Equipment

Daimler AG

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July 21, 2016 - Industry News

Earnings Watch: Daimler Profit Rises 3%, Dana Earnings Fall

Car and truck maker Daimler AG reported a slight increase in its second quarter profit, but it expects significantly lower truck sales for this year. Meanwhile, one supplier is feeling the effects of the slowing North American commercial vehicle market.

Tags: Economy, Detroit Diesel, Freightliner, Western Star, Daimler Trucks, Daimler AG, Dana Holding Corp., Earnings, Daimler Trucks North America

July 19, 2016 - Industry News

Truck Makers Hit With Record EU Fines for Price-Fixing in Europe

Mercedes-Benz trucks on display in 2012 at a pre-IAA Commercial Vehicle Show event. Daimler, as the largest of the truck makers involved in the EU investigation, also faces the largest fine. Photo by Sven-Erik Lindstrand.

The European Union is fining five truck makers nearly 3 billion euros for acting as a cartel to fix prices of medium and heavy-duty trucks and time the introduction of technologies to comply with emissions rules.

Tags: Iveco, Daimler AG, MAN, European Commission, European Union, Global, Volvo Group, DAF

April 22, 2016 - Industry News

Earnings Watch: Daimler, Volvo Profits Lower Amid Slower Truck Sales

Earnings for two of the world’s largest truck makers moved lower in the first quarter, according to earnings reports issued Friday.

Tags: Volvo, Economy, Freightliner, Western Star, Truck Sales, Mack Trucks, Daimler AG, Earnings, Daimler Trucks North America, Volvo Trucks North America, Global

February 4, 2016 - Industry News

Earnings Watch: Cummins Profit Sinks, Daimler Soars

Profit for engine maker Cummins fell sharply in the final quarter of last year due to lower global demand, leading it to scale down plans for its new light-duty engines in North America, while Daimler AG saw record profits for 2015,

Tags: Economy, Cummins, Daimler AG, Earnings, Daimler Trucks North America, Global

October 2, 2015 - Industry News

Daimler Takes the Next Step Toward Autonomous Trucks

Daimler Trucks testing the first series-production autonomous truck on public roads. Photo: Daimler

In Germany Friday, Daimler Trucks is operating what it says is the first series-production truck to operate on an automated basis on the highway.

Tags: Daimler AG, Future Trucks, Autonomous Drive, Autonomous Vehicles

October 23, 2014 - Industry News

Daimler Profit Up, North American Truck Sales Jump 25%

Daimler AG's headquarters in Germany. Photo: Daimler AG

Daimler AG, the German parent of Daimler Trucks North America, has reported higher third quarter profit and revenue, with record Mercedes-Benz auto sales and a booming North American truck market being partially offset by lower sales in other parts of the world.

Tags: Daimler Trucks, Daimler AG, Earnings, Global

September 25, 2014 - Industry News

Mid-Size Mercedes-Benz Van Arriving in Late 2015

Mercedes Vito van at IAA. The van is scheduled to come to the U.S. in about a year. Photo: Jim Park

Following on the success of the Sprinter van in the U.S. market, Daimler plans to introduce a mid-size van sometime next year. The van made its debut in Berlin, Germany, in late July, but Daimler execs were coy on an actual release date for the American version of the van, saying only that it would be introduced in the fall 2015 in a MY 2016 designation.

Tags: Cargo Vans, Mercedes-Benz, IAA, Daimler AG, 2016-MY

July 30, 2014 - Industry News

Daimler to Bring New Mid-Size Vito Cargo Van to North America

The new Vito van is seen as a global model like the Sprinter.

The automotive industry has been speculating for quite some time that the popular Mercedes-Benz Sprinter vans could get a smaller cousin in North America in the form of the Mercedes-Benz Vito van, and now it appears that it is indeed in the works.

Tags: Cargo Vans, Mercedes-Benz, Global, Daimler AG

July 23, 2014 - Industry News

Daimler Trucks Posts Second Quarter Improvements

Daimler Trucks' Future Truck, unveiled earler this month. Photo: Evan Lockridge

German truck and automaker Daimler AG reported Wednesday that it’s third quarter underlying profit, along with earnings, both increased in the second quarter of the year.

Tags: Daimler Trucks, Daimler AG, Earnings, Daimler Trucks North America

April 30, 2014 - Industry News

Daimler Trucks Profit Doubles, Volvo Swings Back to Profitability

Profit for truck, engine and carmaker Daimler AG soared in the first quarter of the year, while competitor Volvo has reported a profit following a loss a year ago

Tags: Volvo, OEM, Volvo Trucks, Detroit Diesel, Freightliner, Western Star, Mack Trucks, Daimler Trucks, Daimler AG, Earnings, Daimler Trucks North America

February 21, 2014 - Industry News

Former Daimler Truck Head Renschler Headed to Volkswagen

Andreas Renschler

The former head of Daimler Trucks, who left the company last month after less than a year of overseeing Mercedes Benz cars and vans at parent company Daimler AG, will be taking over responsibility for commercial vehicles at Volkswagen AG.

Tags: Volkswagen, OEM, Leadership, Daimler Trucks, Daimler AG, People, Daimler Trucks North America

January 29, 2014 - Industry News

Former Daimler Truck Head Renschler Leaves Daimler AG

The former head of Daimler Trucks, who was promoted nearly a year ago by parent Daimler AG to oversee production and purchasing of Mercedes Benz cars and vans, has abruptly left the company.

Tags: Detroit Diesel, Freightliner, Western Star, Daimler Trucks, Daimler AG, Daimler Trucks North America, People

October 30, 2013 - Industry News

Paccar, Volvo and Daimler Report Strong Earnings

Freightliner's Cascadia Evolution on display during this year's Mid-America Trucking Show. Photo: Evan Lockridge

Most of the nation’s heavy truck makers reported third quarter earnings this week, showing health profits, despite some showing a slip in sales compared to the same time a year ago.

Tags: Paccar, Navistar, Volvo Trucks, Daimler AG, Earnings, Daimler Trucks, Daimler Trucks North America, Kenworth, Mack Trucks, Peterbilt

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