Daimler Truck

German commercial vehicle manufacturer From Wikipedia, the free encyclopedia

Daimler Truck

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]

Quick Facts Company type, Traded as ...
Daimler Truck Holding AG
Company typePublic
FWB: DTG
DAX component
ISINDE000DTR0CK8
IndustryAutomotive
PredecessorDaimler AG's heavy commercial vehicle operations
Founded1 November 2019; 5 years ago (2019-11-01)
Stuttgart, Germany
HeadquartersLeinfelden-Echterdingen, Germany
Area served
Worldwide
Key people
Martin Daum (Chairman)
Products
BrandsMercedes-Benz
ServicesFinancial
Revenue55,890,000,000 euro (2023) 
5,184,000,000 euro (2023) 
3,775,000,000 euro (2023) 
Total assets71,212,000,000 euro (2023) 
Owners
Number of employees
104,416 (2023) 
Subsidiaries
Websitedaimlertruck.com
Close

History

The Daimler Truck and Daimler Buses divisions include the eight vehicle brands BharatBenz, Freightliner, FUSO, Mercedes-Benz, RIZON, Setra, Thomas Built Buses and Western Star. Daimler Truck is the global market leader in the medium and heavy-duty truck segment with a gross vehicle weight of over 6 tons. In 2019, around 489,000 vehicles were delivered in this segment.[3] Financial and mobility services are offered via the Daimler Truck Financial Services division.[4]

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.[5][6] The spin-off was approved by its shareholders on 1 October 2021.[7] 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.[8] A separate website for the Daimler Truck company was launched on December 1,[9] and the company went public on 10 December.[10]

Thumb
Mercedes-Benz eActros 600, Daimler's current flagship model truck for the European market

Brands

  • Mercedes-Benz - light, medium and heavy trucks, buses
  • Freightliner - medium and heavy trucks, vans
  • Western Star - heavy trucks
  • Fuso - light, medium and heavy trucks, buses
  • Thomas Built Buses - school buses
  • Setra - buses
  • BharatBenz - medium and heavy trucks, buses (brand in India)
  • Detroit Diesel - medium and heavy-duty powertrain
  • TruckStore - used vehicles, financing, leasing, rental, warranty and service contracts, and buyback
  • Fleetboard - telematics and connectivity
  • Rizon - electric medium-duty trucks

Finances

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.[11] Daimler Buses is a leading brand in its core markets of Europe, Mexico, Brazil, and Argentina, selling 30,888 vehicles worldwide in 2019.[12]

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%.[13]

Locations

Summarize
Perspective

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.[14]

More information City, Country ...
CityCountryPurposeEmployees[a]Plant area
AikawaJapanProduction of transmission parts267
AksarayTurkeyAtego, Axor, Actros & Unimog
Research and development
1,737560,000 m2 (6,000,000 sq ft)
AtlantisSouth AfricaFoundry842940,000 m2 (10,100,000 sq ft)
BeijingChinaAuman trucks (assembly)
Four-cylinder engines (production & assembly), six-cylinder engines (assembly)
8,878229,862 m2 (2,474,210 sq ft)
BangaloreIndiaDaimler Truck Innovation Center India[15] 1400N/A
BerlinGermanyVarious engines, components, transmission parts and fuel systems2,538501,502 m2 (5,398,120 sq ft)
ChennaiIndiaTrucks (LDT, MDT, HDT) under BharatBenz, Mercedes-Benz and Fuso brands
Buses under BharatBenz
2,5401,600,000 m2 (17,000,000 sq ft)
Cikarang, BekasiIndonesiaAxor, Buses146,000 m2 (1,570,000 sq ft)
Cleveland, North CarolinaUSAClass 8 truck models (Freightliner Cascadia / Western Star 47X, 49X and 57X.1,837
Detroit, MichiganUSADetroit Diesel Engines, transmissions, axle, electric axle, and battery assembly2,164
DortmundGermanyTransit-, interurban-, and mobility buses and coaches268
East LondonSouth AfricaMercedes trucks & buses, Fuso trucks2,743603,600 m2 (6,497,000 sq ft)
EbinaJapanFuso trucks, various bodies
Chassis development
43083,000 m2 (890,000 sq ft)
FunzaColombiaChassis for buses54211,000 m2 (120,000 sq ft)
Gaffney, South CarolinaUSAChassis for school buses, shuttle buses, step vans and motor homes542
GaggenauGermanyManual and automatic transmissions, axles, torque converters & pressed parts6,280460,000 m2 (5,000,000 sq ft)
GarcíaMexicoBus chassis assembly400042,709 m2 (459,720 sq ft)[16]
Gastonia, North CarolinaUSAParts production1,262
HamburgGermanyAxles and axle components, steering columns, components for exhaust emission technology and lightweight structural parts2,752331,000 m2 (3,560,000 sq ft)
High Point, North CarolinaUSASchool buses (assembly)
Research and development
1,316
HolýšovCzech RepublicMotorcoach bodyworks and bus segments360
Istanbul-HoşdereTurkeyBody shop, cathodic dip painting, paint shop
Transit- and interurban buses and coaches (assembly)
4,421
Juiz de ForaBrazilAccelo & Actros
(assembly)
926
KasselGermanyAxles, drive shafts & other components2,820435,873 m2 (4,691,700 sq ft)
KawasakiJapanFuso head office functions
(Research and development, production of engines, axles & transmissions; LDT, MDT, HDT)
4,670
Kirchheim unter TeckGermanyEvoBus corporate headquarters
Sales
120
KölledaGermanyThree- and four-cylinder engines914417,434 m2 (4,493,220 sq ft)
Ligny-en-BarroisFranceTransit buses & coaches
(Assembly)
375
Logan Township, New JerseyUSAFuso
MannheimGermanyTransit-, intercity buses and coaches (Body shop, cathodic dip painting, assembly)3,301
MannheimGermanyFoundry, engines (production & remanufacturing) and green technology engines)5,113898,654 m2 (9,673,030 sq ft)
MolsheimFranceCustomization of special purpose trucks527
Mount Holly, North CarolinaUSAFreightliner Business Class M2, 108SD, and 114SD assembly1,460
Neu-UlmGermanyTransit- and interurban buses & coaches
(Paint shop and assembly)
3,578
Portland, OregonUSATruck assembly: Freightliner eCascadia / Western Star 47X, 49X
Research and development
4,590
SakuraJapanFuso proving ground & test track384
SaltilloMexicoFreightliner Cascadia2,972
Sámano-Castro UrdialesSpainChassis246
Santiago TianguistencoMexicoFreightliner M2 106, M2 112 and Cascadia / Western Star 57X1,610
São Bernardo do CampoBrazilEntire Latin American truck product range
Engines, axles, transmissions, bus chassis
Research and development
12,788
StuttgartGermanyCompany Headquarters
Engines, axles, transmissions & other components
Pre-commissioning foundry and forge
Research and development
17,9732,060,045 m2 (22,174,140 sq ft)
TolucaMexicoRefurbishing of engines, transmissions and other components
ToyamaJapanSmall, medium and large buses
Product development
646
TramagalPortugalFuso Canter30739,900 m2 (429,000 sq ft)
Virrey del Pino, Buenos Aires ProvinceArgentinaAccelo, Atego, OF and OH bus chassis407
Wörth am RheinGermanyActros, Antos, Arocs, Axor, Atego, Econic, Unimog, Zetros11,741
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  1. As of December 2013

References

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