Daimler AG News Updates

Waymo will soon begin on-highway testing of self-driving Freightliner Cascadia models equipped with redundant systems and components designed to eventually support unmanned operation.

Daimler Truck Holding AG overcame supply chain headwinds to increase unit sales during the second quarter of 2022, the company reported Aug. 11.

Truck makers Volvo Group, Daimler Truck and Traton Group announced their joint venture, launched in December 2021 to develop charging infrastructure in Europe, gained the final necessary regulatory approvals.

LONG BEACH, Calif. — Freightliner Trucks, a division of Daimler Truck North America, has unveiled its production-ready eCascadia Class 8 electric truck, built on the best-selling heavy-duty truck platform in North America.

Daimler Truck Group, reporting for the first time as an independent company, saw fourth-quarter net income plunge and revenue tick up compared with the same 2020 period.

When a Chinese billionaire became Daimler AG’s biggest shareholder in 2018, it caused quite a stir. Another Chinese investor took an even bigger stake the following year, the Mercedes-Benz maker just disclosed for the first time.

To the clanging of a bell and the blasting of a truck air horn, Daimler Truck began trading Dec. 10 as an independent company on the Frankfurt Stock Exchange under the stock symbol DTG, marking a new era following its spinoff from Daimler AG.

Daimler Truck AG, the largest global truck maker, intends to go public Dec. 10, and recently described what that would look like in terms of products and performance.

Daimler AG said it intends to dispose of all of its stake in Renault SA, valued at about $364 million.

Daimler AG reported modestly higher net income and a dip in revenue in the third quarter as truck sales rose, but sales of Mercedes-Benz vehicles plunged.