Daimler has picked the head of its North American trucks division to run group-wide truck operations, it said on Monday, avoiding a lengthy search for a successor to departed chief Wolfgang Bernhard. Daimler AG sign is pictured at the IAA truck show in Hanover, Germany, September 22, 2016.
Category: Auto Dealers
U.S. Weekly FundFlows Insight Report: Retail Investors Remain On The Sidelines
The holiday-shortened trading week with low market volume kept most investors on the sidelines. However, the late-week release of the Federal Open Market Committee minutes-hinting at a faster pace of rate hikes in the coming months but largely ignored by investors-and strong U.S. automobile sales for November piqued investor interest on the second trading day of 2017.