Daimler Forecasts Continued Strong Truck Market
Daimler AG expects truck sales to keep growing, even as economies show signs of cooling, as customers order vehicles into next year, Bloomberg reported Monday.
Daimler sold 39,090 trucks in August, the highest monthly level of deliveries since late 2008, Andreas Renschler, head of the Daimler Trucks division, said.
Its eight-month sales rose 18% to 259,618 units, Bloomberg reported.
Renschler, speaking to reporters at in Muensingen, Germany, said the truck market signs were “unequivocally positive,” Bloomberg reported. Daimler is based in Stuttgart, Germany.
Daimler forecasts its truck sales will increase by about 14% annually to more than 500,000 vehicles by 2013 as the company expands in China, Russia and India, Renschler said.
The European market as a whole may grow 35 percent to 40 percent this year, while the U.S. market may expand 30% to 35%, Bloomberg reported, citing the company.
Daimler Trucks North America makes Freightliner and Western Star brand trucks.
