Daimler AG officials said its trucks division is focused on boosting its vehicle sales, profit and market share this year on higher truck orders and expansion in emerging markets including Brazil, Bloomberg News reported Wednesday.
March 13, 2013Special CoverageBusiness
Daimler’s Daum Sees Stable Year for Truck Sales
LOUISVILLE, Ky. — Industrywide truck sales will be relatively flat this year compared with last year, the head of Daimler Trucks North America said in an interview here.
March 22, 2013Business
Daimler’s Daum Projects Sales Pickup
NASHVILLE, Tenn. — The CEO of Daimler Trucks North America said he expects North American truck sales to ramp up by the end of 2013, after a slow start to the year.
March 18, 2013Business
Daimler Says Layoffs to Be ‘Significantly Lower’ Than Previously Announced
NASHVILLE, Tenn. — Martin Daum, president of Daimler Trucks North America, said the company’s previously announced layoffs at its production facilities will be “significantly lower†than the 1,300 jobs it had projected earlier this year.
March 12, 2013Business
Daimler Seeks to Boost Market Share, Says 2013 Shaping Up as Expected
LOS CABOS, Mexico — The chief salesman for North America’s largest truck manufacturer said 2013 thus far has been “pretty much exactly what we predicted†when company officials created their business projections last year.
March 4, 2013Business
Bernhard to Replace Renschler as Daimler Global Truck Chief
Daimler AG last week shook up the top management of its global truck and car manufacturing units, moving Andreas Renschler to take over auto production from Wolfgang Bernhard and switching Bernhard to the truck unit.
February 25, 2013Business
Daimler Appoints Bernhard to Succeed Renschler as Head of Trucks Unit
Daimler AG said Thursday that Wolfgang Bernhard will become the new head of Daimler Trucks, effective April 1, succeeding Andreas Renschler, who will move to the company’s Mercedez-Benz auto unit.
February 21, 2013Business
Daimler, Volvo Profits Fall During Lackluster 4th Qtr.
Daimler AG said its global heavy-truck profit fell 29% in the fourth quarter, and Volvo AB said worldwide earnings in the unit including trucks fell 82%. Both truck makers also offered cautious outlooks for North America and around the globe.
February 11, 2013Business
Daimler’s 4Q Truck Sales Fall; Full-Year Sales Improve
Daimler AG said Thursday its truck unit’s earnings and revenue fell in the fourth quarter, but sales rose 9% last year, boosted by growth in North America and Asia.
February 7, 2013Business
Daimler Says it May Cut 1,300 Plant Workers, as Volvo, Mack Begin Reductions in Force
Daimler Trucks North America said it may lay off as many as 1,300 factory workers over the next few months across its facilities.
February 4, 2013