daimler News Updates

Business

CVG Sets Mexican Facility to Supply Daimler Plants

Truck parts maker Commercial Vehicle Group will open a new facility in Saltillo, Mexico, as part of a new agreement with Daimler Trucks North America.

September 10, 2010
Business

Former Freightliner Exec Schmueckle Leaves Daimler

Rainer Schmueckle, the former head of Daimler Trucks North America, has left parent company Daimler AG after heading the German company’s Mercedes-Benz auto unit for five years, Bloomberg reported.

September 1, 2010
Business

DTNA’s Daum Sees Boom, But Wants to Know When

Fourteen months into his job as CEO of Daimler Trucks North America, Martin Daum said the truck sales market is still bad — although it is improving — but his real challenge is trying to figure out when sales will return to a robust pace.

August 9, 2010
Business

DTNA’s Daum Defends SCR, Rebuts Navistar’s Criticisms

The top Daimler Trucks executive in North America last week defended use of selective catalytic reduction to meet federal emissions requirements, rebutting claims by Navistar Inc. that SCR engines do not meet environmental standards because their emissions controls can be overridden by using plain water in place of a urea-water solution.

August 2, 2010
Business

Daimler Returns to Profit in 2Q

Daimler AG said Tuesday that it earned $2.74 billion (2.1 billion euros) in the second quarter, matching a forecast from earlier in July, the Associated Press reported.

July 27, 2010
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