The increase in value-added tax that took place at the beginning of April will probably have a significant negative impact on demand in the coming months. A market correction is anticipated for Japan in full-year 2014, despite the dynamic start to the year. Nonetheless, increased demand can generally be expected in most of the core markets thanks to the improved economic outlook. The region’s recent quite significant growth rates were primarily a reflection of the weak prior-year level and are likely to decrease perceptibly as the year progresses. Daimler continues to anticipate a rather hesitant recovery of the Western European market. The US market is also likely to continue its growth although only at a relatively moderate rate, the market volume will probably increase to approximately 16 million cars and light trucks. Once again, China is expected to deliver the biggest contribution to global growth further expansion of the country’s car market of approximately 10% should be possible. The improvement was primarily due to the positive contributions to earnings from the automotive divisions.Īccording to current assessments, worldwide demand for cars is likely to grow by a magnitude of 4-5% this year, whereby Daimler currently sees the markets developing at the lower end of that bandwidth.
Umsatz daimler 2014 free#
The free cash flow of the industrial business developed well and increased by €1.8 billion to €0.7 billion. The net liquidity of the industrial business amounted to €14.5 billion at the end of the first quarter (end of 2013: €13.8 billion).
This once again underscores the importance Daimler places on the Chinese market and continues its strategy of covering its financing requirements locally wherever possible. And in China, Daimler was the first foreign company to issue a renminbi bond. In March, Daimler Finance North America LLC issued bonds in the US capital market with maturities of three and seven years and a total volume of $2.15 billion. In January 2014, Daimler AG issued a bond in the euro market with a maturity of eight years and a volume of €750 million. The Daimler Group once again undertook refinancing at attractive conditions in the international money and capital markets in the first quarter of 2014.
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