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Conference Call
Q3 and January-September 2009 Results


Bodo Uebber

Member of the Board of Management
Finance & Controlling and Daimler Financial Services


October 27, 2009
                                 Date (year-month-day)   1
Automotive market slump in triad markets


             Passenger Cars
             Passenger Cars                                                        Trucks
                                                                                   Trucks                                                       Vans
                                                                                                                                                Vans
 in millions of units                                            in thousands of units                                   in thousands of units

                Q1      Q2         Q3    Q4                                 Q1         Q2     Q3    Q4                                  Q1       Q2         Q3     Q4
40                                                            1200                                                       2000
      36.0      35.7     34.9                                                1,029                                       1800                     1,719
35                                                                                                                              1,618   1,652
                                                              1000   956
                                        30.7                                                                             1600                                    1,496
30                                             -10% to -15%                                 822
                                        6.0                                                                              1400
                                                              800                                   741                                                          305
25                                                                                                                                                                       -32% to -37%
                                                                                                                         1200
                                                                                                   162
                                        7.4                                                                                                                      344
20                                                            600                                         -35% to -45%   1000
                                                   7.3                                             180                   800
15
                                        8.6                   400                                                                                                428        234
                                                                                                                         600
10                                                 7.0                                             201       99
                                                                                                                         400                                                278
                                                              200                                            106
5                                       8.7                                                                              200                                     419
                                                   6.4                                             198                                                                      255
                                                                                                             123
0                                                               0                                                          0
       '05      '06          '07        '08       '09*                '05        '06        '07     '08     '09*                 '05      '06         '07         '08      '09*
                             *Q3 ’09 based on estimates                                     *Q3 ’09 based on estimates                                *Q3 ’09 based on estimates




                                                                                                                                                                                        2
Sales have stabilized
– Group sales in thousands of units –

       Mercedes-Benz Cars
       Mercedes-Benz Cars                                 Daimler Trucks
                                                          Daimler Trucks
 400                                                 150


                                                     120
 300

                                                      90
 200
                                                      60

 100                                                  30


   0                                                   0

         Q1   Q2          Q3   Q4   Q1    Q2    Q3           Q1   Q2          Q3   Q4   Q1    Q2    Q3
                   2008                  2009                          2008                  2009



       Mercedes-Benz Vans
       Mercedes-Benz Vans                                 Daimler Buses
                                                          Daimler Buses
 100                                                 12

                                                     10
  80
                                                      8
  60
                                                      6
  40
                                                      4

  20                                                  2


   0                                                  0

         Q1   Q2          Q3   Q4   Q1    Q2    Q3          Q1    Q2          Q3   Q4   Q1    Q2    Q3
                   2008                  2009                          2008                  2009

                                                                                                         3
Key financials


– in billions of € –                             Q1 2009   Q2 2009   Q3 2009

Revenue                                            18.7      19.6      19.3

EBIT                                               (1.4)     (1.0)      0.5

EBIT excluding special reporting items             (1.4)     (0.4)      0.4

Net profit                                         (1.3)     (1.1)      0.1

Free cash flow industrial business                 (1.1)      1.4       2.0

Net liquidity industrial business (period-end)      3.7       4.6       6.7


                                                                               4
Changes in net liquidity - industrial business
– in billions of € –
                                                                                                                 2.0              6.7



                                                                     1.4          (0.6)
                                                                                                4.6
                                                                                                             Working capital
                                      1.9          3.7                                                       reduction +1.6
                                                                                                             Sales, earnings
      3.1            (1.1)                                      Working capital                                and other
                                                                reduction +2.5                                  cash flow
                                                                Sales, earnings                               impact -0.2
                                                                  and other                                  Taxes leveraged
                                                                   cash flow                                   leases +0.6
                                                                 impact -1.1
                   Working capital
                   reduction +1.3
                   Sales, earnings
                     and other
                      cash flow
                    impact -2.4


   Net liquidity    Free cash         Capital   Net liquidity    Free cash        Dividend   Net liquidity     Free cash       Net liquidity
    industrial         flow          increase    industrial         flow          payment     industrial          flow          industrial
  12/31/2008        industrial                  3/31/2009        industrial                  6/30/2009         industrial      9/30/2009
                    business                                     business                                      business


                                                                                                                                               5
Mercedes-Benz Cars

Turnaround achieved, back to positive figures
in Q3 2009
– EBIT in millions of € –


       1,000


         500                                                       355
                    112
           0


        -500                       (359)             (340)


       -1,000
                                           (1,123)
       -1,500
                     Q3             Q4       Q1       Q2           Q3

