieved this feat despite a greater share of exceptionally high-quality and powerful vehicles in our model mix. Our goal is to reduce the CO2 emissions of our new vehicle fleet in the EU to less than 140 g/km by 2012 (see pages 83 f and 140 ff). Revenue by division Mercedes-Benz Cars 53% Daimler Trucks 22% Mercedes-Benz Vans 8% Daimler Buses 5% Daimler Financial Services 12% Business Development The Mercedes-Benz Cars division increased its unit sales by 17% to 1,276,800 vehicles. The Mercedes-Benz brand recorded growth of 21% to 1,178,300 units. In China, Mercedes-Benz continues to be the fastest growing premium brand: Sales more than doubled in that market in 2010 to 156,400 units (+140%) All the other BRIC markets also recorded double-digit growth: Brazil (+40%), Russia (+68%) and India (+79%). Daimler Trucks division increased its unit sales by 37% in 2010. In total, we shipped 355,300 heavy-, medium- and light-duty trucks We increased our market share in the medium- and heavy-duty segment (Classes 6-8) in the NAFTA region to 31.6% (2009: 29.6%) and thus gained market leadership. All in % Mercedes Cars Western Europe Germany U.S. 2010 2009 10/09 change in % 4.8 10.6 1.9 4.7 8.3 2.0 +0.1 +2.3 -0.1 Japan Daimler Trucks Medium and heavy duty trucks Western Europe -Germany Heavy duty trucks NAFTA (class 8) Medium duty trucks NAFTA (class 6,7) Medium and Heavy duty trucks Brazil Trucks Japan 0.8 0.8 0 24.3 23 +1.3 40.5 32.4 41.6 30.9 -1.1 +1.5 29.9 27.2 +2.7 27.4 28.5 -1.1 19.8 20.2 -0.4 Financials The Daimler Group’s revenue increased in 2010 by 24% to €97.8 billion; adjusted for exchange-rate effects, there was an increase of 19%. Daimler achieved EBIT of €7.3 billion in 2010 and thus concluded the financial year very successfully (2009: minus €1.5 billion). The Group’s value added increased by €7.4 billion to €2.8 billion, representing a return on net assets of 17.5% (2009: minus 6.6%). This was considerably higher than the minimum required rate of return of 8%. The positive development of EBIT led to a significant improvement in net profit to €4.7 billion in 2010 (2009: net loss of €2.6 billion). Earnings per share improved accordingly to €4.28 (2009: loss per share of €2.63). Further reduction in our cars’ CO2 emissions. Thanks to our new economical engines and our additional BlueEFFICIENCY models, we were able to reduce the average CO2 emissions of the passenger cars we sold in the European Union in the year under review to 158 grams per kilometer. What’s more, we achieved this feat despite a greater share of exceptionally high-quality and powerful vehicles in our model mix. The first of these fuelefficient automobiles, with which we achieve additional fuel savings compared with the standard models of more than 20%, was launched in 2008. By the end of the year 2010, 85 BlueEFFICIENCY models had become available. Meanwhile, nearly one third of our cars sold in Europe have CO2 emissions of less than 140 grams per kilometer. We will reduce fuel consumption and CO2 emissions even more in the future with innovative technologies for locally emission-free mobility. Our goal is to reduce the CO2 emissions of our new car fleet in the European Union to less than 140 grams per kilometer by 2012. In recent years, we have continuously reduced the emission of pollutants by our cars: by more than 75% since 1995 and by more than 30% in the past five years. The emission reductions achieved by our cars with our BlueTEC diesel engines are particularly impressive: by more than 90% compared with 1995 and by more than 75% compared with 2005. We are global leaders for clean diesel engines with our BLUETEC technology. Our BLUETEC automobiles fulfill the strictest emission standards and are the cleanest diesel cars in the world. Commercial vehicles with low consumption and emissions. We have also continuously reduced the emissions of CO2 and other harmful substances by our commercial vehicles in recent years. BLUETEC technology increases the efficiency and reduces the polluting emissions of our trucks significantly: Fuel consumption falls by 2 to 5%, representing 2,000 liters less diesel per truck each year. The Mercedes-Benz Actros 1844 LS is the world’s most fuel-efficient series-produced truck, with consumption of 19.44 liters per 100 kilometers. Hybrid drive is becoming increasingly important for commercial vehicles and can reduce diesel consumption in delivery applications by up to 15%. Daimler is the world’s leading manufacturer of commercial vehicles with hybrid drive: By December 2010, we had supplied customers with about 3,000 Orion hybrid buses, approximately 1,000 Freightliner trucks and vans with hybrid drive, and more than 1,100 Fuso trucks and buses with hybrid technology. Worldwide, a total of more than 5,200 commercial vehicles from Daimler are on the road with hybrid drive. History of Freightliner Trucks Freightliner Trucks is a division of Daimler Trucks North America, the largest manufacturer of heavy-duty vehicles in North America and a leading manufacturer of medium-duty vehicles. -http://www.freightlinertrucks.com/inside-freightliner/about-us.aspx Acquired by Mercedes-Benz in 1981, when business was struggling In the next decade, vehicle sales more than doubled. With its vast technological resources, Daimler-Benz helped Freightliner reach the top of the North American heavy-duty truck market by 1992. The 1990s marked a decade of acquisitions and significant growth. 1995 saw the purchase of Oshkosh Corporation's chassis division to found the Freightliner Custom Chassis Corporation. Also in 1995, Freightliner acquired firefighting/emergency vehicle manufacturer American LaFrance. In 1997 it purchased the heavy truck division of Ford Motor Company and soon after launched the Sterling brand. Continuing its acquisition of complementary products, in 1998, as a member of the newly formed DaimlerChrysler, Freightliner acquired school bus manufacturer Thomas Built Buses. Further growth and diversification continued with the purchase of Western Star Trucks in 2000 and the launch of the North American Unimog in 2003. 2000 - Detroit Diesel Corp. Today, Daimler Trucks North America is the leading commercial vehicle manufacturer in North America. Its portfolio of distinctive brands serves a multitude of industries and commercial vehicle applications. Through its affiliated companies like Detroit Diesel, the company also is a leading provider of heavyand medium-duty diesel engines. -http://www.daimler-trucksnorthamerica.com/inside/our-history.aspx In 2007, Freightliner laid off 800 US workers from their Portland, Oregon plant, relocating manufacturing work to their new multimillion-dollar plant in Mexico. However, plans to close the plant completely were dropped in September 2009, and it remained open to produce military vehicles. -http://www.portlandtribune.com/news/story.php?story_id=125417506785296500 Freightliner, as of 2009, is owned by Daimler Truck North America, and is still the largest truck manufacturer in North America. Freightliner has cornered the market in the medium to heavy-duty truck line. Their affiliations with Detroit Diesel, a producer of quality diesel engines, also sets them apart as a leading provider of diesel engines. However, Freightliner trucks are also available with other types of diesel motors, such as Caterpillar or Cummins, as opposed to Detroit Diesel. -http://www.ehow.com/about_5032270_freightliner-truckshistory.html#ixzz1HqHquvTf Tesla Motors is supplying battery packs for Freightliner's Custom Chassis Electric Van. -http://wot.motortrend.com/tesla-motors-to-provide-batteries-for-freightlinercustom-chassis-electric-van-6980.html