9 questions with Daimler Trucks North America CEO Roger Nielsen

Freightliner dealers in the American Southwest should be on the lookout for Daimler Trucks North America (DTNA) CEO Roger Nielsen. He is taking one final motor-home tour and playing secret shopper before officially retiring April 30.

“I usually just show up and go into the parts department, and usually something’s broken. Nothing major, like lost hub nut covers,” he said. “But, hey, you can always use DEF (diesel exhaust fluid).”

Freightliner Custom Chassis Corp. builds the chassis on which the...

https://s29755.pcdn.co/news/9-questions-with-daimler-trucks-north-america-ceo-roger-nielsen

Dana books half of $700M backlog from electrification contracts

Dana Inc. (NYSE: DAN) lost $31 million in 2020. But a $700 million book of new business — half in electric powertrains — should drive profit margins higher even as spending rises.

The maker of drivelines for internal combustion engines and integrated electric powertrain systems points to several new contracts boosting its profit margin to 12% by 2023. They include an electrified powertrain for a medium-duty chassis for Freightliner Custom Chassis Corp. Production begins in the third quarter. 

Maum...

https://s29755.pcdn.co/news/dana-books-half-of-$700m-backlog-from-electrification-contracts

Daimler Trucks invests in Proterra electrification SPAC

Proterra Inc., which makes heavy-duty electric transit buses, drivetrains, batteries and charging systems, will go public in a reverse merger with special purpose acquisition company (SPAC) ArcLight Clean Transportation Corp. (NASDAQ: ACTC)

Daimler Trucks, already a Proterra investor and technology partner, is among the financial backers of the deal that will bring $648 million in cash to Proterra when the business combination is completed. 

ArcLight is a so-called blank check company created...

https://s29755.pcdn.co/news/daimler-trucks-invests-in-proterra-electrification-spac

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