daimler News Updates

Business

Daimler Truck CFO Jochen Goetz Dies at 52

Jochen Goetz, the chief financial officer of Daimler Truck who is credited with its successful spinoff from the automotive giant that makes the Mercedes-Benz, died Aug. 5 at the age of 52.

August 7, 2023
Business, Technology

Chinese Billionaire Sells $1.6 Billion Daimler Truck Stake

Chinese billionaire Li Shufu’s Zhejiang Geely Holding Group Co. has divested its 6.3% stake in truck maker Daimler Truck Holding AG, equivalent to roughly $1.6 billion.

March 16, 2023

ºÚÁϳԹÏÍø Signs Pact to Acquire Canada’s Algolux

Daimler Truck autonomous technology subsidiary ºÚÁϳԹÏÍø has signed an agreement to acquire Canadian artificial intelligence developer Algolux Inc.

March 3, 2023
Business, Technology, Equipment, Fuel

Daimler, European Partners to Test HD Truck Using Liquid Hydrogen Fuel

To test the use of liquid hydrogen in a commercial vehicle fuel cell, Daimler Truck announced it is putting a prototype heavy-duty truck and filling station into operation in Germany.

June 27, 2022
Business, Technology, Equipment

Daimler Truck Says Chip Crunch Easing

Daimler Truck Holding AG sees promising signs of moving past the prolonged chip shortage that has beset manufacturers globally, the head of the company’s Mercedes truck brand said.

June 2, 2022
Business, Technology, Equipment

Daimler Truck Q1 Net Income Tumbles, Revenue Climbs

Daimler Truck reported net income tumbled 81% and revenue increased 17% in the first quarter as it faced persistent supply chain bottlenecks and passed along rising costs amid increased demand.

May 17, 2022
Business, Technology, Autonomous

Apex.AI Gains Minority Investment From Daimler Truck

Software developer Apex .AI announced Daimler Truck made a minority investment in the company.

May 5, 2022
Government, Business, Technology, Equipment, Autonomous

Daimler’s Martin Daum: Autonomous Trucks Will Benefit Industry Without Threatening Jobs

ALBUQUERQUE, N.M. — As autonomous trucks gradually move closer to commercialization, Daimler Truck CEO Martin Daum sees this technology delivering a range of benefits for fleet customers and for society at large.

April 21, 2022
Business, Technology, Equipment

Daimler’s Richard Howard Envisions Transformation of Truck Financing

As technology continues to transform the commercial truck market, Daimler’s Richard Howard sees a similar evolution underway on the financial services side of the industry.

January 25, 2022
Business

Daimler Posts $4.3 Billion Q2 Profit Despite Chip Shortage

FRANKFURT, Germany — German automaker Daimler reaped strong profits in the second quarter as demand for its Mercedes luxury cars continued to rebound from the depths of the pandemic, generating cash that the company can invest in its shift to electric vehicles.

July 21, 2021