Daimler AG said its fourth-quarter truck operations were profitable compared with a loss a year ago, as worldwide truck sales jumped 41%.
February 16, 2011Business
Daimler Forecasts Continued Strong Truck Demand for 2011
Daimler AG booked more truck orders than anticipated in the first two months of this year, underscoring its forecast of 鈥渟ignificant鈥 market growth in 2011, Bloomberg reported Friday.
March 18, 2011Business
Daimler Plans Indian Truck Brand
Daimler AG will begin selling a new brand of trucks in India next year, challenging former partner Tata Motors Ltd. as economic growth and new highways spur demand in that country, Bloomberg reported Thursday.
February 17, 2011Business
Daimler Boosts Stake in Mitsubishi Fuso
Daimler AG boosted its stake in Mitsubishi Fuso Truck & Bus Corp. by about $360 million, to benefit from a recovery in global demand for commercial vehicles, Bloomberg reported Tuesday.
January 11, 2011Business
Daimler Sees Higher Worldwide Truck Sales
Daimler AG鈥檚 truck unit鈥檚 return on sales could average as high as 8% in the next three years as worldwide markets rebound, the company said Tuesday.
November 30, 2010Business
Daimler Posts 3Q Profit; Truck Sales Jump 44%
Daimler AG said its third-quarter worldwide truck sales jumped 44% from a year ago and that its truck unit would post a profit before interest and taxes of more than $1.5 billion for the full year.
October 28, 2010Business
Scania鈥檚 Third-Quarter Profit Jumps
Swedish truck maker Scania AB鈥檚 third-quarter profit jumped eightfold as demand for heavy trucks increased, Bloomberg reported.
October 25, 2010Business
Truck Market Strengthening, Daimler Financial Exec Says
WASHINGTON 鈥 The new truck market is showing signs of picking up further this fall as the economy improves and the nation鈥檚 truck fleet continues to grow older, the head of Daimler Truck鈥檚 U.S. financial arm said.
October 4, 2010Business
Daimler Sees No Medium-Duty Sales Bubble in North America
HANOVER, Germany 鈥 There is no sales bubble coming soon for medium-duty trucks in North America, according to Martin Daum, president of Daimler Trucks North America.
September 23, 2010Business
Daimler Trucks鈥 Renschler Sees Stronger Global Vehicle Market
HANOVER, Germany 鈥 The head of Daimler Trucks said the world鈥檚 largest commercial vehicle maker expects 鈥渁 moderate recovery鈥 in U.S. truck sales this year, and that he does not foresee a double-dip recession.
September 21, 2010