Daimler will create stand-alone truck business

Editor’s Note: Updates throughout with additional information

Daimler AG (OTC: DDAIF) plans to create a separate company for its Daimler Truck business that would focus on zero-emissions vehicles and software that could lead to autonomous trucking.

The decision by Daimler’s supervisory board to move forward follows several years of discussion. The German newspaper Handelsblatt reported in December that Daimler was considering acting before the end of 2021. Shareholders will vote on the spinoff at...

https://www.freightwaves.com/news/news-alert-daimler-will-create-stand-alone-truck-business

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon