Daimler Truck Holding AG (DTGHF) Research

Daimler Truck Holding AG operates globally, specializing in the production and sale of medium and heavy-duty commercial trucks and buses. Its operations span across Europe, North America, Asia, Latin America, and other international regions, structured through five primary divisions: Mercedes-Benz, Trucks North America, Trucks Asia, Daimler Buses, and Financial Services. The company's extensive product portfolio includes a wide array of light, medium, and heavy-duty trucks, alongside various bus types such as city, intercity, and touring coaches, as well as bus chassis. They also supply industrial engines and specialized vehicles, often deployed in municipal services. Looking towards sustainable transportation, Daimler Truck offers electric vehicles and also deals in pre-owned commercial vehicles. Beyond manufacturing, the firm provides comprehensive financial solutions under the Daimler Truck Financial Services brand, encompassing leasing, hire purchase, and insurance products. Additionally, it equips its vehicles with advanced connectivity solutions, including Detroit Connect, Fuso Connect, Mercedes-Benz Uptime, and Fleetboard. Robust aftersales support is also a key offering, covering maintenance, repair services, and the distribution of spare parts. Daimler Truck's vehicles are marketed under several well-known brand names, including Mercedes-Benz, Freightliner, Western Star, FUSO, BharatBenz, Setra, and Thomas Built Buses. The company, founded in 1896, maintains its headquarters in Leinfelden-Echterdingen, Germany.

Market snapshot

Symbol
DTGHF
Price
$47.26
Day change
-1.64%
Market cap
$31.7B
P/E ratio
23.03x
52-week range
38.89-52.24
Sector
Industrials
Industry
Agricultural - Machinery
Next earnings
in 2 months

Recent news

  • Daimler Truck launches new defence brand backed by multimillion-euro investment

    Daimler Truck plans to expand its defence business ​in the coming years with ‌a new branding effort and hundreds of millions of euros in ​investment, the company said on ​Monday.

  • Daimler Truck Maintains Guidance After Strong Start to Year in U.S.

    Daimler Truck backed its guidance as first-quarter order growth was fueled by a strong recovery in the U.S., which the company expects will continue to boost its performance in the quarters ahead.

  • Daimler Truck hit by US tariffs and weak North American demand

    Daimler Truck's ‌first-quarter operating profit more than halved, hit by historically weak demand and import tariffs in its North American market, the German ​company said on Wednesday.

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