Daimler Truck

Daimler Truck AG (holding company legal name Daimler Truck Holding AG) is the world's largest commercial vehicle manufacturer, with over 35 main locations worldwide and approximately 100,000 employees.[2] Daimler Truck AG is headquartered in Leinfelden-Echterdingen, Germany. It was a part of Daimler AG from November 2019 to December 2021.[1]

History

The Daimler Truck and Daimler Buses divisions include the eight vehicle brands BharatBenz, Freightliner, FUSO, Mercedes-Benz, RIZON, Setra, Thomas Built Buses and Western Star. Daimler Truck is the global market leader in the medium and heavy-duty truck segment with a gross vehicle weight of over 6 tons. In 2019, around 489,000 vehicles were delivered in this segment.[3] Financial and mobility services are offered via the Daimler Truck Financial Services division.[4]

Daimler Truck was established in 2019 as a subsidiary of Daimler AG. In February 2021, Daimler announced its planned to spin off Daimler Truck into a separate listed company.[5][6] The spin-off was approved by its shareholders on 1 October 2021.[7] Following this, Daimler Truck Holding AG was incorporated to manage assets owned by Daimler Truck AG, and Daimler AG retained 35% of shares in the new company, with 5% being transferred to its pension trust.[8] A separate website for the Daimler Truck company was launched on December 1,[9] and the company went public on 10 December.[10]

On July 1, 2025, it became known that Daimler Truck was placed on Russia's sanctions list due to alleged deliveries to Ukraine.[11]

Brands

• Mercedes-Benz - light, medium and heavy trucks, buses (brand in Germany)
• Freightliner - medium and heavy trucks, vans
• Western Star - heavy trucks
• Fuso - light, medium and heavy trucks, buses (brand in Japan)
• Thomas Built Buses - school buses
• Setra - buses
• BharatBenz - medium and heavy trucks, buses (brand in India)
• Detroit Diesel - medium and heavy-duty powertrain (brand in United States)
• TruckStore - used vehicles, financing, leasing, rental, warranty and service contracts, and buyback
• Fleetboard - telematics and connectivity
• Rizon - electric medium-duty trucks

Finances

Of the Daimler Group's total workforce of 298,683 at the end of 2018 (2017: 289,321), 82,953 (2016: 79,483) worked at the Daimler Trucks division, of which 30,447 (2017: 30,424) were employed in Germany and 16,647 in the U.S. (2017: 15,002). In 2019, revenue amounted to €40.2 billion at Daimler Trucks and €4.7 billion at Daimler Buses.[12] Daimler Buses is a leading brand in its core markets of Europe, Mexico, Brazil, and Argentina, selling 30,888 vehicles worldwide in 2019.[13]

In 2018, the most important sales market was the NAFTA countries with 37% followed by Asia with 32%, Western Europe (EU plus Norway and Switzerland) with 17%, and Latin America (excluding the NAFTA country of Mexico) with 7%.[14]

Locations

Daimler Truck has a worldwide network of production plants and research centres. The following list is a description of all locations worldwide that include a Daimler Truck plant, including plants for the subsidiaries EvoBus, Daimler Trucks North America, Detroit Diesel, Freightliner Trucks, and Mitsubishi Fuso Truck and Bus Corporation.[15]

External links