Bayerische Motoren Werke AG ( more popularly known as BMW)’s market capitalisation has surged to euro 45 billion ($58.8 billion), versus euro 42.2 billion for Daimler a manufacturer of Mercedes- Benz. If we subtract a reasonable price for Daimler’s truck business — the world’s biggest and the value investors assign to Mercedes stands at about euro 25 billion only. Thus Daimler AG investors value Mercedes- Benz at half what is worth.
The market is saying that the prospects for
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