Fuso

News Alert: Is Daimler Trucks going to go it alone?

Daimler AG is planning an initial public offering (IPO) of Daimler Trucks in late 2021, the German newspaper Handelsblatt reported Tuesday. Stuttgart-based Daimler AG is the parent company of Daimler Trucks and Mercedes-Benz autos.

The newspaper said Daimler wanted to unlock the value of the truck unit. Daimler is a world market share leader in on-highway heavy- and medium-duty trucks. Its brands include Freightliner, Western Star, Fuso and Mercedes-Benz Trucks.

Mercedes-Benz has been under...

https://s29755.pcdn.co/news/news-alert-is-daimler-trucks-going-to-go-it-alone

Daimler establishes group focused on developing connectivity solutions

Freightliner truck on highway

As commercial vehicles and their associated systems go deeper into a connected world, the need to manage that overall connectivity in a thorough and cohesive way becomes more important. Daimler Trucks AG, parent company of Daimler Trucks North America (DTNA), has recognized that fact and is responding by creating the Connectivity Services Group (CSG).

CSG will be based at DTNA’s headquarters in Portland, Oregon, and led by Sanjiv Khurana, currently head of digital vehicle solutions at DTNA.

“Conne...

https://s29755.pcdn.co/news/daimler-establishes-group-focused-on-developing-connectivity-solutions