In addition, the shareholders also approved the issuing of convertible bonds and/or bonds with warrants with a total face value of up to €10 billion and the creation of a new Conditional Capital 2010 of €500 million.
As said, Daimler outlined during the meeting both the steps it took last year to survive the crisis, as well as the measures to be taken in 2010 for the greater good of the company. After in 2009 Daimler registered a 20 percent fall in revenue net loss of €2.6 billion, the outlook for 2010 is somewhat optimistic.
The German carmaker plans to grow at around double the rate of the global passenger car market for the year, despite the fact that predictions show the unit sales and revenue will be under the 2008 levels.
To do this, Daimler plans to optimize the existing internal combustion engine and also add more hybrids, electric vehicles and fuel cell vehicles to the range. By 2012, Daimler plans to reduce the CO2 emissions of its new-car fleet in the European Union to under 140 g/km.
“We are sharpening our brand profiles, spearheading technological transformation, growing in key markets, satisfying changed customer requirements and boosting our efficiency,” Zetsche added.
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