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Mercedes denies report that is has discussed sale of van business

FRANKFURT (Reuters) - Mercedes-Benz denied a German media report that it was weighing a sale of its vans business as the automaker plans to put more strategic weight on high-end...
Mercedes denies report that is has discussed sale of van business © Reuters. FILE PHOTO: The Mercedes-Benz logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany, September 10, 2019. REUTERS/Ralph Orlowski/File Photo

FRANKFURT (Reuters) - Mercedes-Benz denied a German media report that it was weighing a sale of its vans business as the automaker plans to put more strategic weight on high-end vehicles.

The weekly Manager Magazin on Thursday said a possible sale of the vans business - previously seen as sacrosanct - was being discussed as a measure of last resort, citing supervisory board sources.

"This is pure speculation which we expressly deny," a company spokesperson said when asked to respond to the report.

Mercedes-Benz said in May it would focus more narrowly on the luxury segment and cut out some entry-level models with lower margins, part of a plan to put 75% of investment into top-end vehicles and its highest-selling segment of C-Class and E-Class models.

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30-06-2022 19:39:42 (UTC+7)

EUR/USD

1.0394

-0.0045 (-0.43%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

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EUR/USD

1.0394

-0.0045 (-0.43%)

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↑ Sell

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GBP/USD

1.2119

-0.0006 (-0.05%)

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Buy (4)

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Buy (1)

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USD/JPY

136.21

-0.37 (-0.27%)

Summary

↑ Buy

Moving Avg:

Buy (7)

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Buy (7)

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AUD/USD

0.6888

+0.0007 (+0.10%)

Summary

Neutral

Moving Avg:

Buy (7)

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Buy (2)

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USD/CAD

1.2906

+0.0015 (+0.12%)

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Buy (4)

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EUR/JPY

141.57

-1.01 (-0.71%)

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Buy (1)

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EUR/CHF

0.9960

-0.0011 (-0.11%)

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Neutral

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Buy (5)

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Buy (4)

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Gold Futures

1,808.55

-8.95 (-0.49%)

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↑ Buy

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Buy (9)

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Buy (7)

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Silver Futures

20.433

-0.305 (-1.47%)

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↑ Buy

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Buy (9)

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Copper Futures

3.7027

-0.0778 (-2.06%)

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↑ Buy

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Buy (8)

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Crude Oil WTI Futures

109.06

-0.72 (-0.66%)

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↑ Buy

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Indicators:

Buy (9)

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Brent Oil Futures

111.88

-0.57 (-0.51%)

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↑ Buy

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Indicators:

Buy (9)

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Natural Gas Futures

6.454

-0.044 (-0.68%)

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↑ Buy

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US Coffee C Futures

229.68

+1.43 (+0.63%)

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↑ Buy

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Buy (12)

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Buy (8)

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Euro Stoxx 50

3,438.85

-75.47 (-2.15%)

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↑ Buy

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Buy (9)

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S&P 500

3,818.83

-2.72 (-0.07%)

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↑ Buy

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Buy (10)

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DAX

12,702.25

-301.10 (-2.32%)

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Buy (8)

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FTSE 100

7,174.25

-138.07 (-1.89%)

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Buy (10)

Sell (2)

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Buy (10)

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Hang Seng

21,859.79

-137.10 (-0.62%)

Summary

Sell

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Buy (1)

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Buy (3)

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US Small Cap 2000

1,719.37

-19.47 (-1.12%)

Summary

Neutral

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IBEX 35

8,046.75

-141.25 (-1.73%)

Summary

↑ Buy

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BASF SE NA O.N.

40.273

-1.307 (-3.14%)

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Neutral

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Buy (4)

Sell (4)

Bayer AG NA

56.67

-0.95 (-1.65%)

Summary

↑ Sell

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Allianz SE VNA O.N.

180.95

-2.77 (-1.51%)

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↑ Buy

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Adidas AG

167.95

-2.07 (-1.22%)

Summary

↑ Buy

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Sell (0)

Deutsche Lufthansa AG

5.502

-0.311 (-5.35%)

Summary

↑ Sell

Moving Avg:

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Sell (12)

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Buy (0)

Sell (9)

Siemens AG Class N

98.36

-3.04 (-3.00%)

Summary

Buy

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Deutsche Bank AG

8.309

-0.262 (-3.06%)

Summary

↑ Buy

Moving Avg:

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Sell (1)

 EUR/USD1.0394↑ Sell
 GBP/USD1.2119↑ Sell
 USD/JPY136.21↑ Buy
 AUD/USD0.6888Neutral
 USD/CAD1.2906↑ Sell
 EUR/JPY141.57↑ Sell
 EUR/CHF0.9960Neutral
 Gold1,808.55↑ Buy
 Silver20.433↑ Buy
 Copper3.7027↑ Buy
 Crude Oil WTI109.06↑ Buy
 Brent Oil111.88↑ Buy
 Natural Gas6.454↑ Buy
 US Coffee C229.68↑ Buy
 Euro Stoxx 503,438.85↑ Buy
 S&P 5003,818.83↑ Buy
 DAX12,702.25↑ Buy
 FTSE 1007,174.25↑ Buy
 Hang Seng21,859.79Sell
 Small Cap 20001,719.37Neutral
 IBEX 358,046.75↑ Buy
 BASF40.273Neutral
 Bayer56.67↑ Sell
 Allianz180.95↑ Buy
 Adidas167.95↑ Buy
 Lufthansa5.502↑ Sell
 Siemens AG98.36Buy
 Deutsche Bank AG8.309↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,810/ 6,870
(5/ 5) # 1,764
SJC HCM6,830/ 6,890
(10/ 0) # 1,783
SJC Hanoi6,830/ 6,892
(10/ 0) # 1,785
SJC Danang6,830/ 6,892
(10/ 0) # 1,785
SJC Nhatrang6,830/ 6,892
(10/ 0) # 1,785
SJC Cantho6,830/ 6,892
(10/ 0) # 1,785
Cập nhật 30-06-2022 19:39:44
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JPY165,73175,46
KRW15,5118,90
Cập nhật lúc 18:51:16 30/06/2022
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