Daimler Truck AG (holding company legal name Daimler Truck Holding AG) is the world's largest commercial

vehicle manufacturer The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, selling, repairing, and modification of motor vehicles. It is one of the world's largest industries by ...

, with over 35 main locations worldwide and approximately 100,000 employees. Daimler Truck AG is headquartered in

Leinfelden-Echterdingen Leinfelden-Echterdingen (; Swabian: ''Laefälda-Ächdordeng'') is a town in the district of Esslingen, in Baden-Württemberg, Germany. It is located approximately 10 km south of Stuttgart, near the Stuttgart Airport and directly adjacent ...

, Germany. It was a part of

Daimler AG Mercedes-Benz Group AG (formerly Daimler-Benz, DaimlerChrysler, and Daimler) is a German multinational automotive company headquartered in Stuttgart, Baden-Württemberg, Germany. It is one of the world's leading car manufacturers. Daimler-B ...

from November 2019 to December 2021.

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. Financial and mobility services are offered via the Daimler Truck Financial Services division. Daimler Truck was established in 2019 as a subsidiary of

. In February 2021, Daimler announced its planned to spin off Daimler Truck into a separate

listed company A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( ...

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

Brands

Mercedes-Benz Mercedes-Benz (), commonly referred to simply as Mercedes and occasionally as Benz, is a German automotive brand that was founded in 1926. Mercedes-Benz AG (a subsidiary of the Mercedes-Benz Group, established in 2019) is based in Stuttgart, ...

- 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 Thomas Built Buses, Inc. (commonly known as Thomas) is an American bus manufacturer. Best known for its production of the first ever rear engine Type C school bus, Thomas produces other bus designs for a variety of usages. Currently, its productio ...

- school buses *

Setra Setra is a German bus brand of Daimler Buses, itself a wholly owned subsidiary of Daimler Truck AG. The name "Setra" comes from "selbsttragend" (self-supporting). This refers to the integral nature of the construction of the vehicles back in ...

- buses *

BharatBenz BharatBenz is a brand of Daimler India Commercial Vehicles (DICV), itself a wholly owned subsidiary of the German manufacturer Daimler Truck AG. The brand is known for its trucks and buses. The headquarters of BharatBenz is at Oragadam, Chenn ...

- medium and heavy trucks, buses (brand in

India India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...

) *

Detroit Diesel Detroit Diesel Corporation (DDC) is an American diesel engine manufacturer headquartered in Detroit, Michigan. It is a subsidiary of Daimler Truck North America, which is itself a wholly owned subsidiary of the multinational Daimler Truck AG. ...

- medium and heavy-duty powertrain * TruckStore - used vehicles, financing, leasing, rental, warranty and service contracts, and buyback * Fleetboard - telematics and connectivity *

Rizon Rizon is an Internet Relay Chat (IRC) network. The IRC network itself ranks number 5 among the largest IRC networks. Rizon is popular with many anime fansubbing groups who work online, many of whom provide their content through XDCC via IRC bot ...

- 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 Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total popu ...

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. Daimler Buses is a leading brand in its core markets of

Europe Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterranean Sea to the south, and Asia to the east ...

Mexico Mexico, officially the United Mexican States, is a country in North America. It is the northernmost country in Latin America, and borders the United States to the north, and Guatemala and Belize to the southeast; while having maritime boundar ...

Brazil Brazil, officially the Federative Republic of Brazil, is the largest country in South America. It is the world's List of countries and dependencies by area, fifth-largest country by area and the List of countries and dependencies by population ...

, and

Argentina Argentina, officially the Argentine Republic, is a country in the southern half of South America. It covers an area of , making it the List of South American countries by area, second-largest country in South America after Brazil, the fourt ...

, selling 30,888 vehicles worldwide in 2019. In 2018, the most important sales market was the

NAFTA The North American Free Trade Agreement (, TLCAN; , ALÉNA), referred to colloquially in the Anglosphere as NAFTA, ( ) was an agreement signed by Canada, Mexico, and the United States that created a trilateral trade bloc in North America. The ...

countries with 37% followed by

Asia Asia ( , ) is the largest continent in the world by both land area and population. It covers an area of more than 44 million square kilometres, about 30% of Earth's total land area and 8% of Earth's total surface area. The continent, which ...

with 32%,

Western Europe Western Europe is the western region of Europe. The region's extent varies depending on context. The concept of "the West" appeared in Europe in juxtaposition to "the East" and originally applied to the Western half of the ancient Mediterranean ...

( EU plus

Norway Norway, officially the Kingdom of Norway, is a Nordic countries, Nordic country located on the Scandinavian Peninsula in Northern Europe. The remote Arctic island of Jan Mayen and the archipelago of Svalbard also form part of the Kingdom of ...

and

Switzerland Switzerland, officially the Swiss Confederation, is a landlocked country located in west-central Europe. It is bordered by Italy to the south, France to the west, Germany to the north, and Austria and Liechtenstein to the east. Switzerland ...

) with 17%, and

Latin America Latin America is the cultural region of the Americas where Romance languages are predominantly spoken, primarily Spanish language, Spanish and Portuguese language, Portuguese. Latin America is defined according to cultural identity, not geogr ...

(excluding the NAFTA country of Mexico) with 7%.

Locations

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 Buses GmbH, formerly EvoBus GmbH, is a German bus and coach manufacturer headquartered in Leinfelden-Echterdingen, Germany and a wholly owned subsidiary of Daimler Truck. Its products go to market under the brands Mercedes-Benz and Se ...

Daimler Trucks North America Daimler Truck North America LLC (formerly Freightliner Corporation) is an automotive industry manufacturer of commercial vehicles headquartered in Portland, Oregon, and LLC of the German multinational Daimler Truck AG. On October 1, 2021, D ...

Freightliner Trucks Freightliner Trucks is an American semi truck manufacturer. Founded in 1929 as the truck-manufacturing division of Consolidated Freightways (from which it derives its name), the company was established in 1942 as Freightliner Corporation. Owned ...

, and

Mitsubishi Fuso Truck and Bus Corporation The is a Japanese manufacturer of trucks and buses. It is headquartered in Kawasaki, Kanagawa and owned by Germany-based Daimler Truck.

References

External links

* {{Authority control Bus manufacturers of Germany Companies listed on the Frankfurt Stock Exchange Companies in the DAX index Multinational companies headquartered in Germany 2019 establishments in Germany 2021 initial public offerings Companies based in Baden-Württemberg Automotive companies established in 2019 Automotive companies of Germany Corporate spin-offs