Daimler Truck Holding AG - Company Profile
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Daimler Truck Holding AG (Daimler Truck) is an automobile manufacturing company. Its primary activity is to manufacture and distribute trucks and buses. Daimler Truck also distributes 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
108,476
Industry
Automotive
Ticker Symbol & Exchange
DTG (ETR)
Revenue (2024)
$51.4B
-9.3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-32%
(2024 vs 2023)
Market Cap*
$40.3B
Net Profit Margin (2024)
XYZ
-25.1%
(2024 vs 2023)
* As of and is in US$
Products and Services
| Products | Services | Brands |
|---|---|---|
| Light, Medium and Heavy-Duty Trucks | Aftersales Services and Connectivity Solutions | BharatBenz |
| Specialized Vehicles | Financing | Freightliner |
| City Buses | Fleet Management | Western Star |
| 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 |
|---|---|---|
| 2026 | Plans/Strategy | In July, the company announced its plans to reduce its stake in Archion. |
| 2026 | Corporate Changes/Expansions | In June, the company opened the new global brand Daimler Truck Defense. |
| 2026 | Contracts/Agreements | In June, Daimler Buses entered into a contract with KVG Kieler Verkehrsgesellschaft mbH to deliver 28 battery-electric Mercedes-Benz eCitaro articulated buses. |
Competitor Comparison
| Key Parameters | Daimler Truck Holding AG | Traton SE | AB Volvo | Tata Motors Passenger Vehicles Ltd | PACCAR Inc |
|---|---|---|---|---|---|
| Headquarters | Germany | Germany | Sweden | India | United States of America |
| City | Leinfelden-Echterdingen | Munich | Gothenburg | Mumbai | Bellevue |
| State/Province | Baden-Wurttemberg | Bayern | Vastra Gotaland | Maharashtra | Washington |
| No. of Employees | 108,476 | 107,517 | 101,202 | 60,332 | 25,900 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Joe Kaeser | Chairman | Executive Board | 2021 | 69 |
| Karin Radstrom | Chief Executive Officer; President | Senior Management | 2024 | 47 |
| Eva Scherer | Chief Financial Officer | Senior Management | 2024 | 43 |
| Michael Brecht | Vice Chairman | Executive Board | 2021 | 61 |
| John O’Leary | Head - Daimler Truck North America | Senior Management | 2021 | 66 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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