Daimler Truck

Summary

Daimler Truck AG (holding company legal name Daimler Truck Holding AG) is the world's largest commercial vehicle manufacturer, with over 35 main locations worldwide and approximately 100,000 employees.[2] Daimler Truck AG is headquartered in Leinfelden-Echterdingen, Germany. It was a part of Daimler AG from November 2019 to December 2021.[1]

Daimler Truck Holding AG
Company typePublic
FWB: DTG
DAX component
ISINDE000DTR0CK8
IndustryAutomotive
PredecessorDaimler AG's heavy commercial vehicle operations
Founded1 November 2019; 4 years ago (2019-11-01)
Stuttgart, Germany
HeadquartersLeinfelden-Echterdingen, Germany
Area served
Worldwide
Key people
Martin Daum (Chairman)
Products
BrandsMercedes-Benz
ServicesFinancial
Revenue€50.9 billion (2022)
Owners
Number of employees
104,729 (2022)
Subsidiaries
Websitedaimlertruck.com

History edit

Daimler Truck was established in 2019 as a subsidiary of Daimler AG. In February 2021, Daimler announced its planned to spin off Daimler Truck into a separate listed company.[3][4] The spin-off was approved by its shareholders on 1 October 2021.[5] Following this, Daimler Truck Holding AG was incorporated to manage assets owned by Daimler Truck AG, and Daimler AG retained 35% of shares in the new company, with 5% being transferred to its pension trust.[6] A separate website for the Daimler Truck company was launched on December 1,[7] and the company went public on 10 December.[8]

Brands edit

Finances edit

Of the Daimler Group's total workforce of 298,683 at the end of 2018 (2017: 289,321), 82,953 (2016: 79,483) worked at the Daimler Trucks division, of which 30,447 (2017: 30,424) were employed in Germany and 16,647 in the U.S. (2017: 15,002). In 2019, revenue amounted to €40.2 billion at Daimler Trucks and €4.7 billion at Daimler Buses.[9] Daimler Buses is a leading brand in its core markets of Europe, Mexico, Brazil, and Argentina, selling 30,888 vehicles worldwide in 2019.[10]

In 2018, the most important sales market was the NAFTA countries with 37% followed by Asia with 32%, Western Europe (EU plus Norway and Switzerland) with 17%, and Latin America (excluding the NAFTA country of Mexico) with 7%.[11]

Locations edit

Daimler Truck has a worldwide network of production plants and research centers. The following list is a description of all locations worldwide that include a Daimler Truck plant, including plants for the subsidiaries EvoBus, Daimler Trucks North America, Detroit Diesel, Freightliner Trucks, and Mitsubishi Fuso Truck and Bus Corporation.[12]