                            2008                     2009


                                                                                  6
Mercedes-Benz Cars

Model mix improved by launch of new E-Class and
new-generation S-Class
– Group sales in thousands of units* –



   400
                              351
   350
              315                              314
   300                                                         284            286
                                                                                     271

   250                                                                  230

   200                                                                                         smart
                                                                                               M-/R-/G-/GL-/GLK-Class
   150                                                                                         A-/B-Class
                                                                                               C-Class
   100                                                                                         E-Class
                                                                                               S-Class
    50

     0
               Q1              Q2              Q3               Q4      Q1    Q2     Q3
                                      2008                                    2009
  *Excluding Mitsubishi vehicles produced and/or sold in South Africa
                                                                                                                        7
Mercedes-Benz Cars

Product highlights
 E-Class station wagon        Mercedes-Benz SLS AMG




 B-Class F-CELL                New-generation S-Class




                                                        8
Daimler Trucks

Weak demand and repositioning in NAFTA and Asia
impact earnings, but low point has been passed in Q2
– EBIT in millions of € –


       600         510

       400

       200
                                   86

          0

       -200                             (142)           (127)

       -400

       -600                                     (508)
                   Q3              Q4    Q1      Q2      Q3

                            2008                2009


                                                                         9
Daimler Trucks

Incoming orders show signs of recovery in the truck
business
– Incoming orders in thousands of units –


   140
          122
   120              112
                                 102
   100


    80                                      73               75


    60                                                56

                                                 40                   Trucks Asia
    40
                                                                      Trucks NAFTA

    20                                                                Trucks EU/LA


     0
          Q1         Q2          Q3         Q4   Q1   Q2     Q3

                          2008                        2009

                                                                                     10
Daimler Trucks

Product highlights
   Mercedes-Benz Actros Safety Truck   Freightliner Business Class M2 112 NG




   Freightliner Cascadia BlueTec           Mitsubishi Fuso Canter Eco Hybrid




                                                                               11
Mercedes-Benz Vans

Break-even achieved through countermeasures and
slight market recovery
– EBIT in millions of € –


       300

                   212
       200                         158

       100

                                                             1
          0
                                                (10)

       -100
                                         (91)

       -200
                   Q3              Q4    Q1     Q2           Q3

                            2008                2009


                                                                            12
Mercedes-Benz Vans

Product highlights

   Mercedes-Benz Sprinter BlueEFFICIENCY




                                                                13
Daimler Buses

Daimler Buses maintain profitability despite lower
unit sales in major markets
– EBIT in millions of € –


       120

       100         92

        80
                                   69
                                        65
        60
                                              49

        40
                                                    23
        20

         0
                   Q3              Q4   Q1   Q2     Q3

                            2008             2009


                                                                    14
Daimler Buses

Product highlights
    Mercedes-Benz Citaro LÜ                             Setra TopClass 400




    Orion VII Diesel-Electric Hybrid   Mercedes-Benz Citaro FuelCELL-Hybrid




                                                                              15
Daimler Financial Services

Financial Services portfolio decreases after its peak
at the end of September 2008
– Contract volume in billions of € –


      70

      65                                63.9   63.4
                                                      62.0
                          60.4                                  60.3
      60      58.3                                                         58.7

      55

      50

      45

      40
               Q1         Q2            Q3     Q4     Q1        Q2         Q3

                                 2008                          2009


                                                                                          16
Daimler Financial Services

Financial Services affected by higher cost of risk

– EBIT in millions of € –


       250
       200         173
                                   153
       150
                                                                  101
       100                                       79

        50
          0
        -50
       -100
       -150
       -200                              (167)
                   Q3              Q4     Q1     Q2               Q3

                            2008                 2009


                                                                                   17
Further improvement in Group EBIT from ongoing
business

– in billions of € –                       Q1 2009   Q2 2009   Q3 2009

EBIT Daimler Group (as reported)             (1.4)     (1.0)     0.5
EBIT (excluding special reporting items)

        - Group                              (1.4)     (0.4)     0.4
        - Mercedes-Benz Cars                 (1.1)     (0.3)     0.4
        - Daimler Trucks                     (0.1)     (0.3)     (0.1)
        - Mercedes-Benz Vans                 (0.1)     (0.0)     0.0
        - Daimler Buses                       0.1       0.0      0.0
        - Daimler Financial Services         (0.2)      0.1      0.1



                                                                         18
Daimler approaches short, medium & long term need
for action
                                                                                         Topics
   On-going Daimler Excellence Process


                                                                                  • Brand management
                                                          Shape and invest into   • Green technology
                                         3
                                                            strategic key areas   • Product portfolio
                                                                                  • BRIC


