What are the results of Daimler Truck Q1 2025?
Daimler Truck Holding AG (DTRUY) reported strong Q1 2025 results with revenues of $11. EBITDA of $1. The company achieved a significant milestone with Amazon placing its largest ever order for electric trucks, totaling 202 Mercedes-Benz E Atra 600 vehicles. Daimler Truck reported Q2 2025 revenue of €11,767 million, representing a 6% year-over-year decline, while unit sales fell 5% to 106,715 vehicles.Commercial vehicle manufacturer Daimler Truck has announced that it plans to cut around 5,000 jobs in Germany by 2030. The German company said the cuts are part of an efficiency drive to reduce recurring annual costs by over €1 billion by 2030.
Who is the CEO of Daimler Truck Holding?
Joe Kaeser, Chairman of the Supervisory Board: “We are delighted to win Karin Rådström with her outstanding industry knowledge and leadership skills as the new CEO of Daimler Truck Holding AG. Supervisory Board sets course for the future: Karin Rådström to succeed Martin Daum as CEO of Daimler Truck.
Where is Daimler trucks headquarters?
Daimler Truck North America LLC (formerly Freightliner Corporation) is an automotive industry manufacturer of commercial vehicles headquartered in Portland, Oregon, and LLC of the German multinational Daimler Truck AG. The Mercedes-Benz Group is the largest individual shareholder of Daimler Truck Holding AG. Other major shareholders include the Mercedes-Benz Pension Trust e. V. Kuwait Investment Authority.
Does Daimler own part of Tesla?
Daimler was an early investor in Tesla, at one point they owned 10% of the company. But they sold it later for just over 200 million dollars. Here is the kicker. That stake in Tesla, had Mercedes kept it, would have been worth more than Mercedes is worth. The other 87% is owned by companies like BlackRock, funding your 401K. Tesla would be able to recover big time is he was gone.