Daimler Second-Quarter Revenue Increases, Profits Flat; Truck Unit Sputters
Daimler AG reported higher revenue and flat profits during the second quarter, with a strong performance from its Mercedes-Benz car division but sputtering results from the global truck unit.
Daimler Paves Way to Potential Spinoffs With Separation Plan
Daimler AG, battered by allegations it colluded with other German carmakers for decades, is studying a legal separation of its businesses, including cars, trucks, vans and financial services, in a move that could pave the way for future spinoffs
Wabco Extends Contract With Daimler Trucks for Heavy-Duty AMTs
Wabco Holdings Inc. has extended its long-term supply agreement with the company for new heavy-duty automated manual transmission control technology to support the truck maker’s series production mainly in Europe, North America, Japan and South America.
June 26, 2017New Daimler Trucks CEO on the Company's Future in Portland, Autonomous Vehicles
Less than a decade ago, Portland, Ore.-based Freightliner appeared to have one foot out the door. The storied maker of big rigs changed its name to Daimler Trucks North America, then announced it would move hundreds of headquarters jobs to North Carolina.
Daimler's First-Quarter Profits Double, but Trucks Not a Big Factor
First-quarter business rose and profits doubled for German manufacturer Daimler AG, but new truck sales were generally not part of the equation, and especially not in North America, the company reported April 26.
2017 Mid-America Trucking Show
Daimler Preview Says First Quarter Operating Profit to Rise 86.6%
Global truck- and carmaker Daimler AG said its first-quarter earnings will be significantly better than during the same three-month period in 2016.
April 12, 2017Daimler AG Names Martin Daum to Head Global Truck and Bus Unit
Daimler AG promoted Martin Daum to head of Daimler’s global truck and bus divisions effective March 1. Daum had been CEO of Daimler Trucks North America, a position he assumed in 2009.
February 27, 2017Daimler Gains on Car, Bus Lines, But Truck-Making Lags
Daimler AG had a strongly profitable fourth quarter to top off a year of modest improvements, but the growth came from the sale of Mercedes-Benz cars and buses, while the global truck division reported double-digit contractions in operating profit and revenue for both the quarter and the year.
Daimler Enhances Dealer Network in Mexico, Claims Market Lead
PUERTO VALLARTA, Mexico — Daimler Trucks Mexico and its dealers are working to streamline customer service in a bid to drive sales growth in a market where the average truck is more than 17 years old.