                                                                                  • Capacity optimization
                                                 Drive structural                 • Efficiency programs
                                         2
                                                competitiveness                   • Cooperations




                                              Manage                              • Cash flow measures
                                         1
                                             the crisis                           • Labor cost measures
                                                                                  • Funding


                                             short         medium     long term
                                                                                                            19
Assumptions for automotive markets in 2009

  Car markets
     •   Worldwide market expected to contract by approximately 10%
     •   China will be the only major market with increased volume

  Truck markets
     •   Continued depressed demand for medium- and heavy-duty trucks globally
     •   Western Europe       -40% to -50%
     •   NAFTA                -30% to -40%
     •   Japan                -45% to -55%
     •   Brazilian market shows first signs of recovery
  Van markets
     •   Only slight improvement expected for the rest of the year
  Bus markets
     •   City bus market expected to be stable in 2009
     •   Ongoing difficult market for coaches and chassis
                                                                                 20
Outlook 2009 for Daimler unit sales


   Mercedes-Benz Cars
       •   Q4 2009 unit sales expected to be above Q3 due to the new
           E-Class station wagon and full availability of the E-Class sedan

   Daimler Trucks
       •   Q4 2009 unit sales expected to stay at the low level of Q3

   Mercedes-Benz Vans
       •   Q4 2009 unit sales expected to increase slightly compared to the
           previous quarters

   Daimler Buses
       •   Q4 2009 unit sales expected to increase mainly due to higher
           deliveries in connection with major orders

                                                                              21
Outlook 2009 for EBIT
  Mercedes-Benz Cars
   •   Q4 2009 EBIT expected to show a moderate improvement compared to Q3
   •   Results from ongoing business should benefit from higher unit sales and efficiency
       improvements
  Daimler Trucks
   • Weak demand in most important markets and less favorable regional mix will
     lead to lower earnings from ongoing business in Q4
   • Business repositioning will lead to charges also in Q4

  Mercedes-Benz Vans
   •   The division will break even also in Q4 2009
  Daimler Buses
   •   Solid Q4 2009 EBIT expected
  Daimler Financial Services
   •   Continuing positive earnings expected for Q4 2009
  Daimler Group
   •   The Group expects to achieve a positive EBIT from ongoing business in Q4 2009
   •   However, the Group is monitoring dealer and supplier risks which could impact Q4
       earnings                                                                             22
Conference Call
Q3 and January-September 2009 Results


Questions & Answers




October 27, 2009
                        Date (year-month-day)   23
Group EBIT in Q3 2009
– in millions of € –




                  913            (1,557)




     648
                Reassessment                                   403          (72)       105       470
                of residual
                values    449
                Chrysler 399
                                                   30
                                Cars     (160)   Cars   76    Cars (122)
                                Trucks (1,066)   Trucks (5)   Trucks 437
                                Vans     (266)   Buses (34)
                                Buses     (65)


     Actual      Special         Volume/          Foreign      Other       Financial   Others    Actual
    Q3 2008     reporting       Structure/       exchange       cost       Services             Q3 2009
                  items         Net pricing        rates      changes

                                                                                                          24
Mercedes-Benz Cars

Positive effect from full availability of new E-Class
and more favorable sales structure
– in millions of € –

                                            + 243


                                                                                  355
                       - Full availability of new E-Class sedan and coupe
                       - More favorable sales structure
                       - Countermeasures
         112           - Reassessment of residual values in Q3 2008

                       - Lower unit sales




       EBIT                                                                      EBIT
      Q3 2008                                                                   Q3 2009
                                                                                                 25
Daimler Trucks

Weak demand for trucks affected EBIT
– in millions of € –



                                            - 637


        510


                       - Countermeasures
                       - Adjustment of provisions for the repositioning
                         of Daimler Trucks North America

                       - Lower unit sales
                       - Charges from the realignment of MFTBC             (127)

      EBIT                                                                 EBIT
     Q3 2008                                                              Q3 2009
                                                                                           26
Mercedes-Benz Vans

Break-even achieved due to countermeasures despite
significant market decline
– in millions of € –

                                        - 211



         212

                       - Countermeasures

                       - Significantly lower unit sales
                         in all major markets
                                                                  1



       EBIT                                                    EBIT
      Q3 2008                                                 Q3 2009
                                                                               27
Daimler Buses

Decrease in EBIT due to lower sales volume in major
markets
– in millions of € –

                                          - 69


          92

                       - Countermeasures

                       - Decrease in unit sales and less favorable
                         model mix
                                                                       23
                       - Exchange-rate effects




