Daimler’s 1Q Income, Truck Sales Jump
Daimler AG said Friday its first-quarter profit jumped on higher automobile and truck sales.
April 29, 2011Daimler Keeps 2011 Earnings Forecast; Cites Upturn in North American Truck Market
Daimler AG is holding to its forecast for improved earnings this year, and the company boosted its 2011 forecast for North American truck market growth, Bloomberg reported Wednesday.
April 13, 2011Daimler Raises North American Truck Sales Estimate
LOUISVILLE, Ky. — Daimler Trucks raised its estimate for 2011 industrywide sales of Class 6-8 trucks in North America to a gain of 30% to 35% over last year, to 286,000 trucks, company executives said.
March 31, 2011Daimler Forecasts Continued Strong Truck Demand for 2011
Daimler AG booked more truck orders than anticipated in the first two months of this year, underscoring its forecast of “significant” market growth in 2011, Bloomberg reported Friday.
March 18, 2011Daimler Plans Indian Truck Brand
Daimler AG will begin selling a new brand of trucks in India next year, challenging former partner Tata Motors Ltd. as economic growth and new highways spur demand in that country, Bloomberg reported Thursday.
February 17, 2011Daimler Posts 4Q Profit as Global, North American Truck Sales Improve
Daimler AG said its fourth-quarter truck operations were profitable compared with a loss a year ago, as worldwide truck sales jumped 41%.
February 16, 2011Daimler Boosts Stake in Mitsubishi Fuso
Daimler AG boosted its stake in Mitsubishi Fuso Truck & Bus Corp. by about $360 million, to benefit from a recovery in global demand for commercial vehicles, Bloomberg reported Tuesday.
January 11, 2011Daimler Sees Higher Worldwide Truck Sales
Daimler AG’s truck unit’s return on sales could average as high as 8% in the next three years as worldwide markets rebound, the company said Tuesday.
November 30, 2010Daimler Posts 3Q Profit; Truck Sales Jump 44%
Daimler AG said its third-quarter worldwide truck sales jumped 44% from a year ago and that its truck unit would post a profit before interest and taxes of more than $1.5 billion for the full year.
October 28, 2010Scania’s Third-Quarter Profit Jumps
Swedish truck maker Scania AB’s third-quarter profit jumped eightfold as demand for heavy trucks increased, Bloomberg reported.
October 25, 2010