Daimler AG said Tuesday it sees continued truck market growth in the next two years, buoyed by a stronger North American market.
December 27, 2011Business
Daimler Boosts Stake in Russian Truck Maker
Daimler AG plans to increase its stake in Russia’s largest truck maker as part of its target of a 64% rise in truck sales by the end of the decade, Bloomberg reported Monday.
March 19, 2012Special CoverageBusiness
Daimler Says Layoffs to Be ‘Significantly Lower’ Than Previously Announced
NASHVILLE, Tenn. — Martin Daum, president of Daimler Trucks North America, said the company’s previously announced layoffs at its production facilities will be “significantly lower” than the 1,300 jobs it had projected earlier this year.
March 14, 2012Business
Daimler Recalls 110,000 Trucks to Fix Defect in Detroit Diesel Engines
Daimler Trucks North America said it was recalling all 110,000 of its 2006-2013 Freightliner, Western Star and Sterling trucks equipped with Detroit Diesel 13-, 15- and 16-liter engines to fix a defect the National Highway Traffic Safety Administration said could cause accidents, fuel leaks and fires.
March 12, 2012Business
Daimler Recalling 110,000 Trucks
The National Highway Safety Administration said Daimler Trucks North America told the agency it is recalling more than 110,000 trucks because of potentially damaged engine fuel lines.
March 6, 2012Business
Daimler, MAN Step Up China, India Presence
Daimler AG and MAN SE have stepped up their presence in China and India, respectively, Bloomberg reported Monday.
November 21, 2011Business
Daimler Predicts Higher Truck Sales in 4Q
Daimler AG predicted a higher fourth-quarter profit on gains at its trucks and vans divisions, Bloomberg reported Thursday.
October 27, 2011Business
Daimler Rebrands ‘Detroit’ Line of Powertrain Components
Daimler Trucks North America unveiled its new Detroit brand encompassing all of its powertrain components, including its Detroit Diesel engine line.
October 18, 2011Business
Daimler’s Chinese Truck Venture Gets Government Approval
Daimler Trucks said Monday it has received final authority from Chinese authorities for a joint-venture with Chinese truck maker Beiqi Foton Motor Co.
September 26, 2011Business
Daimler Forecasts Continued Strong Truck Market
Daimler AG expects truck sales to keep growing, even as economies show signs of cooling, as customers order vehicles into next year, Bloomberg reported Monday.
September 19, 2011