       EBIT                                                           EBIT
      Q3 2008                                                        Q3 2009
                                                                                     28
Daimler Financial Services

Financial Services affected by higher cost of risk
– in millions of € –



                                       - 72



         173

                       - Countermeasures
                                                                   101
                       - Higher cost of risk
                       - Cost of liquidity measures




       EBIT                                                      EBIT
      Q3 2008                                                   Q3 2009
                                                                                   29
Countermeasures to stabilize earnings and cash flow
                       Target                                                            Achieved by
                      FY 2009                                                              09/09
 Total EBIT impact:    €4 bn                                                               €3.5 bn

                                Safeguard positive net pricing
                                Earlier market launch of new E-Class sedan in the U.S.
   Net proceeds         20%                                                                 13%
                                Optimization of pricing potential of extras/packages
                                and fuel-efficiency features


                                Short-time work in production and other functions
  Personnel costs       40%     Reduced working time and labor costs at                     39%
                                Daimler AG


                                Achieving lower prices based on declining raw material
   Material costs       15%     market prices                                               12%
                                Accelerated implementation of module strategy


                                Cutting expenses and reducing spending
 Further overhead       25%     Prioritization of investment projects                       36%
                                Optimization of non-productive materials

                                                                                                       30
Special items affecting EBIT

– in millions of € –                                 3rd quarter       January to Sept.
                                                   2008      2009      2008       2009
Mercedes-Benz Cars
   Reassessment of residual values                 (449)       –       (449)        –
Daimler Trucks
   Realignment of Mitsubishi Fuso Truck and Bus
                                                    –          (13)      –        (217)
   Corporation
   Repositioning of Daimler Trucks North America    –          10        –         (48)
Reconciliation
   Sale of real estate                              –          –        449         –
   Transfer of shares in EADS                         (7)      –        130         –
   Equity-method result Chrysler                   (351)       –      (1,047)       –
   Other gains/(expenses) related to Chrysler       –          48      (168)      (299)
   New management model                             (61)       –       (169)        –
                                                                                          31
Key balance-sheet figures


 – in billions of € –   June 30, 2009   Sept. 30, 2009

 Daimler Group

    Equity ratio            23.3%           24.2%

    Gross liquidity         18.8            17.6

 Industrial business

    Equity ratio            39.8%           40.6%

    Net liquidity            4.6              6.7



                                                         32
Liquidity

– in millions of € –              June 30, 2009                  September 30, 2009

                        Group          IB           FS       Group        IB        FS

Cash and cash
                         13,928       9,432         4,496     11,498     8,688      2,810
equivalents
Marketable securities
                          4,888       3,954          934       6,143     4,559      1,584
and term deposits

Gross liquidity         18,816       13,386        5,430     17,641     13,247     4,394



Financing liabilities
                        (62,496)     (8,814)      (53,682)   (58,560)   (6,533)   (52,027)
(nominal)


Net liquidity           (43,680)      4,572       (48,252)   (40,919)    6,714    (47,633)


                                                                                             33
Financing liabilities (nominal)

                                                              thereof maturing in
                                         Sept. 30,    Q4       Q1          Q2        Q3
 – in billions of € –
                                          2009       2009     2010        2010      2010
 Bonds                                     29.6       1.4       2.9        3.5       0.2

 Bank loans                                14.2       3.2       1.0        1.2       0.9

 ABS                                        0.7       0.1       0.1        0.1       0.1

 Commercial paper                           0.4       0.4       0.0        0.0       0.0

 Account deposits                          12.6       5.2 *     3.7        0.6       0.3

 Other                                      1.0       0.1       0.1        0.1       0.1

 Total                                     58.6       9.3       7.8        5.3       1.6

 * Thereof €4.5 bn daily cash accounts

                                                                                           34
Funding status of pension and healthcare benefits

– in billions of € –            June 30, 2009   Sept. 30, 2009
Pension benefits
   Benefit obligations              (15.2)          (15.3)
   Plan assets                        9.9           10.4
   Funded status                     (5.3)           (4.9)
Healthcare benefits
   Benefit obligations               (1.0)           (1.0)
   Plan assets                        0.0             0.0
   Reimbursement Medicare Act         0.1             0.1
   Funded status                     (0.9)           (0.9)

                                                                 35
Research & development costs


                 Q2 2009                                           Q3 2009
              – in millions of € –                              – in millions of € –

 1,160         358
                                                   1,055         327
                           160        962
                                                                             158        886




 Total R&D    of which     Amorti- Recognized in   Total R&D    of which     Amorti- Recognized in
             capitalized   zation      P&L                     capitalized   zation      P&L
                                                                                                     36
Daimler Financial Services


