Daimler Truck Holding AG - Company Profile
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Daimler Truck Holding AG (Daimler Truck), is an automobile company. Its primary activity is to manufacture and distribute trucks and buses. Daimler Truck also distributes new and used vehicles. The company’s product portfolio includes light, medium, and heavy-duty trucks; specialized vehicles; city buses; intercity buses; coaches; and bus chassis. It also offers aftersales services and connectivity solutions, financing, leasing, fleet management, insurance, and mobility services. The company markets its offerings under various brands including Mercedes-Benz, Freightliner, Western Star, FUSO, BharatBenz, Thomas Built Buses, and Setra. It has production, distribution, sales, and other facilities in North America, South America, Europe, Asia-Pacific, and Africa. Daimler Truck is headquartered in Leinfelden-Echterdingen, Baden-Wurttemberg, Germany.
Headquarters
Germany
Address
Fasanenweg 10, Leinfelden-Echterdingen, Baden-Wurttemberg, 70771
Website
www.daimlertruck.com
Telephone
49 711 84850
No of Employees
104,416
Industry
Automotive
Ticker Symbol & Exchange
DTG (ETR)
Revenue (2022)
$60.4B
9.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
41.7%
(2022 vs 2021)
Market Cap*
$36.3B
Net Profit Margin (2022)
XYZ
29.3%
(2022 vs 2021)
* As of and is in US$
Products and Services
| Products | Services | Brands |
|---|---|---|
| Light, Medium and Heavy-Duty Trucks | Aftersales Services and Connectivity Solutions | Freightliner |
| Specialized Vehicles | Financing | Mercedes-Benz |
| City Buses | Leasing | FUSO |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the company signed an agreement with BMZ Poland for the development and supply of the next generation of e-bus batteries. |
| 2024 | Contracts/Agreements | In April, the company's Joint Venture Greenlane Infrastructure announces the establishment of its first EV charging corridor for commercial vehicles in the US. |
| 2024 | New Products/Services | In April, Rizon introduced its battery-electric Class 4-5 trucks in Canada. |
Competitor Comparison
| Key Parameters | Daimler Truck Holding AG | AB Volvo | Tata Motors Ltd | PACCAR Inc | Navistar International Corp |
|---|---|---|---|---|---|
| Headquarters | Germany | Sweden | India | United States of America | United States of America |
| City | Leinfelden-Echterdingen | Goeteborg | Mumbai | Bellevue | Lisle |
| State/Province | Baden-Wurttemberg | - | Maharashtra | Washington | Illinois |
| No. of Employees | 104,416 | 91,242 | 81,811 | 32,400 | 14,500 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Martin Daum | Chief Executive Officer | Senior Management | 2021 | 67 |
| Eva Scherer | Chief Financial Officer | Senior Management | 2024 | 41 |
| Joe Kaeser | Chairman | Non Executive Board | 2021 | 67 |
| Karl Deppen | Head - Trucks in China, India, Japan region; Head - FUSO, RIZO, and BharatBenz | Senior Management | 2021 | 58 |
| Karin Radstrom | Head - Europe and Latin America region; Head - Mercedes-Benz | Senior Management | 2021 | 45 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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