Daimler AG said Thursday that Wolfgang Bernhard will become the new head of Daimler Trucks, effective April 1,聽succeeding Andreas Renschler, who will move to the company鈥檚 Mercedez-Benz auto unit.
February 21, 2013Business
Bernhard to Replace Renschler as Daimler Global Truck Chief
Daimler AG last week shook up the top management of its global truck and car manufacturing units, moving Andreas Renschler to take over auto production from Wolfgang Bernhard and switching Bernhard to the truck unit.
February 25, 2013Business
Daimler, Volvo Profits Fall During Lackluster 4th Qtr.
Daimler AG said its global heavy-truck profit fell 29% in the fourth quarter, and Volvo AB said worldwide earnings in the unit including trucks fell 82%. Both truck makers also offered cautious outlooks for North America and around the globe.
February 11, 2013Business
Daimler鈥檚 4Q Truck Sales Fall; Full-Year Sales Improve
Daimler AG said Thursday its truck unit鈥檚 earnings and revenue fell in the fourth quarter, but sales rose 9% last year, boosted by growth in North America and Asia.
February 7, 2013Business
Daimler Says it May Cut 1,300 Plant Workers, as Volvo, Mack Begin Reductions in Force
Daimler Trucks North America said it may lay off as many as 1,300 factory workers over the next few months across its facilities.
February 4, 2013Business
Daimler Trucks to Cut 1,300 North American Production Jobs
Daimler Trucks plans to cut as many as 2,100 jobs worldwide to improve profitability, including as many as 1,300 production jobs in North America, Bloomberg News reported Wednesday.
January 30, 2013Business
Meritor Wabco Named Supplier for Daimler Trucks North America
Truck component maker Meritor Wabco said it has been selected the exclusive supplier of standard-position, steer-axle service brake chambers for Daimler Trucks North America.
January 18, 2013Editorial, Business
Editorial: Bringing Production Onshore
Last week鈥檚 announcement by Daimler Trucks North America that it will move production of a line of transmissions and a line of turbochargers from Germany to a plant it runs outside Detroit is just the latest development in a trend that has become known as 鈥渙nshoring.鈥
December 17, 2012Business
DTNA to Spend $120 Million to Boost U.S. Production
REDFORD, Mich. 鈥 Daimler Trucks North America said it will invest $120 million and add 115 union jobs to create two new assembly lines to make transmissions and turbochargers at its Detroit brand diesel engine plant.
December 17, 2012Business
Daimler Plans $120 Million Investment at Detroit Plant; Hosts Visit by President Obama
REDFORD, Mich. 鈥 Daimler Trucks North America announced that it will produce its new automated manual transmission at its Detroit engine plant here, and the company hosted a visit Monday by President Obama.
December 10, 2012