Daimler News Updates

Mercedes will offload part of its roughly 35% holding in Daimler Truck, CFO Harald Wilhelm said.  Even with extra cash from selling shares, Mercedes is bracing for a difficult year.

Series production of the fuel cell trucks is still targeted for the early 2030s. Until midway through 2025, Daimler Truck expected to begin serial production toward the end of the 2020s.

Weakness in Daimler Truck's key North American market was largely to blame for the decline, with sales slumping 26% to 142,000 vehicles.

The joint venture partners aim to each hold a 25% stake in the JV, with the remaining shares set to be listed on the Tokyo Stock Exchange’s prime market for large corporations.

Daimler’s Mercedes-Benz Special Trucks unit will offer complete logistics vehicles and long-term service in Europe, North America and other markets, Daimler said in a statement.

The German truck maker is working with Bank of America Corp. to sound out potential investors interested in acquiring a minority stake in Torc.

Profit at Daimler Truck tumbled in the second quarter of 2025 as North American sales slumped, with little prospect of a near-term improvement if Q2 orders are anything to go by.

Daimler Truck CEO Karin Radstrom says tariffs are not the biggest challenge facing the commercial vehicle maker in the United States.

Torc Robotics began testing its autonomous trucks on what is expected to be the Daimler Truck subsidiary’s first driverless freight lane between Laredo and Dallas, the parent company said.

Daimler Truck’s heavy-duty hydrogen fuel cell electric truck ambitions took another step forward in recent weeks, as testing of the prototype Mercedes-Benz GenH2 Truck ramped up.