Economic crisis is reflected by higher net credit
losses*


1.2%
1.0%
                                                                                                      0.82%**
0.8%            0.69%                     0.68%
0.6%                                                          0.50%                     0.53%
                                                                      0.43%   0.39%
0.4%
0.2%
0.0%
                 2003                  2004                  2005     2006    2007       2008       YTD 2009
* percent of global automotive portfolio, subject to credit risk
** annualized rate
                                                                                                                   37
Disclaimer
This document contains forward-looking statements that reflect our current views about future events. The words
“anticipate,” “assume,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “project,” “should” and similar
expressions are used to identify forward-looking statements. These statements are subject to many risks and
uncertainties, including a lack of or a considerable delay in improvement or a further deterioration of global
economic conditions; a continuation or worsening of the tense situation in the credit and financial markets, which
could result in ongoing high borrowing costs or limit our funding flexibility; changes in currency exchange rates and
interest rates; the introduction of competing, fuel-efficient products and the possible lack of acceptance of our
products or services, which may limit our ability to adequately utilize our production capacities or raise prices; price
increases in fuel, raw materials and precious metals; disruption of production due to shortages of materials, labor
strikes, or supplier insolvencies; a further decline in resale prices of used vehicles; the effective implementation of
cost-reduction and efficiency-optimization programs at all of our segments, including the repositioning of our truck
activities in the NAFTA region and in Asia; the business outlook of companies in which we hold an equity interest,
most notably EADS; changes in laws, regulations and government policies, particularly those relating to vehicle
emissions, fuel economy and safety; the resolution of pending governmental investigations and the outcome of
pending or threatened future legal proceedings; and other risks and uncertainties, some of which we describe under
the heading “Risk Report” in Daimler’s most recent Annual Report and under the headings “Risk Factors” and “Legal
Proceedings” in Daimler’s most recent Annual Report on Form 20-F filed with the Securities and Exchange
Commission. If any of these risks and uncertainties materialize, or if the assumptions underlying any of our forward-
looking statements prove incorrect, then our actual results may be materially different from those we express or
imply by such statements. We do not intend or assume any obligation to update these forward-looking statements.
Any forward-looking statement speaks only as of the date on which it is made.

                                                                                                                           38

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Q3 Earning report of Daimler AG

