Aeva to supply sensors to Daimler Truck in $1 billion deal
By Stephen Nellis SAN FRANCISCO (Reuters) – Aeva Technologies on Tuesday said that it has reached a $1 billion deal with Germany’s Daimler Truck to supply sensors for self-driving trucks that are…
Daimler Truck raises 2023 guidance for revenue, profit
BERLIN (Reuters) -Daimler Truck has raised its profit and revenue guidance due to an easing of supply chain constraints, stronger demand in its core markets and the after-sales business, the company said…
Daimler Truck sees multi-million euros in storm damage at plant
(Reuters) – A severe storm that hit a Mercedes-Benz plant in the central German city of Kassel last week is estimated to have caused damage in the mid-double-digit-million euro range, said Daimler…
Daimler CEO: Toyota truck deal will make us less dependent on Chinese market
HAMBURG (Reuters) – A deal between Daimler Truck and Toyota Motor Corp to combine their truck units in Japan will give the German group a more “balanced” market position in Asia and…
Daimler Truck Q1 operating profit beats estimate
FRANKFURT (Reuters) – Daimler Truck on Monday said its first-quarter results came in above market expectations, boosted by what it said was strong demand and an increase in unit sales. Preliminary first-quarter…
Stellantis, Daimler Truck agree with Mexico union on pay raise of about 9%
MEXICO CITY (Reuters) – Automakers Stellantis and a Mexican unit of Daimler Truck have reached deals with one of Mexico’s biggest unions to raise wages this year around 9%, labor authorities said…
Geely Chair Li Shufu sells his stake in Daimler Truck
BERLIN (Reuters) – Tenaciou3 Prospect Investment has sold its entire stake in Daimler Truck, a Daimler Truck spokesperson said on Friday. “We can confirm that … investor Tenaciou3 Prospect Investment Ltd has…
Kevin Binder to become CFO of Daimler Greater China Ltd
BERLIN (Reuters) – Mercedes-Benz Group said on Thursday that Kevin Binder, currently head of Finance & Controlling Mercedes-Benz Vans, will become chief financial officer of Daimler Greater China Ltd. on May 1,…
Daimler Truck raises FY outlook on stronger than expected Q3
BERLIN (Reuters) – Daimler Truck on Wednesday slightly raised its full-year earnings forecast after reporting better-than-expected results in the third quarter thanks to a jump in unit sales, higher prices and strong…
Daimler Truck begins producing Mercedes-Benz branded trucks in China
BERLIN (Reuters) – Daimler Truck has begun producing Mercedes-Benz branded trucks in China, with the first vehicles rolling off production lines at its joint plant with China’s Foton Motor Co in Beijing…
Daimler Smart Car Driver Killed in Crash After Crossing Double Yellow, Police
BALTIMORE, MD – The Baltimore County Police are investigating a fatal accident that took place on Thursday at 6:15 p.m. Police reported a 2009 Daimler Smart car was traveling northbound on York…
Daimler Truck cuts production at some locations over chip shortage
FRANKFURT – Daimler Truck, the world’s largest truckmaker, on Monday said it was curbing production at some of its German factories due to a shortage of critical semiconductors. The company, which was…
Daimler Truck sees electric trucks costs staying high, FT says
(Reuters) – The chief executive of Daimler Truck said electric truck costs would “forever be higher” than those using combustion engines, the Financial Times reported on Sunday, as Russia’s invasion of Ukraine…
Daimler Truck currently not in talks over stake in Russia’s Kamaz
BERLIN – Daimler Truck said on Thursday it was not now in talks over whether it would take over a stake in Russia’s Kamaz from its former parent Mercedes-Benz AG, an issue…
Daimler Truck suspends business activities in Russia
BERLIN – Daimler Truck said on Monday it would freeze its business activities in Russia with immediate effect, including its cooperation with Russian truck maker Kamaz. No more trucks will be built…
Daimler Truck suspends all cooperation with Russia’s Kamaz -Handelsblatt
MOSCOW – Daimler Truck has suspended all cooperation with Russia’s largest truckmaker Kamaz, Germany’s Handelsblatt daily reported on Monday, in the face of severe criticism following Russia’s invasion of Ukraine. Kamaz declined…
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