Zetsche not keen to hand over Mercedes-Benz to Bernhard just yet
For the first time in history, Daimler stock is worth less than that of BMW despite the fact that BMW is one-third smaller in terms of revenue. While Daimler has seen its stock prices increase by 27 percent, other automakers have enjoyed significantly larger gains. Reuters points out that Volvo has leaped by 90 percent and that BMW has doubled its stock price recently.
Investors are looking for answers, and most would like to see a change in management to help improve the company's fortunes.
- Most and least efficient car companies
- Fastest-depreciating cars in the United States
- Find and compare 2017 Models