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

Kenworth, Peterbilt electric trucks qualify for California rebates

Peterbilt and Kenworth medium-duty electric trucks each qualify for a $95,000 clean truck incentive in California. But there’s a catch. The Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) doesn’t have any money right now.

The PACCAR Inc. (NASDAQ: PCAR) siblings announced inclusion in the HVIP program this week. Workhorse Group (NASDAQ: WKHS) said July 28 that its new C-Series electric delivery van being produced in Union City, Indiana, qualified for the HVIP.

The California...

https://www.freightwaves.com/news/kenworth-peterbilt-electric-trucks-qualify-for-california-rebates

DTNA dips into Mercedes-Benz Truck ranks for next engineering leader

DTNA names Rainer Müller-Finkeldei senior vice president of engineering and technology

Following a 10-year record of success with its current engineering head, Daimler Trucks North America (DTNA) has once again tapped the well that is sister company Mercedes-Benz Trucks for its next engineering leader.

DTNA has named Rainer Müller-Finkeldei senior vice president of engineering and technology. Müller-Finkeldei, who is director of Mechatronics at Daimler Trucks subsidiary Mercedes-Benz Trucks in Europe, succeeds Wilfried Achenbach, who is retiring. Prior to joining DTNA, Achenbach...

https://www.freightwaves.com/news/dtna-dips-into-mercedes-benz-truck-ranks-for-next-engineering-leader