Daimler Truck Holding AG
TypePublic
FWB: DTG
DAX component
ISINDE000DTR0CK8
IndustryAutomotive
PredecessorDaimler AG's heavy commercial vehicle operations
Founded1 November 2019 (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

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]

History

Daimler Truck was established in 2019 as a subsidiary of Mercedes-Benz Group 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

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.[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

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]

CityCountryPurposeEmployees[lower-alpha 1]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[13] 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)
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)[14]
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—
JakartaIndonesiaBuses——
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
Wanaherang, Gunung Putri, BogorIndonesiaBuses, Axor——
Wörth am RheinGermanyActros, Antos, Arocs, Axor, Atego, Econic, Unimog, Zetros11,741—
  1. ↑ As of December 2013

References

  1. 1 2 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.
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