daimler News Updates

Business

Daimler Expects Truck Earnings to Drop

Daimler AG rose the most in three weeks after the company solidified its lead in the luxury-car market and said it is confident of reaching this year’s underlying profit goals, despite more than 1 billion euros ($1.1 billion) in one-time costs in the second quarter.

July 12, 2016
Business

Daimler Trucks Fights Tighter Emission Controls in Mexico as Smog Worsens

Daimler AG and other truck makers are fighting to delay new emissions standards in Mexico as the government struggles to control the worst smog in the capital city in 14 years.

June 27, 2016
Business

Daimler Trucks Widens Global Parts Sharing to Bolster Profit

Daimler AG’s trucks division, seeking to recover from a profit warning last month, aims to boost future earnings with a plan to cut costs by sharing more engines, axles and other components across units in North America, Europe and Asia.

June 9, 2016
Business

DTNA Commits to North American Commercial Vehicle Show

Daimler Trucks North America on May 23 announced its intention to exhibit at the first-ever North American Commercial Vehicle Show in Atlanta in September 2017.

May 23, 2016
Business

Daimler Cuts Sales Forecast as Class 8 Orders Stall

Daimler Trucks said it lowered its outlook for overall North American truck sales for Classes 6-8 in 2016 as orders for Class 8 trucks especially have not revived. It now forecasts sales will be off about 15% compared with 2015, down from its previous forecast of a 10% decline.

May 20, 2016
Business

European Truck Makers Daimler, Volvo Report Lower First-Quarter Net Income

European truckmakers Daimler AG and Volvo Group reported lower net income for the first quarter amid a softer North American market.

April 22, 2016
Business

DTNA Opens New Headquarters Building in Portland

Daimler Trucks North America on April 19 officially opened its new headquarters building in North Portland, Oregon.

April 19, 2016
Business

Jury Issues $51 Million Verdict Against Daimler

A jury in New Orleans has issued a $51.5 million judgment against Daimler Trucks North America after a 2012 incident that left a woman badly injured.

April 17, 2016
Business

Wurst-Case Scenario: Sausage Hog Sparks Shout-Fest at Daimler Annual Meeting

As Daimler AG shareholders approved the biggest dividend in the company’s history, two investors got into a fight at its annual general meeting over complimentary sausages.

April 6, 2016
BusinessTechnology

Daimler's Autonomous Platoon Debuts on Germany's Autobahn

DÜSSELDORF, Germany — Daimler Trucks demonstrated what it called the next milestone in autonomous driving by running a three-truck platoon on a public stretch of the autobahn.

March 28, 2016