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4 more workers allege racial bias at Daimler plant
2014-10-23 22:52:25| Auto Dealers - Topix.net
Oregon has expanded its investigation into discrimination at the Portland truck-making plant of German automotive giant Daimler AG after four more employees came forward with allegations of racial harassment. The four new civil rights complaints against Portland-headquartered Daimler Trucks North America bring the total to nine, all filed over the past few weeks.
Tags: plant
workers
bias
racial
4 more workers allege racial bias at Daimler plant
2014-10-23 22:31:41| Automakers - Topix.net
Oregon has expanded its investigation into discrimination at the Portland truck-making plant of German automotive giant Daimler AG after four more employees came forward with allegations of racial harassment. The four new civil rights complaints against Portland-headquartered Daimler Trucks North America bring the total to nine, all filed over the past few weeks.
Tags: plant
workers
bias
racial
Daimler net profit up 49 percent in 3rd quarter
2014-10-23 10:47:00| Automakers - Topix.net
Automaker Daimler says its net earnings rose by nearly half in the third quarter as revenue rose 10 percent and the company booked a one-time gain from the sale of a stake in a maker of heavy-duty engines. Daimler AG on Thursday reported a net profit of 2.82 billion euros for the July-September period, a 49-percent rise from last year's 1.9 billion euros.
Daimler AG Sells 4-Percent Stake In Tesla For $780-Million; Shares Fall
2014-10-22 04:33:23| Auto Dealers - Topix.net
CBS San Francisco Connect With Us At KPIX 5 PROGRAM GUIDE: KPIX 5 TV Schedule WATCH: A Glimpse Inside The Working KPIX 5 Newsroom Breaking News Send news tips, video & photos, and video to the KPIX 5 [...] CONNECT WITH KCBS Welcome to KCBS All News 740AM & 106.9FM on CBSSanFrancisco.com! LIKE KCBS Radio On Facebook: KCBS is the Bay Area's only all news station, serving listeners with local, national and world news around the clock, [...] PALO ALTO - Daimler AG says it has sold its 4 percent stake in electric car maker Tesla for $780 million. The Germany-based parent of Mercedes-Benz says its partnership with Tesla Motors Inc. is unaffected.
Daimler sees $780 million windfall from sale of Tesla stake
2014-10-22 00:39:14| Auto Dealers - Topix.net
Daimler AG on Tuesday said it would book a $780 million windfall from selling its 4 percent stake in rival electric car maker Tesla Motors Inc. A cooperation agreement to supply Mercedes-Benz cars with Tesla battery technology will remain unaffected by the sale, Daimler CEO Dieter Zetsche said in a statement . The sale of Daimler's stake in Tesla will result in a cash inflow of around $780 million, boosting earnings before interest and taxes by a similar amount for 2014.
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