  • 1. Conference Call Q3 and January-September 2009 Results Bodo Uebber Member of the Board of Management Finance & Controlling and Daimler Financial Services October 27, 2009 Date (year-month-day) 1
  • 2. Automotive market slump in triad markets Passenger Cars Passenger Cars Trucks Trucks Vans Vans in millions of units in thousands of units in thousands of units Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 40 1200 2000 36.0 35.7 34.9 1,029 1800 1,719 35 1,618 1,652 1000 956 30.7 1600 1,496 30 -10% to -15% 822 6.0 1400 800 741 305 25 -32% to -37% 1200 162 7.4 344 20 600 -35% to -45% 1000 7.3 180 800 15 8.6 400 428 234 600 10 7.0 201 99 400 278 200 106 5 8.7 200 419 6.4 198 255 123 0 0 0 '05 '06 '07 '08 '09* '05 '06 '07 '08 '09* '05 '06 '07 '08 '09* *Q3 ’09 based on estimates *Q3 ’09 based on estimates *Q3 ’09 based on estimates 2
  • 3. Sales have stabilized – Group sales in thousands of units – Mercedes-Benz Cars Mercedes-Benz Cars Daimler Trucks Daimler Trucks 400 150 120 300 90 200 60 100 30 0 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2008 2009 2008 2009 Mercedes-Benz Vans Mercedes-Benz Vans Daimler Buses Daimler Buses 100 12 10 80 8 60 6 40 4 20 2 0 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2008 2009 2008 2009 3
  • 4. Key financials – in billions of € – Q1 2009 Q2 2009 Q3 2009 Revenue 18.7 19.6 19.3 EBIT (1.4) (1.0) 0.5 EBIT excluding special reporting items (1.4) (0.4) 0.4 Net profit (1.3) (1.1) 0.1 Free cash flow industrial business (1.1) 1.4 2.0 Net liquidity industrial business (period-end) 3.7 4.6 6.7 4
  • 5. Changes in net liquidity - industrial business – in billions of € – 2.0 6.7 1.4 (0.6) 4.6 Working capital 1.9 3.7 reduction +1.6 Sales, earnings 3.1 (1.1) Working capital and other reduction +2.5 cash flow Sales, earnings impact -0.2 and other Taxes leveraged cash flow leases +0.6 impact -1.1 Working capital reduction +1.3 Sales, earnings and other cash flow impact -2.4 Net liquidity Free cash Capital Net liquidity Free cash Dividend Net liquidity Free cash Net liquidity industrial flow increase industrial flow payment industrial flow industrial 12/31/2008 industrial 3/31/2009 industrial 6/30/2009 industrial 9/30/2009 business business business 5
  • 6. Mercedes-Benz Cars Turnaround achieved, back to positive figures in Q3 2009 – EBIT in millions of € – 1,000 500 355 112 0 -500 (359) (340) -1,000 (1,123) -1,500 Q3 Q4 Q1 Q2 Q3 2008 2009 6
  • 7. Mercedes-Benz Cars Model mix improved by launch of new E-Class and new-generation S-Class – Group sales in thousands of units* – 400 351 350 315 314 300 284 286 271 250 230 200 smart M-/R-/G-/GL-/GLK-Class 150 A-/B-Class C-Class 100 E-Class S-Class 50 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2008 2009 *Excluding Mitsubishi vehicles produced and/or sold in South Africa 7
  • 8. Mercedes-Benz Cars Product highlights E-Class station wagon Mercedes-Benz SLS AMG B-Class F-CELL New-generation S-Class 8
  • 9. Daimler Trucks Weak demand and repositioning in NAFTA and Asia impact earnings, but low point has been passed in Q2 – EBIT in millions of € – 600 510 400 200 86 0 -200 (142) (127) -400 -600 (508) Q3 Q4 Q1 Q2 Q3 2008 2009 9
  • 10. Daimler Trucks Incoming orders show signs of recovery in the truck business – Incoming orders in thousands of units – 140 122 120 112 102 100 80 73 75 60 56 40 Trucks Asia 40 Trucks NAFTA 20 Trucks EU/LA 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2008 2009 10
  • 11. Daimler Trucks Product highlights Mercedes-Benz Actros Safety Truck Freightliner Business Class M2 112 NG Freightliner Cascadia BlueTec Mitsubishi Fuso Canter Eco Hybrid 11
  • 12. Mercedes-Benz Vans Break-even achieved through countermeasures and slight market recovery – EBIT in millions of € – 300 212 200 158 100 1 0 (10) -100 (91) -200 Q3 Q4 Q1 Q2 Q3 2008 2009 12
  • 13. Mercedes-Benz Vans Product highlights Mercedes-Benz Sprinter BlueEFFICIENCY 13
  • 14. Daimler Buses Daimler Buses maintain profitability despite lower unit sales in major markets – EBIT in millions of € – 120 100 92 80 69 65 60 49 40 23 20 0 Q3 Q4 Q1 Q2 Q3 2008 2009 14
  • 15. Daimler Buses Product highlights Mercedes-Benz Citaro LÜ Setra TopClass 400 Orion VII Diesel-Electric Hybrid Mercedes-Benz Citaro FuelCELL-Hybrid 15
  • 16. Daimler Financial Services Financial Services portfolio decreases after its peak at the end of September 2008 – Contract volume in billions of € – 70 65 63.9 63.4 62.0 60.4 60.3 60 58.3 58.7 55 50 45 40 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2008 2009 16
  • 17. Daimler Financial Services Financial Services affected by higher cost of risk – EBIT in millions of € – 250 200 173 153 150 101 100 79 50 0 -50 -100 -150 -200 (167) Q3 Q4 Q1 Q2 Q3 2008 2009 17
