Business, Technology, Fuel

Alternative Fuels Will Grow, but Diesel Remains Go-To, Daimler Exec. Says

Diesel TT File Photo

INDIANAPOLIS — Alternative fuels and green technologies will continue to evolve and secure their roles within the trucking sector, but diesel is still the most efficient and cost-effective fuel and will be for some time to come, Kary Schaefer, general manager of marketing and strategy for Daimler Trucks North America, told attendees at the Green Truck Summit here last week.

Jim Galligan | Special to Transport Topics
March 8, 2018

Daimler Says Future Deals With Geely Hinge on China Partner BAIC

Krisztian Bocsi/Bloomberg

Daimler AG said future collaboration with its new largest shareholder Li Shufu will hinge on keeping the manufacturer’s existing Chinese partner on board.

Elisabeth Behrmann | Bloomberg News
March 6, 2018
Business, Technology, Equipment

Daimler Throws Shade at Tesla as Truck Rivalry Heats Up

Daimler AG

Daimler AG cast doubt on Tesla Inc.’s plan to deliver electric heavy trucks next year, saying its more modest goal to start selling battery-powered big rigs by 2021 is more realistic.

Elisabeth Behrmann | Bloomberg News
February 21, 2018
Business, Equipment

Daimler AG Reports Record Sales in 2017

Daimler Building Alex Kraus/Bloomberg News

Diversified manufacturer Daimler AG reported it sold a record 3.3 million vehicles in 2017 — including a 13% increase in truck sales — as full-year revenue and earnings also peaked amid a strong fourth quarter.

Roger Gilroy | Staff Reporter
February 1, 2018

Cabovers Key to Daimler’s Strategy in Mexico

Freightliner 2528 Freightliner's 2528 Class 8 Cabover courtesy of Daimler

PUERTO VALLARTA, Mexico — The recent introduction of Class 6 and Class 8 cabover models to the Mexican market is a key part of Daimler Trucks Mexico’s strategy in its home market, and a competitive response to the segment’s growth in the country, the company’s president said.

Joe Howard | Executive Editor
November 29, 2017
Business, Equipment

Truck Makers Point to Improving Market in 3Q

Mercedes Trucks Guenter Schiffmann/Bloomberg News

Truck makers highlighted growing demand for their equipment in third-quarter earnings reports even as they posted mixed results. One saw profitability slip but revenue climb, while two others reported an increase in net income and revenue.

Roger Gilroy | Staff Reporter
November 1, 2017
Business, Technology, Equipment, Fuel

Daimler Steals Tesla’s Thunder With Heavy-Duty Electric Truck

Daimler Trucks

Daimler AG is jumping the gun on Tesla Inc. by showing off a battery-powered heavy-duty truck weeks before the California electric-car maker’s own planned unveiling, in a sign of the growing rivalry between the companies.

Elisabeth Behrmann | Bloomberg News
October 26, 2017
Government, Business, Technology, Equipment

Volkswagen and Daimler Inspected by EU as Cartel Probe Widens

Alex Kraus/Bloomberg News

Volkswagen AG and Daimler AG were inspected by European Union antitrust investigators as the EU stepped up a probe into allegations the German car industry colluded on technology for decades.

Aoife White Elisabeth Behrmann and Karin Matussek | Bloomberg News
October 23, 2017
Government, Business, Equipment

BMW Raided in Collusion Probe as Daimler Blows Whistle to EU

Matthias Schrader/AP Photo

BMW AG said it was raided by European Union antitrust watchdogs this week as the EU ramped up a probe into the German car industry following reports that carmakers colluded on technology for decades.

Gaspard Sebag Elisabeth Behrmann and Stephanie Bodoni | Bloomberg News
October 20, 2017

Analysis: Let’s Give a Blast of the Air Horn for Global Truck Boom

Emanuel Sirbu/Flickr

It’s rare that major economies all grow at the same time. For investors that’s sometimes frustrating. There’s always at least one country—Brazil, Russia, wherever—blotting a multinational’s otherwise decent set of numbers.

Chris Bryant | Bloomberg News
October 20, 2017