daimler News Updates

Business

Daimler Expects $2.71 Billion 2Q Profit

Daimler AG said Friday it expects to announce a second-quarter profit of 2.1 billion euros ($2.71 billion), due in part to improved results in its truck business.

July 16, 2010
Business

Daimler Signs Agreement with Chinese Truck Maker

Daimler AG signed an agreement with Beiqi Foton Motor Co. on Friday to set up a 6.35 billion yuan ($940 million) venture to make medium and heavy duty trucks in Beijing, as the two seek to boost sales in China, Bloomberg reported.

July 16, 2010
Business

Daimler, Unions Set Three-Year Pact at Portland Truck Plant

Daimler Trucks North America said it has reached new three-year collective bargaining agreements covering union workers at its truck plant in Portland, Ore.

July 7, 2010
Business

Daimler Boosting Production at N.C. Truck Plants

Daimler Trucks North America said Wednesday it will ramp up production next month at two North Carolina truck factories and a third logistics plant, recalling about 540 workers to the facilities.

June 30, 2010
Business

Daimler to End NYSE Listing

Daimler AG will end its listing on the New York Stock Exchange, citing low trading volumes, Bloomberg reported Friday.

May 14, 2010
Business

Daimler Trucks in Labor Pact With Workers at Three N.C. Truck Plants

Daimler Trucks North America won a new series of three-year labor contracts covering three North Carolina truck plants making heavy- and medium-duty Freightliners and parts for the trucks.

April 26, 2010
Business

Daimler, UAW Agree to Contracts for Three U.S. Plants

Daimler Trucks North America announced new three-year collective bargaining agreements with the United Auto Workers for three of its U.S. manufacturing plants in North Carolina.

April 19, 2010
Business

Daimler Sees 10 MPG by 2020 as OEMs Focus on Fuel Mileage

LOUISVILLE, Ky. — Fuel consumption of heavy-duty trucks should improve by more than 40% to 10 miles per gallon by 2020, the CEO of Daimler Trucks North America said last week, as truck and engine makers made fuel economy a central theme at the Mid-America Trucking Show here.

April 5, 2010
Business

Daimler Plans Product Blitz, Renschler Says

LOUISVILLE, Ky. — Daimler Trucks chief Andreas Renschler said Thursday that his company is readying the largest introduction of new vehicles in its history.

March 25, 2010