Profit at Daimler Truck plummets by 80 percent

manager-magazin.de/unternehmen/autoindustrie/daimler-truck-gewinn-bricht-um-80-prozent-ein-a-6455cc3d-55f2-4673-a090-5d2cc436a6b3

May 06

Weak US business: Daimler Truck profit plunges by 80 percent: The weak US market in particular weighed heavily on truck manufacturer Daimler Truck in the first ...

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Profit Plummets 80 Percent: A Major Setback for Daimler Truck: A major setback at the start of the year: Profits at commercial vehicle manufacturer Daimler Truck ...

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May 06

Commercial vehicle manufacturer: Daimler Truck's profit falls by 80 percent: Daimler Truck's revenue fell by 13 percent in the first quarter ...

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op-online.de/wirtschaft/us-geschaefte-belasten-daimler-truck-schwer-zr-94293641.html

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US business weighs heavily on Daimler Truck: A profit slump spoils Daimler Truck's start to the year. North America, in particular ...

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Daimler Truck's profit plunges by 80 percent: Despite the weak results in the first quarter of the year, the company sees continued positive momentum ...

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New plant planned in the Czech Republic: Daimler Truck relocates part of its production

Key FactsDaimler Truck Launches Czech Plant to Cut Costs

Mar 31, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: stuttgarter-nachrichten.de

Daimler Truck plans to shift part of its truck production to Cheb, Czech Republic, to benefit from lower costs and enhance competitiveness.

The upcoming site is designed to manufacture approximately 25,000 units per year and provide over 1,000 jobs.

The Wörth plant will remain the main production hub but will reduce output to free up capacity.

The 'Cost Down Europe' program aims to cut ongoing expenses by more than one billion euros by 2030 and reduce around 5,000 jobs in Germany.

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Summary created with AI assistance · Source: stuttgarter-nachrichten.de

Mercedes, Porsche, Daimler Truck, and Bosch experienced severe profit declines in 2025, ranging from 34 to 91.4 percent.

These losses have prompted cost-saving measures, job cuts, and offshore production moves, negatively affecting regional economies and workforce morale.

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Key FactsDaimler Truck Faces Profit Drop and Cost Cuts

Mar 12, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: welt.de

Daimler Truck's profit decreased by 34 percent in 2025, reaching two billion euros.

Revenue declined nine percent to 49.5 billion euros, with overall sales dropping eight percent and North American sales falling 26 percent.

The 'Cost Down Europe' program aims to reduce operating costs by more than one billion euros by 2030.

The company achieved net savings exceeding 100 million euros in 2025 and targets at least 250 million euros in 2026.

We are implementing our efficiency measures faster than planned.
— Karin Rådström, Daimler Truck CEO, according to the press release

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Summary created with AI assistance · Source: zeit.de

Mercedes-Benz aims to save billions annually by cutting indirect staff to restore profitability amid weak sales in key markets.

Porsche is set to eliminate 1,900 jobs by 2029 in Stuttgart and is negotiating further reductions securing employment until 2035.

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