City Country Purpose Employees[a] Plant area
Aikawa Japan Production of transmission parts 267
Aksaray Turkey Atego, Axor, Actros & Unimog
Research and development
1,737 560,000 m2 (6,000,000 sq ft)
Atlantis South Africa Foundry 842 940,000 m2 (10,100,000 sq ft)
Beijing China Auman trucks (assembly)
Four-cylinder engines (production & assembly), six-cylinder engines (assembly)
8,878 229,862 m2 (2,474,210 sq ft)
Bangalore India Daimler Truck Innovation Center India[13] 1400 N/A
Berlin Germany Various engines, components, transmission parts and fuel systems 2,538 501,502 m2 (5,398,120 sq ft)
Chennai India Trucks (LDT, MDT, HDT) under BharatBenz, Mercedes-Benz and Fuso brands
Buses under BharatBenz
2,540 1,600,000 m2 (17,000,000 sq ft)
Cleveland, North Carolina USA Class 8 truck models (Freightliner Cascadia / Western Star 47X, 49X and 57X. 1,837
Detroit, Michigan USA Detroit Diesel Engines, transmissions, axle, electric axle, and battery assembly 2,164
Dortmund Germany Transit-, interurban-, and mobility buses and coaches 268
East London South Africa Mercedes trucks & buses, Fuso trucks 2,743 603,600 m2 (6,497,000 sq ft)
Ebina Japan Fuso trucks, various bodies
Chassis development
430 83,000 m2 (890,000 sq ft)
Funza Colombia Chassis for buses 542 11,000 m2 (120,000 sq ft)
Gaffney, South Carolina USA Chassis for school buses, shuttle buses, step vans and motor homes 542
Gaggenau Germany Manual and automatic transmissions, axles, torque converters & pressed parts 6,280 460,000 m2 (5,000,000 sq ft)
García Mexico Bus chassis assembly 4000 42,709 m2 (459,720 sq ft)[14]
Gastonia, North Carolina USA Parts production 1,262
Hamburg Germany Axles and axle components, steering columns, components for exhaust emission technology and lightweight structural parts 2,752 331,000 m2 (3,560,000 sq ft)
High Point, North Carolina USA School buses (assembly)
Research and development
1,316
Holýšov Czech Republic Motorcoach bodyworks and bus segments 360
Istanbul-Hoşdere Turkey Body shop, cathodic dip painting, paint shop
Transit- and interurban buses and coaches (assembly)
4,421
Jakarta Indonesia Buses
Juiz de Fora Brazil Accelo & Actros
(assembly)
926
Kassel Germany Axles, drive shafts & other components 2,820 435,873 m2 (4,691,700 sq ft)
Kawasaki Japan Fuso head office functions
(Research and development, production of engines, axles & transmissions; LDT, MDT, HDT)
4,670
Kirchheim unter Teck Germany EvoBus corporate headquarters
Sales
120
Kölleda Germany Three- and four-cylinder engines 914 417,434 m2 (4,493,220 sq ft)
Ligny-en-Barrois France Transit buses & coaches
(Assembly)
375
Logan Township, New Jersey USA Fuso
Mannheim Germany Transit-, intercity buses and coaches (Body shop, cathodic dip painting, assembly) 3,301
Mannheim Germany Foundry, engines (production & remanufacturing) and green technology engines) 5,113 898,654 m2 (9,673,030 sq ft)
Molsheim France Customization of special purpose trucks 527
Mount Holly, North Carolina USA Freightliner Business Class M2, 108SD, and 114SD assembly 1,460
Neu-Ulm Germany Transit- and interurban buses & coaches
(Paint shop and assembly)
3,578
Portland, Oregon USA Truck assembly: Freightliner eCascadia / Western Star 47X, 49X
Research and development
4,590
Sakura Japan Fuso proving ground & test track 384
Saltillo Mexico Freightliner Cascadia 2,972
Sámano-Castro Urdiales Spain Chassis 246
Santiago Tianguistenco Mexico Freightliner M2 106, M2 112 and Cascadia / Western Star 57X 1,610
São Bernardo do Campo Brazil Entire Latin American truck product range
Engines, axles, transmissions, bus chassis
Research and development
12,788
Stuttgart Germany Company Headquarters
Engines, axles, transmissions & other components
Pre-commissioning foundry and forge
Research and development
17,973 2,060,045 m2 (22,174,140 sq ft)
Toluca Mexico Refurbishing of engines, transmissions and other components
Toyama Japan Small, medium and large buses
Product development
646
Tramagal Portugal Fuso Canter 307 39,900 m2 (429,000 sq ft)
Virrey del Pino, Buenos Aires Province Argentina Accelo, Atego, OF and OH bus chassis 407
Wanaherang, Gunung Putri, Bogor Indonesia Buses, Axor
Wörth am Rhein Germany Actros, Antos, Arocs, Axor, Atego, Econic, Unimog, Zetros 11,741
  1. ^ As of December 2013

References edit

  1. ^ a b Why did Daimler spin off the Daimler Truck business? What does spin-off mean? on DaimlerTruck
  2. ^ "Anzahl verkaufter Lastkraftwagen weltweit nach Hersteller im Jahr 2019". 2023-12-19.
  3. ^ Carey, Nick (3 February 2021). "Daimler to spin off truck unit, sharpen investor focus on Mercedes-Benz". Reuters. Retrieved 4 February 2021.
  4. ^ "Automaker Daimler to spin off trucks business, change name". Yahoo Finance Canada. 3 February 2021. Archived from the original on 7 February 2021. Retrieved 4 February 2021.
  5. ^ tagesschau.de. "Daimler besteht künftig aus zwei unabhängigen Teilen". tagesschau.de (in German). Retrieved 2021-10-03.
  6. ^ "Questions and answers to the spin-off Daimler Truck". DaimlerTruck.com. Retrieved 2022-01-08.
  7. ^ "Following the Split-Off: New Daimler Truck Media Site". DaimlerTruck.com. 2021-12-01. Retrieved 2022-01-08.
  8. ^ "Daimler Truck launched on stock exchange as an independent company". DaimlerTruck.com. 2021-12-10. Retrieved 2022-01-08.
  9. ^ "Daimler teilt sich auf - omnibus.news" (in German). Retrieved 2021-10-03.
  10. ^ AG, Daimler Truck. "Marken Daimler Buses | Daimler Truck AG". Daimler Truck AG (in German). Archived from the original on 2021-10-03. Retrieved 2021-10-03.
  11. ^ "Daimler Trucks: Rekordjahr 2018 mit Höchstwerten bei Absatz, Umsatz und Ertrag – Absatzplus für 2019 erwartet". marsMediaSite (in German). Retrieved 2021-10-03.
  12. ^ Baranouski, Artsiom (2023-04-07). "The Benefits&Drawbacks of Choosing Daimler Trucks for Your Business". Medium. Retrieved 2023-04-10.
  13. ^ "Bengaluru, Daimler Truck Innovation Center India Private Limited". daimlertruck.com.
  14. ^ "Mercedes-Benz – Corporativo". AutobusesMercedesBenz.com.mx. Archived from the original on 24 June 2017. Retrieved 2 June 2017.

External links edit

  • Official website