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MarketScreener Homepage  >  Equities  >  Xetra  >  Daimler AG    DAI   DE0007100000

DAIMLER AG

(DAI)
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Daimler : Thomas Built Buses Offers New Type C Propane Option

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07/15/2019 | 11:15am EDT

HIGH POINT, N.C. - Thomas Built Buses, Inc. today introduced the Saf-T-Liner C2 propane school bus equipped with the new Driveforce 8.8L LPG engine produced by Powertrain Solutions Integration (PSI). The new engine offers excellent torque for hill-climbing power while maintaining lower engine speeds resulting in improved fuel economy.

'We are happy to offer this new propane option for our customers,' said Caley Edgerly, president and CEO of Thomas Built Buses. 'As our continued commitment to stand behind the latest in safety and efficiency technologies in our industry, this engine, which was designed specifically for propane-fuel, offers customers uncompromising power and performance with maximum fuel efficiency and cleaner emissions.'

The Thomas Built Buses Saf-T-Liner C2 propane equipped with the 8.8L LPG engine can be paired with the Allison 2500 or 2550 PTS transmission. Customers also may choose a 70- or 100-gallon fuel tank configuration. The propane-fueled Saf-T-Liner C2 is California Air Research Board-certified in all 50 states.

Production of the new propane school bus will begin early August 2019.

About Thomas Built Buses

Founded in 1916, Thomas Built Buses is a leading manufacturer of school buses in North America. Since the first Thomas Built bus rolled off the assembly line, the company has been committed to delivering the smartest and most innovative buses in North America. Learn more at https://thomasbuiltbuses.com or at https://www.facebook.com/thomasbuiltbuses.

Thomas Built Buses, Inc., headquartered in High Point, N.C., is a subsidiary of Daimler Trucks North America LLC, the largest heavy-duty truck manufacturer in North America and a leading manufacturer of class 4-8 vehicles. Daimler Trucks North America produces and markets commercial vehicles under the Freightliner, Western Star and Thomas Built Buses nameplates. Daimler Trucks North America is a Daimler company.

(C) 2019 Electronic News Publishing, source ENP Newswire

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Financials (EUR)
Sales 2019 171 B
EBIT 2019 7 487 M
Net income 2019 4 573 M
Finance 2019 11 351 M
Yield 2019 5,80%
P/E ratio 2019 9,25x
P/E ratio 2020 5,82x
EV / Sales2019 0,19x
EV / Sales2020 0,19x
Capitalization 44 125 M
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Number of Analysts 29
Average target price 53,45  €
Last Close Price 41,17  €
Spread / Highest target 106%
Spread / Average Target 29,8%
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Dieter Zetsche Chairman-Management Board
Manfred Bischoff Chairman-Supervisory Board
Bodo Knut Uebber Chief Financial Officer
Frank Lindenberg Head-Finance & Controlling
Clemens A. H. Boersig Member-Supervisory Board
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