John Sommers II for TT
Daimler Trucks’ first-quarter unit sales rose 7%, led by North American and Asian sales, and its unit earnings before interest and taxes almost tripled to $472 million.
Truck sales rose to 108,500 worldwide as revenue increased 1% to $9.8 billion, parent company Daimler AG reported April 30.
North American unit sales climbed 13% to 34,558 trucks, led by U.S. sales that increased 15% to 30,592 units.
The company projected North American market growth of about 10% this year, “thanks to the increasing economic momentum.”
That is in line with a prediction last month by Wolfgang Bernhard, head of Daimler’s global truck and bus operations, who cited the 10% growth figure in a speech at the Mid-America Trucking Show.