Daimler Truck

Daimler Truck AG is one of the world's largest commercial vehicle manufacturers, with over 35 main locations worldwide and approximately 100,000 employees. Daimler Truck AG is headquartered in Leinfelden-Echterdingen, Germany and has been a wholly owned subsidiary of Daimler AG since November 1, 2019. In February 2021, Daimler said it plans to rename itself adopting the name of its flagship marque, Mercedes-Benz, and spin off Daimler Truck, into a separate listed company.[1][2] This move was approved by its shareholders in October 2021.[3]

Daimler Truck AG
TypePublic
IndustryAutomotive
PredecessorDaimler AG heavy commercial vehicle operations
Founded1 November 2019 (2019-11-01)
Stuttgart
HeadquartersLeinfelden-Echterdingen, Germany
Key people
Martin Daum
(Chairman)
Productstrucks, buses
Revenue€44.9 billion (2019)
Number of employees
100,000 (2019)
Websitewww.daimler-truck.com/de/

In addition to Mercedes-Benz trucks, Freightliner, Western Star, BharatBenz, Thomas Built Buses and Mitsubishi Fuso brands belong to the Daimler Trucks. In 2018, the most important sales market was the NAFTA countries with 37% followed by Asia with 32%, Western Europe (EU plus Norway and Switzerland) with 17%, and Latin America (excluding the NAFTA country of Mexico) with 7%.[4]

In 2018, the Daimler Buses division of Daimler Truck maintained market leadership in its core markets of Europe, Mexico, Brazil, and Argentina, selling 30,888 vehicles worldwide. In addition to Mercedes-Benz buses, Daimler Buses includes BharatBenz Buses, Mitsubishi Fuso Buses, and Setra.[5]

Brands

Finances

Of the Daimler Group's total workforce of 298,683 at the end of 2018 (2017: 289,321), 82,953 (2016: 79,483) worked at the Daimler Trucks division, of which 30,447 (2017: 30,424) were employed in Germany and 16,647 in the U.S. (2017: 15,002). In 2019, revenue amounted to €40.2 billion at Daimler Trucks and €4.7 billion at Daimler Buses.[6]

Locations


The Daimler Trucks and Daimler Buses locations worldwide or their subsidiaries are located in Germany, Turkey, Colombia, France, Portugal, the United States, Spain, Mexico, Brazil, Japan, South Africa and India.[7]

Daimler Buses

Argentina

Brazil

Colombia

Czechia

France

Germany

India

Indonesia

Mexico

South Africa

Spain

  • Sámano

Turkey

Daimler Truck

Argentina

Brazil

France

Germany

India

Japan

Mexico

Portugal

Russia

United States

    Turkey

    References
    1. Carey, Nick (3 February 2021). "Daimler to spin off truck unit, sharpen investor focus on Mercedes-Benz". Reuters. Retrieved 4 February 2021.
    2. "Automaker Daimler to spin off trucks business, change name". Yahoo Finance Canada. 3 February 2021. Archived from the original on 7 February 2021. Retrieved 4 February 2021.
    3. tagesschau.de. "Daimler besteht künftig aus zwei unabhängigen Teilen". tagesschau.de (in German). Retrieved 2021-10-03.
    4. "Daimler Trucks: Rekordjahr 2018 mit Höchstwerten bei Absatz, Umsatz und Ertrag - Absatzplus für 2019 erwartet". marsMediaSite (in German). Retrieved 2021-10-03.
    5. AG, Daimler Truck. "Marken Daimler Buses | Daimler Truck AG". Daimler Truck AG (in German). Retrieved 2021-10-03.
    6. "Daimler teilt sich auf - omnibus.news" (in German). Retrieved 2021-10-03.
    7. AG, Daimler Truck. "Daimler Trucks & Daimler Buses Standorte | Daimler Truck AG". Daimler Truck AG (in German). Retrieved 2021-10-03.
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