  • 18. Further improvement in Group EBIT from ongoing business – in billions of € – Q1 2009 Q2 2009 Q3 2009 EBIT Daimler Group (as reported) (1.4) (1.0) 0.5 EBIT (excluding special reporting items) - Group (1.4) (0.4) 0.4 - Mercedes-Benz Cars (1.1) (0.3) 0.4 - Daimler Trucks (0.1) (0.3) (0.1) - Mercedes-Benz Vans (0.1) (0.0) 0.0 - Daimler Buses 0.1 0.0 0.0 - Daimler Financial Services (0.2) 0.1 0.1 18
  • 19. Daimler approaches short, medium & long term need for action Topics On-going Daimler Excellence Process • Brand management Shape and invest into • Green technology 3 strategic key areas • Product portfolio • BRIC • Capacity optimization Drive structural • Efficiency programs 2 competitiveness • Cooperations Manage • Cash flow measures 1 the crisis • Labor cost measures • Funding short medium long term 19
  • 20. Assumptions for automotive markets in 2009 Car markets • Worldwide market expected to contract by approximately 10% • China will be the only major market with increased volume Truck markets • Continued depressed demand for medium- and heavy-duty trucks globally • Western Europe -40% to -50% • NAFTA -30% to -40% • Japan -45% to -55% • Brazilian market shows first signs of recovery Van markets • Only slight improvement expected for the rest of the year Bus markets • City bus market expected to be stable in 2009 • Ongoing difficult market for coaches and chassis 20
  • 21. Outlook 2009 for Daimler unit sales Mercedes-Benz Cars • Q4 2009 unit sales expected to be above Q3 due to the new E-Class station wagon and full availability of the E-Class sedan Daimler Trucks • Q4 2009 unit sales expected to stay at the low level of Q3 Mercedes-Benz Vans • Q4 2009 unit sales expected to increase slightly compared to the previous quarters Daimler Buses • Q4 2009 unit sales expected to increase mainly due to higher deliveries in connection with major orders 21
  • 22. Outlook 2009 for EBIT Mercedes-Benz Cars • Q4 2009 EBIT expected to show a moderate improvement compared to Q3 • Results from ongoing business should benefit from higher unit sales and efficiency improvements Daimler Trucks • Weak demand in most important markets and less favorable regional mix will lead to lower earnings from ongoing business in Q4 • Business repositioning will lead to charges also in Q4 Mercedes-Benz Vans • The division will break even also in Q4 2009 Daimler Buses • Solid Q4 2009 EBIT expected Daimler Financial Services • Continuing positive earnings expected for Q4 2009 Daimler Group • The Group expects to achieve a positive EBIT from ongoing business in Q4 2009 • However, the Group is monitoring dealer and supplier risks which could impact Q4 earnings 22
  • 23. Conference Call Q3 and January-September 2009 Results Questions & Answers October 27, 2009 Date (year-month-day) 23
  • 24. Group EBIT in Q3 2009 – in millions of € – 913 (1,557) 648 Reassessment 403 (72) 105 470 of residual values 449 Chrysler 399 30 Cars (160) Cars 76 Cars (122) Trucks (1,066) Trucks (5) Trucks 437 Vans (266) Buses (34) Buses (65) Actual Special Volume/ Foreign Other Financial Others Actual Q3 2008 reporting Structure/ exchange cost Services Q3 2009 items Net pricing rates changes 24
  • 25. Mercedes-Benz Cars Positive effect from full availability of new E-Class and more favorable sales structure – in millions of € – + 243 355 - Full availability of new E-Class sedan and coupe - More favorable sales structure - Countermeasures 112 - Reassessment of residual values in Q3 2008 - Lower unit sales EBIT EBIT Q3 2008 Q3 2009 25
  • 26. Daimler Trucks Weak demand for trucks affected EBIT – in millions of € – - 637 510 - Countermeasures - Adjustment of provisions for the repositioning of Daimler Trucks North America - Lower unit sales - Charges from the realignment of MFTBC (127) EBIT EBIT Q3 2008 Q3 2009 26
  • 27. Mercedes-Benz Vans Break-even achieved due to countermeasures despite significant market decline – in millions of € – - 211 212 - Countermeasures - Significantly lower unit sales in all major markets 1 EBIT EBIT Q3 2008 Q3 2009 27
  • 28. Daimler Buses Decrease in EBIT due to lower sales volume in major markets – in millions of € – - 69 92 - Countermeasures - Decrease in unit sales and less favorable model mix 23 - Exchange-rate effects EBIT EBIT Q3 2008 Q3 2009 28
  • 29. Daimler Financial Services Financial Services affected by higher cost of risk – in millions of € – - 72 173 - Countermeasures 101 - Higher cost of risk - Cost of liquidity measures EBIT EBIT Q3 2008 Q3 2009 29
  • 30. Countermeasures to stabilize earnings and cash flow Target Achieved by FY 2009 09/09 Total EBIT impact: €4 bn €3.5 bn Safeguard positive net pricing Earlier market launch of new E-Class sedan in the U.S. Net proceeds 20% 13% Optimization of pricing potential of extras/packages and fuel-efficiency features Short-time work in production and other functions Personnel costs 40% Reduced working time and labor costs at 39% Daimler AG Achieving lower prices based on declining raw material Material costs 15% market prices 12% Accelerated implementation of module strategy Cutting expenses and reducing spending Further overhead 25% Prioritization of investment projects 36% Optimization of non-productive materials 30
