Daimler Trucks sees higher orders but lower Q3 sales and earnings

Daimler Trucks sold 25% fewer units in the third quarter. But new orders doubled from the previous three months as the impact of the COVID-19 pandemic eased.

Third-quarter unit sales fell to 99,000 vehicles versus 126,000 in the same period a year ago.

New truck orders were up 3% over the year-ago third quarter. They doubled from the April-June period when Daimler and other truck makers shuttered plants for six weeks.  

Revenues decreased by 20% to €9.2 billion ($10.9 billion). Earnings before...

https://s29755.pcdn.co/news/daimler-trucks-sees-higher-orders-but-lower-q3-sales-and-earnings

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