daimlertruck
The commercial vehicle manufacturers Daimler Truck and Volvo are planning a joint venture to develop a common software platform and operating system for heavy trucks. The aim is to make the new company a leading developer of standardized hardware and software, the manufacturers jointly announced on Friday. The chief executive of Germany's Daimler Truck, Martin Daum, said that the aim was to develop differentiating digital vehicle features for global customers significantly faster and more efficiently. And the chief executive of Sweden's Volvo, Martin Lundstedt, added that they are now joining ...
DPA Breaking News
German commercial vehicle manufacturer Daimler Truck reported on Friday a stable start to 2024 despite the economic downturn. In spite of the decline in sales in the first quarter, turnover was just under €13.3 billion ($14.3 billion) and thus slightly above the previous year's figure, the DAX-listed company said. Adjusted for special effects, earnings before interest and taxes increased by 4% to €1.21 billion. In the industrial business - excluding financial services - Daimler Truck increased its adjusted operating margin by half a percentage point to 9.3%. Analysts had expected a smaller inc...
DPA Breaking News
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