Daimler Truck

Daimler Truck Holding AG manufactures and sells medium- and heavy-duty trucks and buses in Europe, North America, Asia, Latin America, and internationally. It operates through five segments: Mercedes-Benz, Trucks North America, Trucks Asia, Daimler Buses, and Financial Services. The company offers light, medium, and heavy-duty trucks; city and intercity buses, touring coaches, and bus chassis; industrial engines; and special vehicles that are primarily used in municipal applications, as well as electric vehicles and used commercial vehicles. It also provides various financial services, such as leasing, hire purchase, and insurance products under the Daimler Truck Financial Services brand name. In addition, the company offers connectivity solutions under the Detroit Connect, Fuso Connect, Mercedes-Benz Uptime, and Fleetboard brands; and aftersales services, such as maintenance and repair, as well as sells spare parts. It provides trucks and buses under the Mercedes-Benz, Freightliner, Western Star, FUSO, BharatBenz, Setra, and Thomas Built Buses brand names. The company was founded in 1896 and is headquartered in Leinfelden-Echterdingen, Germany.

Daimler Truck was established in 2019 as a subsidiary of Daimler AG. In February 2021, Daimler said it planned to spin off Daimler Truck into a separate listed company. 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 a new company, with 5% being transferred to its pension trust. A separate website of Daimler Truck company was launched on 1 December, and the company went public on 10 December.

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