Sales Fall in Q2 for Daimler Truck
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BERLIN — Sales fell in the second quarter for German commercial vehicle manufacturer Daimler Truck Holding AG compared to the same period of the previous year.
Daimler Truck reported July 7 that lower unit sales in the second quarter were hit by sharply lower sales in the Trucks North America segment, but there were stable sales in Mercedes-Benz Trucks, despite growth in other units.
In the quarter, Daimler Truck group unit sales were 106,715 trucks and buses, down 5% from 112,195 units last year. The Trucks North America segment sales fell 20% to 38,580 units from the prior year’s 48,246. Mercedes-Benz Trucks sold 38,294 units, nearly the same as last year’s 38,481 units.
However, the company reported a 13% increase in the segment Trucks Asia to 26,443 units from the prior year’s 23,411 units. Daimler Buses also increased its sales volume by 5% to 7,027 units from 6,674 units a year ago.
READ MORE:ÌýDaimler Truck to Open Assembly Plant in Senegal
Sale of battery-electric vehicles in the second quarter surged 90% to 1,232 units from 648 units last year.
In the first half of the year, Daimler Truck sold 206,527 vehicles, down from the prior year’s 221,106 units. As of Jan. 1, Daimler Truck integrated its businesses in China and India into the Mercedes-Benz Trucks segment.
Daimler Truck plans to report its second-quarter financial results on Aug. 1.
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