The truck maker posted net income of $676.6 million, or diluted earnings per share of 83 cents, in Q3, down 35% from $1.033 billion, or $1.22, in the year-ago period.
November 7, 2024Business, Technology, Equipment
Daimler Truck Q3 Profit Plunges 35% Even as DTNA Sales Gain
Business, Equipment, TCA
Daimler Truck Says It’s Reviewing China Operations
BERLIN — German commercial vehicle manufacturer Daimler Truck has announced it is reassessing the future of its operations in China.
October 30, 2024Business, Technology
Daimler Truck, Volvo Teaming Up on New Truck OS Platform
The venture aims to develop a centralized operating system that could accelerate industry innovation by separating software from hardware development cycles.
October 28, 2024Government, Business, Equipment, Safety
Jury Rules Against Daimler in $160 Million Liability Verdict
An Alabama state jury has issued a $160 million verdict against DTNA in a product liability case involving a driver who became quadriplegic after a 2022 rollover accident.
September 17, 2024Government, Business
Daimler Execs Call on Governments to Act on Infrastructure
HANOVER, Germany — Daimler Truck leaders are calling on governments to help advance the buildout of EV charging infrastructure, saying it is the missing piece for fleets to adopt the technology.
September 16, 2024Business, Technology, Equipment
Daimler Truck Reports 4% Revenue Decline in Q2
The German truck manufacturer posted a net profit of $860 million, or $1.01 per share, for the three months ending June 30.
August 7, 2024Business, Equipment
Daimler Truck Cuts Outlook on Weaker Demand in Europe, Asia
Daimler Truck Holding AG lowered its outlook for 2024, following other truck makers that have trimmed forecasts on softening sales as demand in Europe and Asia weakens.
August 1, 2024Business, Technology
Daimler Truck Advances Battery-Electric Ambitions in Germany
Daimler Truck’s battery-electric vehicle ambitions took another step forward as the world’s largest truck maker opened a center devoted to developing battery expertise in Germany.
July 25, 2024Government, Business, Technology
Construction Begins on Truck Battery Cell Manufacturing Plant
Construction of Amplify Cell Technologies’ battery cell manufacturing plant in Marshall County, Miss., has begun, the joint venture among Accelera, Daimler Trucks and Paccar said.
July 10, 2024Business, Technology, Equipment, Fuel
Cellcentric Begins Pilot Hydrogen Fuel Cell Production in Germany
Cellcentric began pilot production of hydrogen fuel cells June 20 at its Esslingen plant in Germany, the joint venture between Daimler Truck and Volvo Group said.
June 24, 2024