Daimler-backed Torc appoints Wessels CFO
Torc Robotics, an autonomous trucking technology provider and independent subsidiary of Daimler Truck, has named Tobias Wessels chief financial officer effective ...
Tag: Daimler Truck
Volvo, Daimler add Toyota to EV joint venture
Volvo Group and Daimler Truck are expanding their hydrogen fuel cell joint venture, Cellcentric, with Toyota Motor Corp. planning to ...
Daimler Truck Financial Services originations drops 12.4% YoY
Daimler Truck Financial Services' originations fell amid foreign exchange headwinds and elevated credit risk tied to a prolonged freight recession. ...
Daimler Truck says higher orders, savings to offset tariffs
Daimler Truck Holding AG plans deeper cost cuts and is banking on stronger sales to counter rising tariff expenses, with ...
Daimler autonomous subsidiary Torc Robotics enters Michigan
Torc Robotics has expanded its autonomous truck testing to public roads in Michigan, marking the latest step in its push ...
Mercedes to sell part of €12 Billion Daimler Truck stake
Mercedes-Benz Group AG plans to sell some of its stake in Daimler Truck Holding AG to raise funds as it ...
Daimler Truck Financial Services originations drop 13.5%
The financing arm of German commercial vehicle manufacturer Daimler Truck saw originations slide in the third quarter as North American truck sales ...
Impact of new 25% heavy-duty truck tariff still unclear
President Donald Trump announced new tariffs on heavy trucks late Sept. 25, saying on social media that he was protecting U.S. manufacturers. Industry experts, however, say they are awaiting clarity on what the impact of ...
