daimler News Updates

Business

Daimler鈥檚 Global Investments Fend Off Rivals Such as VW-Scania-MAN, Renschler Says

Daimler AG鈥檚 truck division, the world鈥檚 biggest truck maker, said spending on a global presence will help it fend off competition from a manufacturing alliance Volkswagen AG is forming with Scania AB and MAN SE.

July 2, 2012
Business

Daimler鈥檚 Detroit Unit Unveils Upgrades to 2013 Heavy-Duty Truck Engine Line

DETROIT 鈥 Detroit Diesel Corp. announced a series of enhancements to its 2013 Detroit heavy-duty truck engines that are designed to improve their fuel efficiency and reduce the cost of running and maintaining them.

July 2, 2012
Business

Natural Gas Engines a Niche Product, Daum Says, and Daimler Has No Plans to Make Them

OXON HILL, Md. 鈥 Expressing some skepticism about the near-term strength of the market for natural-gas engines in heavy-duty trucks, Daimler Trucks鈥 chief U.S. executive said the truck maker will continue using Cummins Inc. engines rather than developing its own natural-gas power plants. 聽 聽

June 4, 2012
Business

Daimler Says New Cascadia Tops 9 MPG in Road Trials

OXON HILL, Md. 鈥 Daimler Trucks North America unveiled what will become its primary over-the-road heavy-duty tractor next year and said the new model 鈥 named the Cascadia Evolution 鈥 will be about 7% more fuel-efficient than its 2010 model.

June 4, 2012
Business

Daimler Unveils 2014 Freightliner Cascadia; Hosts LaHood

OXON HILL, Md. 鈥 Daimler Trucks North America showed off its new version of the Freightliner Cascadia that meets January 2014 federal greenhouse gas standards, touting its commitment to fuel economy while hosting Transportation Secretary Ray LaHood.

May 30, 2012
Business, Government

Daimler Bets Big on India鈥檚 Booming Truck, Bus Market

CHENNAI, India 鈥 The world鈥檚 largest commercial vehicle maker, Daimler AG, is making one of its biggest-ever bets by pouring $850 million into production and sales operations here, in what is now the world鈥檚 fastest-growing market for trucks and buses.

May 14, 2012
Business

Western Star Aims to Boost Market Share With New 4700; Another Model to Come

LAS VEGAS 鈥 Executives at Western Star Trucks, Daimler AG鈥檚 North American niche brand, want to boost U.S. heavy-duty market share toward the 3% level from its current neighborhood of 1.2%, hoping that its new 4700 and another model to come will increase sales toward that level.

May 14, 2012
Business

Daimler鈥檚 First-Quarter Truck Sales Rise

Daimler AG said Friday its trucks division posted a 21% jump in first-quarter sales to 107,700 vehicles, as demand in North America and Asia more than made up for declines in Europe and Latin America.

April 27, 2012
Business

Daimler Boosts Stake in Russian Truck Maker

Daimler AG plans to increase its stake in Russia鈥檚 largest truck maker as part of its target of a 64% rise in truck sales by the end of the decade, Bloomberg reported Monday.

March 19, 2012
Special Coverage, Business

Daimler Says Layoffs to Be 鈥楽ignificantly Lower鈥 Than Previously Announced

NASHVILLE, Tenn. 鈥 Martin Daum, president of Daimler Trucks North America, said the company鈥檚 previously announced layoffs at its production facilities will be 鈥渟ignificantly lower鈥 than the 1,300 jobs it had projected earlier this year.

March 14, 2012