Rochester, NY 7/13/2009 10:20:01 PM
Morning News - DAI - Abu Dhabi takes part of Daimler's Tesla stake
Daimler AG DAI
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Daimler AG, DAI
COMPANY "In The News"
Daimler said that Abu Dhabi's Aabar Investments has bought 40% of the German car maker's interest in Tesla Motors. Daimler in May acquired an equity interest of just under 10% in Tesla Motors Inc., a leading producer of electric vehicles. Aabar acquired 9.1% of the share capital of Daimler in March. (Updates to add Daimler stock-market symbol.)
COMPANY DETAILS
Daimler AG develops, manufactures, distributes, and sells automotive products in approximately 200 countries worldwide. It has five divisions: Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses, and Daimler Financial Services. The Mercedes-Benz Cars division offers products ranging from small cars of the smart brand to the premium automobiles of the Mercedes-Benz and AMG brands, and to the Maybach luxury sedans.
Last Trade: 35.69
Day's Range: 35.11 - 35.84
52wk Range: 21.53 - 67.33
Volume: 236,161
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