| Daimler Truck Holding AG | |
| Type: | Public |
| Traded As: | DAX component |
| Predecessor: | Daimler AG's heavy commercial vehicle operations |
| Foundation: | Stuttgart, Germany |
| Location: | Leinfelden-Echterdingen, Germany |
| Area Served: | Worldwide |
| Key People: | Martin Daum (Chairman) |
| Industry: | Automotive |
| Services: | Financial |
| Brands: | Mercedes-Benz |
| Owners: |
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| Subsid: | |
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]
The Daimler Truck and Daimler Buses divisions include the eight vehicle brands BharatBenz, Freightliner, FUSO, Mercedes-Benz Trucks, 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.[3] Financial and mobility services are offered via the Daimler Truck Financial Services division.[4]
Daimler Truck was established in 2019 as a subsidiary of Daimler AG. In February 2021, Daimler announced its planned to spin off Daimler Truck into a separate listed company.[5] [6] The spin-off was approved by its shareholders on 1 October 2021.[7] 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.[8] A separate website for the Daimler Truck company was launched on December 1,[9] and the company went public on 10 December.[10]
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.[11] Daimler Buses is a leading brand in its core markets of Europe, Mexico, Brazil, and Argentina, selling 30,888 vehicles worldwide in 2019.[12]
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%.[13]
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.[14]
| City | Country | Purpose | Employees | Plant area | |
|---|---|---|---|---|---|
| Japan | Production of transmission parts | 267 | |||
| Turkey | Atego, Axor, Actros & Unimog Research and development | 1,737 | 560000m2 | ||
| South Africa | 842 | 940000m2 | |||
| China | Auman trucks (assembly) Four-cylinder engines (production & assembly), six-cylinder engines (assembly) | 8,878 | 229862m2 | ||
| Bangalore | India | Daimler Truck Innovation Center India[15] | 1400 | N/A | |
| Germany | Various engines, components, transmission parts and fuel systems | 2,538 | 501502m2 | ||
| India | 2,540 | 1600000m2 | |||
| Indonesia | Axor, Buses | 146000m2 | |||
| USA | Class 8 truck models (Freightliner Cascadia / Western Star 47X, 49X and 57X. | 1,837 | |||
| USA | Detroit Diesel Engines, transmissions, axle, electric axle, and battery assembly | 2,164 | |||
| Germany | 268 | ||||
| South Africa | Mercedes trucks & buses, Fuso trucks | 2,743 | 603600m2 | ||
| Japan | Fuso trucks, various bodies Chassis development | 430 | 83000m2 | ||
| Colombia | Chassis for buses | 542 | 11000m2 | ||
| USA | Chassis for school buses, shuttle buses, step vans and motor homes | 542 | |||
| Germany | Manual and automatic transmissions, axles, torque converters & pressed parts | 6,280 | 460000m2 | ||
| García | Mexico | Bus chassis assembly | 4000 | 42709m2[16] | |
| USA | Parts production | 1,262 | |||
| Germany | Axles and axle components, steering columns, components for exhaust emission technology and lightweight structural parts | 2,752 | 331000m2 | ||
| USA | School buses (assembly) Research and development | 1,316 | |||
| Czech Republic | Motorcoach bodyworks and bus segments | 360 | |||
| Turkey | Body shop, cathodic dip painting, paint shop Transit- and interurban buses and coaches (assembly) | 4,421 | |||
| Brazil | Accelo & Actros (assembly) | 926 | |||
| Germany | Axles, drive shafts & other components | 2,820 | 435873m2 | ||
| Japan | Fuso head office functions (Research and development, production of engines, axles & transmissions; LDT, MDT, HDT) | 4,670 | |||
| Germany | EvoBus corporate headquarters Sales | 120 | |||
| Germany | Three- and four-cylinder engines | 914 | 417434m2 | ||
| France | Transit buses & coaches (Assembly) | 375 | |||
| USA | Fuso | ||||
| Germany | Transit-, intercity buses and coaches (Body shop, cathodic dip painting, assembly) | 3,301 | |||
| Germany | Foundry, engines (production & remanufacturing) and green technology engines) | 5,113 | 898654m2 | ||
| France | 527 | ||||
| USA | Freightliner Business Class M2, 108SD, and 114SD assembly | 1,460 | |||
| Germany | Transit- and interurban buses & coaches (Paint shop and assembly) | 3,578 | |||
| USA | Truck assembly: Freightliner eCascadia / Western Star 47X, 49X Research and development | 4,590 | |||
| Japan | Fuso proving ground & test track | 384 | |||
| Mexico | 2,972 | ||||
| Spain | Chassis | 246 | |||
| Mexico | Freightliner M2 106, M2 112 and Cascadia / Western Star 57X | 1,610 | |||
| Brazil | Entire Latin American truck product range Engines, axles, transmissions, bus chassis Research and development | 12,788 | |||
| Stuttgart | Germany | Company Headquarters Engines, axles, transmissions & other components Pre-commissioning foundry and forge Research and development | 17,973 | 2060045m2 | |
| Mexico | Refurbishing of engines, transmissions and other components | ||||
| Japan | Small, medium and large buses Product development | 646 | |||
| Portugal | 307 | 39900m2 | |||
| Argentina | Accelo, Atego, OF and OH bus chassis | 407 | |||
| Germany | 11,741 |