Daimler and other German car makers are being hit by the financial crisis and are is responding with production cuts. (27.10.2008) - je 21

As Dorothee mentioned, VW stocks are soaring as Porsche and VW maneuver for dominance in the board room. Shares in VW closed nearly 150- percent higher today. But at Daimler things are different, its shares closing 9- percent lower. Like Opel, BMW and other German car makers, Daimler is also being hit by the financial crisis, and like others, is responding with production cuts.