daimler News Updates

Business

DTNA Sued for $9.5 Million in Discrimination Complaint

Two current and two former African-American employees of Daimler Trucks North America have filed a $9.5 million suit against the truck maker, saying they suffered job discrimination, threats of violence and harassment.

February 25, 2015
Business

Daimler Trucks Chief Sees Continued ‘Risks’ in Emerging Markets

Wolfgang Bernhard, head of Daimler AG’s global truck unit, said he does not expect demand for trucks in emerging markets to recover in 2015, Reuters reported.

December 29, 2014
Business

Daimler Raises Provision for European Union Dispute by $739 Million

Daimler AG, the world’s biggest truck maker, will increase provisions for a possible European Union antitrust fine by 600 million euros ($739 million) following a preliminary ruling by the regulator.

December 18, 2014
Business

Class 8 Sales to Yield Record For Daimler Financial Unit

Executives at Daimler Financial Services said they expect the company to report record results in 2014 on surging sales of commercial trucks in the United States.

November 24, 2014
Business

Daimler’s Revenue Rises in Third Quarter

German auto and truck maker Daimler AG reported a 10% increase in third-quarter revenue, and net profit increased as vehicle sales climbed 7% from last year.

October 23, 2014
Business

Daimler Unveils Design of Future Truck 2025

HANOVER, Germany — Daimler Trucks peeled back the camouflage from the Future Truck 2025 it first unveiled in July, revealing what its global chief called not just a vehicle, but “a great work of art.â€

September 23, 2014
Business

Daimler Says Investments During Recession Resulting in Higher Vocational-Market Sales

Daimler Trucks North America said it’s reaping returns in sales of heavy- and medium-duty vocational trucks based on investments that started during the depths of the recession.

August 4, 2014
Business

Daimler, Volvo Truck Units’ 2Q Profits Up, Led by Growth in North American Market

The truck divisions of Daimler AG and Volvo AB reported stronger financial results for the second quarter, driven in large part by growth in the North American market.

July 28, 2014
Business

Daimler’s Revenue Rises in 2Q, Income Drops

German truck and auto maker Daimler AG reported a 6% increase in second-quarter revenue, but net profit declined after a large gain last year from the sale of its stake in Airbus’s parent company.

July 23, 2014