DaimlerChrysler Truck Group Sees 39% Contraction for 2007 U.S. Truck Sales

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aimlerChrysler AG’s Truck Group expects U.S. heavy-duty truck sales to decline 39% in 2007 as stricter new emission regulations take effect, Bloomberg reported Friday.

Bloomberg quoted Andreas Renschler, head of DaimlerChrysler’s commercial vehicles unit, as saying that most of the slowdown in the U.S. market would take place in the second and third quarters.

Meanwhile, the truck maker set a return-on-sales target of 7% which it plans to achieve by instituting parts-sharing measures among its various brands, Bloomberg said.



The truck unit's return on sales in 2006 improved to 6.4% from 5.3% last year, Bloomberg reported.

DaimlerChrysler’s U.S. truck manufacturing operations include the Freightliner, Sterling and Western Star brands.