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During the unveiling of the new Cascadia, Freightliner's e-Coast feature was demonstrated, in which the transmission goes to neutral and RPMs fall to idle to retain road speed. (Video by Neil Abt/Transport Topics)

The glitzy grand entrance of Daimler Trucks North American President Martin Daum as Freightliner unveiled its new Cascadia Sept. 1, 2016. (Video by Neil Abt/Transport Topics)

YOUNTVILLE, Calif. — Daimler Trucks North America announced its Detroit-branded DD5 medium-duty engine will officially hit the market later this year in the Freightliner M2 106 truck model.

Daimler AG, the world’s largest truck manufacturer, reported that second-quarter net profit rose 3% to $2.64 billion — or $2.50 per diluted share — powered by sales of cars and vans even as U.S. orders for medium- and heavy-duty trucks plunged.

Daimler AG rose the most in three weeks after the company solidified its lead in the luxury-car market and said it is confident of reaching this year’s underlying profit goals, despite more than 1 billion euros ($1.1 billion) in one-time costs in the second quarter.

Daimler AG and other truck makers are fighting to delay new emissions standards in Mexico as the government struggles to control the worst smog in the capital city in 14 years.

Daimler AG’s trucks division, seeking to recover from a profit warning last month, aims to boost future earnings with a plan to cut costs by sharing more engines, axles and other components across units in North America, Europe and Asia.

Daimler Trucks North America on May 23 announced its intention to exhibit at the first-ever North American Commercial Vehicle Show in Atlanta in September 2017.