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. ...
Tag: Daimler
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 ...
Mitsubishi Fuso, Foxconn reach ZEV bus deal
Mitsubishi Fuso Truck and Bus, Foxconn, Foxtron Vehicle Technologies and Mitsubishi Fuso Bus Manufacturing Co. have signed a memorandum of ...
Daimler Truck financial services originations fall 16%
German commercial vehicle manufacturer Daimler Truck felt the effects of tariffs and tariff-related economic uncertainty in the second quarter, resulting ...
Daimler Truck North America laying off 2,000 workers as sales drop
Daimler Truck North America is laying off roughly 2,000 workers amid declining truck orders and an overall strategic shift. The ...
3 more freight companies file for bankruptcy
Three more freight companies have filed for bankruptcy in recent weeks, with some truck lenders claiming millions in unsecured funds. ...