  • 31. Special items affecting EBIT – in millions of € – 3rd quarter January to Sept. 2008 2009 2008 2009 Mercedes-Benz Cars Reassessment of residual values (449) – (449) – Daimler Trucks Realignment of Mitsubishi Fuso Truck and Bus – (13) – (217) Corporation Repositioning of Daimler Trucks North America – 10 – (48) Reconciliation Sale of real estate – – 449 – Transfer of shares in EADS (7) – 130 – Equity-method result Chrysler (351) – (1,047) – Other gains/(expenses) related to Chrysler – 48 (168) (299) New management model (61) – (169) – 31
  • 32. Key balance-sheet figures – in billions of € – June 30, 2009 Sept. 30, 2009 Daimler Group Equity ratio 23.3% 24.2% Gross liquidity 18.8 17.6 Industrial business Equity ratio 39.8% 40.6% Net liquidity 4.6 6.7 32
  • 33. Liquidity – in millions of € – June 30, 2009 September 30, 2009 Group IB FS Group IB FS Cash and cash 13,928 9,432 4,496 11,498 8,688 2,810 equivalents Marketable securities 4,888 3,954 934 6,143 4,559 1,584 and term deposits Gross liquidity 18,816 13,386 5,430 17,641 13,247 4,394 Financing liabilities (62,496) (8,814) (53,682) (58,560) (6,533) (52,027) (nominal) Net liquidity (43,680) 4,572 (48,252) (40,919) 6,714 (47,633) 33
  • 34. Financing liabilities (nominal) thereof maturing in Sept. 30, Q4 Q1 Q2 Q3 – in billions of € – 2009 2009 2010 2010 2010 Bonds 29.6 1.4 2.9 3.5 0.2 Bank loans 14.2 3.2 1.0 1.2 0.9 ABS 0.7 0.1 0.1 0.1 0.1 Commercial paper 0.4 0.4 0.0 0.0 0.0 Account deposits 12.6 5.2 * 3.7 0.6 0.3 Other 1.0 0.1 0.1 0.1 0.1 Total 58.6 9.3 7.8 5.3 1.6 * Thereof €4.5 bn daily cash accounts 34
  • 35. Funding status of pension and healthcare benefits – in billions of € – June 30, 2009 Sept. 30, 2009 Pension benefits Benefit obligations (15.2) (15.3) Plan assets 9.9 10.4 Funded status (5.3) (4.9) Healthcare benefits Benefit obligations (1.0) (1.0) Plan assets 0.0 0.0 Reimbursement Medicare Act 0.1 0.1 Funded status (0.9) (0.9) 35
  • 36. Research & development costs Q2 2009 Q3 2009 – in millions of € – – in millions of € – 1,160 358 1,055 327 160 962 158 886 Total R&D of which Amorti- Recognized in Total R&D of which Amorti- Recognized in capitalized zation P&L capitalized zation P&L 36
  • 37. Daimler Financial Services Economic crisis is reflected by higher net credit losses* 1.2% 1.0% 0.82%** 0.8% 0.69% 0.68% 0.6% 0.50% 0.53% 0.43% 0.39% 0.4% 0.2% 0.0% 2003 2004 2005 2006 2007 2008 YTD 2009 * percent of global automotive portfolio, subject to credit risk ** annualized rate 37
  • 38. Disclaimer This document contains forward-looking statements that reflect our current views about future events. The words “anticipate,” “assume,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “project,” “should” and similar expressions are used to identify forward-looking statements. These statements are subject to many risks and uncertainties, including a lack of or a considerable delay in improvement or a further deterioration of global economic conditions; a continuation or worsening of the tense situation in the credit and financial markets, which could result in ongoing high borrowing costs or limit our funding flexibility; changes in currency exchange rates and interest rates; the introduction of competing, fuel-efficient products and the possible lack of acceptance of our products or services, which may limit our ability to adequately utilize our production capacities or raise prices; price increases in fuel, raw materials and precious metals; disruption of production due to shortages of materials, labor strikes, or supplier insolvencies; a further decline in resale prices of used vehicles; the effective implementation of cost-reduction and efficiency-optimization programs at all of our segments, including the repositioning of our truck activities in the NAFTA region and in Asia; the business outlook of companies in which we hold an equity interest, most notably EADS; changes in laws, regulations and government policies, particularly those relating to vehicle emissions, fuel economy and safety; the resolution of pending governmental investigations and the outcome of pending or threatened future legal proceedings; and other risks and uncertainties, some of which we describe under the heading “Risk Report” in Daimler’s most recent Annual Report and under the headings “Risk Factors” and “Legal Proceedings” in Daimler’s most recent Annual Report on Form 20-F filed with the Securities and Exchange Commission. If any of these risks and uncertainties materialize, or if the assumptions underlying any of our forward- looking statements prove incorrect, then our actual results may be materially different from those we express or imply by such statements. We do not intend or assume any obligation to update these forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made. 38