Daimler Truck Holding AG - Company Profile
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Daimler Truck Holding AG, (Daimler Truck), is an automobile company. It develops, manufactures and distributes light, medium and heavy-duty trucks, city and intercity buses, coaches and bus chassis. The company also provides financing, leasing, fleet management, insurance and mobility services. Daimler markets its offerings under various brands including Mercedes-Benz, Freightliner, Western Star, FUSO, BharatBenz, Thomas Built Buses and Setra. The company has production, distribution, sales and other facilities in North America, South America, Europe, Asia-Pacific and Africa regions. The company has a partnership with Beiqi Foton Motor Co Ltd to produce trucks under the Auman brand in China. Daimler Truck Holding AG 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*
$38.3B
Net Profit Margin (2022)
XYZ
29.3%
(2022 vs 2021)
* As of and is in US$
Products and Services
| Products | Services | Brands |
|---|---|---|
| Light, Medium and Heavy-Duty Trucks | Financial Services | Freightliner |
| City Buses | Vehicle Inventory Finance | Mercedes-Benz |
| Intercity Buses | Insurance Services | 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 | New Products/Services | In April, Rizon introduced its battery-electric Class 4-5 trucks in Canada. |
| 2024 | Financing Agreements | In March, Daimler Truck AG signed a EUR5 billion revolving credit line. |
| 2024 | New Products/Services | In March, the company introduced its electric RIZON trucks in California, the US. |
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 | 90,735 | 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 | - |
| Eva Scherer | Chief Financial Officer | Senior Management | 2024 | - |
| Joe Kaeser | Chairman | Non Executive Board | 2021 | 65 |
| Andreas Deuschle | Head - Mitsubishi Fuso Truck and Bus Corporation; Director; Head - International Sales and Customer Services Trucks Asia | Executive Board | 2022 | - |
| John O’Leary | Head - North America; Head - Freightliner, Western Star and Thomas Built Buses Brands | Senior Management | 2021 | 62 |
| 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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