The software platform will enable Daimler Truck, Volvo Group and potential customers of the joint venture to offer independent and digital vehicle functions for their products, the companies said. Customers will be able to add and update digital applications remotely, potentially reducing downtime and simplifying maintenance.   

The truck maker posted net income of $676.6 million, or diluted earnings per share of 83 cents, in Q3, down 35% from $1.033 billion, or $1.22, in the year-ago period.

Daimler Truck announced that Karin Rådström will take over as CEO on Oct. 1, replacing company veteran Martin Daum.

Daimler Truck North America CEO John O’Leary says the scarcity of charging infrastructure continues to constrain the pace of the industry's adoption of battery-electric trucks.

Volvo Group and Daimler Truck have announced a preliminary agreement on a joint venture under which they would co-develop a common vehicle technology platform.

Freightliner eCascadia-based tractor equipped with Torc Robotics self driving software will execute runs between Laredo and Dallas in Texas first. Daimler Truck intends to start serial production of autonomous trucks, albeit with conventional engines, in 2027. By Keiron Greenhalgh

Daimler Truck recently took another step toward commercializing its prototype longhaul liquid hydrogen-fueled trucks.

BERLIN — Daimler Truck demonstrated the potential for a fuel cell-powered truck by completing an approximately 650-mile run with its Mercedes-Benz GenH2 cabover model in its native Germany.

Jochen Goetz, the chief financial officer of Daimler Truck who is credited with its successful spinoff from the automotive giant that makes the Mercedes-Benz, died Aug. 5 at the age of 52.

Chinese billionaire Li Shufu’s Zhejiang Geely Holding Group Co. has divested its 6.3% stake in truck maker Daimler Truck Holding AG, equivalent to roughly $1.6 billion.