daimler News Updates

Special CoverageBusiness

Daimler鈥檚 Daum Sees Stable Year for Truck Sales

LOUISVILLE, Ky. 鈥 Industrywide truck sales will be relatively flat this year compared with last year, the head of Daimler Trucks North America said in an interview here.

March 22, 2013
Business

Daimler鈥檚 Daum Projects Sales Pickup

NASHVILLE, Tenn. 鈥 The CEO of Daimler Trucks North America said he expects North American truck sales to ramp up by the end of 2013, after a slow start to the year.

March 18, 2013
Business

Daimler Sees Signs of Rebounding Market, Higher Truck Orders

Daimler AG officials said its trucks division is聽focused on boosting its vehicle sales, profit and market share this year聽on higher truck orders and expansion in emerging markets including Brazil, Bloomberg News reported Wednesday.

March 13, 2013
Business

Daimler Says Layoffs to Be 鈥楽ignificantly Lower鈥 Than Previously Announced

NASHVILLE, Tenn. 鈥 Martin Daum, president of Daimler Trucks North America, said the company鈥檚 previously announced layoffs at its production facilities will be 鈥渟ignificantly lower鈥 than the 1,300 jobs it had projected earlier this year.

March 12, 2013
Business

Daimler Seeks to Boost Market Share, Says 2013 Shaping Up as Expected

LOS CABOS, Mexico 鈥 The chief salesman for North America鈥檚 largest truck manufacturer said 2013 thus far has been 鈥減retty much exactly what we predicted鈥 when company officials created their business projections last year.

March 4, 2013
Business

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, 2013
Business

Daimler Appoints Bernhard to Succeed Renschler as Head of Trucks Unit

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, 2013
Business

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, 2013
Business

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, 2013
Business

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, 2013