Daimler_Trucks

Daimler Truck

Daimler Truck

German commercial vehicle manufacturer


Daimler Truck AG (holding company legal name Daimler Truck Holding AG) is the world's largest commercial vehicle manufacturer, with over 35 main locations worldwide and approximately 100,000 employees.[2] Daimler Truck AG is headquartered in Leinfelden-Echterdingen, Germany. It was a part of Daimler AG from November 2019 to December 2021.[1]

Quick Facts Company type, Traded as ...

History

Daimler Truck was established in 2019 as a subsidiary of Daimler AG. In February 2021, Daimler announced its planned to spin off Daimler Truck into a separate listed company.[3][4] The spin-off was approved by its shareholders on 1 October 2021.[5] Following this, Daimler Truck Holding AG was incorporated to manage assets owned by Daimler Truck AG, and Daimler AG retained 35% of shares in the new company, with 5% being transferred to its pension trust.[6] A separate website for the Daimler Truck company was launched on December 1,[7] and the company went public on 10 December.[8]

Brands

  • Mercedes-Benz - light, medium and heavy trucks, buses
  • Freightliner - medium and heavy trucks, vans
  • Western Star - heavy trucks
  • Fuso - light, medium and heavy trucks, buses
  • Thomas Built Buses - school buses
  • Setra - buses
  • BharatBenz - medium and heavy trucks, buses (brand in India)
  • Detroit Diesel - medium and heavy-duty powertrain
  • TruckStore - used vehicles, financing, leasing, rental, warranty and service contracts, and buyback
  • Fleetboard - telematics and connectivity
  • Rizon - electric medium-duty trucks

Finances

Of the Daimler Group's total workforce of 298,683 at the end of 2018 (2017: 289,321), 82,953 (2016: 79,483) worked at the Daimler Trucks division, of which 30,447 (2017: 30,424) were employed in Germany and 16,647 in the U.S. (2017: 15,002). In 2019, revenue amounted to €40.2 billion at Daimler Trucks and €4.7 billion at Daimler Buses.[9] Daimler Buses is a leading brand in its core markets of Europe, Mexico, Brazil, and Argentina, selling 30,888 vehicles worldwide in 2019.[10]

In 2018, the most important sales market was the NAFTA countries with 37% followed by Asia with 32%, Western Europe (EU plus Norway and Switzerland) with 17%, and Latin America (excluding the NAFTA country of Mexico) with 7%.[11]

Locations

Daimler Truck has a worldwide network of production plants and research centers. The following list is a description of all locations worldwide that include a Daimler Truck plant, including plants for the subsidiaries EvoBus, Daimler Trucks North America, Detroit Diesel, Freightliner Trucks, and Mitsubishi Fuso Truck and Bus Corporation.[12]

More information City, Country ...
  1. As of December 2013

References

  1. "Anzahl verkaufter Lastkraftwagen weltweit nach Hersteller im Jahr 2019". 2023-12-19.
  2. Carey, Nick (3 February 2021). "Daimler to spin off truck unit, sharpen investor focus on Mercedes-Benz". Reuters. Retrieved 4 February 2021.
  3. "Automaker Daimler to spin off trucks business, change name". Yahoo Finance Canada. 3 February 2021. Archived from the original on 7 February 2021. Retrieved 4 February 2021.
  4. tagesschau.de. "Daimler besteht künftig aus zwei unabhängigen Teilen". tagesschau.de (in German). Retrieved 2021-10-03.
  5. "Questions and answers to the spin-off Daimler Truck". DaimlerTruck.com. Retrieved 2022-01-08.
  6. "Following the Split-Off: New Daimler Truck Media Site". DaimlerTruck.com. 2021-12-01. Retrieved 2022-01-08.
  7. "Daimler Truck launched on stock exchange as an independent company". DaimlerTruck.com. 2021-12-10. Retrieved 2022-01-08.
  8. "Daimler teilt sich auf - omnibus.news" (in German). Retrieved 2021-10-03.
  9. AG, Daimler Truck. "Marken Daimler Buses | Daimler Truck AG". Daimler Truck AG (in German). Archived from the original on 2021-10-03. Retrieved 2021-10-03.
  10. Baranouski, Artsiom (2023-04-07). "The Benefits&Drawbacks of Choosing Daimler Trucks for Your Business". Medium. Retrieved 2023-04-10.
  11. "Mercedes-Benz – Corporativo". AutobusesMercedesBenz.com.mx. Archived from the original on 24 June 2017. Retrieved 2 June 2017.

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