Daimler Truck Holding AG and Volvo AB will face a retrial in a 560 million euros ($603 million) case over a price fixing cartel, a German appeals court ruled.
March 28, 2024Government, Business
Truck Makers Face Retrial in Europe in Price-Fixing Case
Business, Equipment
Daimler Reports Q4 Earnings Increase on Strong Pricing
Profits at Daimler Truck AG jumped 120% year-over-year in the fourth quarter of 2023 on strong demand plus higher prices and margins.
March 1, 2024Business, Technology, Equipment, Fuel
Daimler Truck to Explore Abu Dhabi’s Green Hydrogen Supply
Daimler Truck AG and Abu Dhabi agreed to explore the Gulf state’s supply of green hydrogen to power future fuel cell rigs in Europe.
January 25, 2024Business, Technology, Fuel
Cummins, Daimler, Paccar Pick Site for Battery Plant Venture
Accelera by Cummins, Daimler Trucks & Buses US Holding and Paccar Inc. on Jan. 18 selected Marshall County, Miss., as the manufacturing site for their planned battery cell joint venture.
January 19, 2024Business, Technology, Equipment, Safety, Autonomous
Lidar Maker Aeva Wins Multiyear Contract for Daimler Trucks
Aeva Technologies Inc. has won a multiyear contract to supply Daimler Truck Holding AG with technology to help advance autonomous driving on highways.
January 9, 2024Business, Technology
Daimler Truck Deputy Chair Wary of 15% Cost Savings Target
Daimler Truck Holding is not likely to achieve the 15% reduction in operating costs, investment and research and development expenditures it’s targeting by 2025, its deputy chairman said.
January 8, 2024Business, Technology, Private, Global Freight
Daimler Partners With Amazon for Fuel Cell Truck Trials
Daimler Truck plans to begin the first on-road customer tests of hydrogen fuel cell-powered Mercedes-Benz GenH2 trucks in global markets in the middle of 2024.
December 20, 2023Business, Fuel
Truck Manufacturer JV Opens First Heavy-Duty EV Charging Hub
Milence opened phase one of its first heavy-duty vehicle charging hub in the Dutch town of Venlo, it said recently.
December 11, 2023Business, Technology, Equipment
60-Year-Old Daimler Plant Is Ready for the Future
Officials at the 60-year-old Daimler Truck plant in Wörth am Rhein, Germany, are ready for sweeping changes in how commercial trucks are built, used and powered.
November 17, 2023Business
Daimler Truck Posts Lower Earnings in Q3
Profits at Daimler Truck Holding AG in the third quarter fell on the back of lower sales due to supply constraints and the absence of a tax benefit that boosted the year-ago period’s results.
November 7, 2023