daimler News Updates

Business

Daimler Targets Growth in European Mercedes-Benz Truck Sales

Daimler AG plans to sell 20% more Mercedes-Benz trucks this year in the European market, boosted by demand for a revamped version of the long-haul Actros model, Bloomberg reported.

June 22, 2011
Business

Daimler to Boost North American Truck Production, Hire 1,400 Workers

Daimler Trucks North America said Thursday it plans to sharply increase production and hire about 1,400 new workers at three truck plants, to meet higher demand.

June 10, 2011
Business

Daimler’s 1Q Income, Truck Sales Jump

Daimler AG said Friday its first-quarter profit jumped on higher automobile and truck sales.

April 29, 2011
Business

Daimler Keeps 2011 Earnings Forecast; Cites Upturn in North American Truck Market

Daimler AG is holding to its forecast for improved earnings this year, and the company boosted its 2011 forecast for North American truck market growth, Bloomberg reported Wednesday.

April 13, 2011
Business

Daimler Raises North American Truck Sales Estimate

LOUISVILLE, Ky. — Daimler Trucks raised its estimate for 2011 industrywide sales of Class 6-8 trucks in North America to a gain of 30% to 35% over last year, to 286,000 trucks, company executives said.

March 31, 2011
Business

Daimler Forecasts Continued Strong Truck Demand for 2011

Daimler AG booked more truck orders than anticipated in the first two months of this year, underscoring its forecast of “significant” market growth in 2011, Bloomberg reported Friday.

March 18, 2011
Business

Daimler Plans Indian Truck Brand

Daimler AG will begin selling a new brand of trucks in India next year, challenging former partner Tata Motors Ltd. as economic growth and new highways spur demand in that country, Bloomberg reported Thursday.

February 17, 2011
Business

Daimler Posts 4Q Profit as Global, North American Truck Sales Improve

Daimler AG said its fourth-quarter truck operations were profitable compared with a loss a year ago, as worldwide truck sales jumped 41%.

February 16, 2011
Business

Daimler Boosts Stake in Mitsubishi Fuso

Daimler AG boosted its stake in Mitsubishi Fuso Truck & Bus Corp. by about $360 million, to benefit from a recovery in global demand for commercial vehicles, Bloomberg reported Tuesday.

January 11, 2011
Business

Daimler Sees Higher Worldwide Truck Sales

Daimler AG’s truck unit’s return on sales could average as high as 8% in the next three years as worldwide markets rebound, the company said Tuesday.

November 30, 2010