Private company

Daimler Truck

Logo: Daimler Truck Holding AG, Public domain, via Wikimedia Commons3

German commercial vehicle manufacturer

Daimler Truck AG (holding company legal name Daimler Truck Holding AG) is the world's largest commercial vehicle manufacturer, with over 35 main locations worldwide and approximately 100,000 employees. Daimler Truck AG is headquartered in Leinfelden-Echterdingen, Germany.2 From Wikipedia, CC BY-SA 4.0

Last updated Oct 16, 2026.

Overview

Nov 1, 2019Founded1
  • Tickeron Frankfurt Stock Exchange1
  • Industryautomotive industry1
  • HeadquartersLeinfelden-Echterdingen1
  • Founded inStuttgart1
  • Websitewww.daimlertruck.com
  • Legal formAktiengesellschaft1
  • Listed onFrankfurt Stock Exchange (DTG)1
Stuttgart Daimler Untertuerkeim
Photo: MSeses, CC BY-SA 3.0, via Wikimedia Commons4

Daimler Truck AG (holding company legal name Daimler Truck Holding AG) is the world's largest commercial vehicle manufacturer, with over 35 main locations worldwide and approximately 100,000 employees. Daimler Truck AG is headquartered in Leinfelden-Echterdingen, Germany. It was a part of Daimler AG from November 2019 to December 2021.2

How it started

History

The Daimler Truck and Daimler Buses divisions include the eight vehicle brands BharatBenz, Freightliner, FUSO, Mercedes-Benz, RIZON, Setra, Thomas Built Buses and Western Star. Daimler Truck is the global market leader in the medium and heavy-duty truck segment with a gross vehicle weight of over 6 tons. In 2019, around 489,000 vehicles were delivered in this segment. Financial and mobility services are offered via the Daimler Truck Financial Services division.

Daimler Truck was established in 2019 as a subsidiary of Daimler AG. In February 2021, Daimler announced its planned to spin off Daimler Truck into a separate listed company. The spin-off was approved by its shareholders on 1 October 2021. Following this, Daimler Truck Holding AG was incorporated to manage assets owned by Daimler Truck AG, and Daimler AG retained 35% of shares in the new company, with 5% being transferred to its pension trust. A separate website for the Daimler Truck company was launched on December 1, and the company went public on 10 December.

On June 2 2025, Archion was established in Japan, and became operational on April 1 2026 to align with the Japanese fiscal year. Daimler Truck and Toyota, respectively the parent companies of Fuso and Hino, each own 25% of Archion.

On July 1, 2025, it became known that Daimler Truck was placed on Russia's sanctions list due to alleged deliveries to Ukraine.

From Wikipedia’s article on Daimler Truck, shared under CC BY-SA 4.0.2

Leadership

Who has led Daimler Truck, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Martin Daum2019–now
20202025

Products and brands

  • bus
  • coach
  • truck

Listed on Wikidata.1

Subsidiaries and ownership

Owners

  • State-owned Assets Supervision and Administration Commission of the People's Government of Beijing Municipality 6.5%
  • Kuwait Investment Authority 5%

Subsidiaries

  • Daimler Buses
  • Daimler India Commercial Vehicles Pvt. Ltd.
  • Daimler Truck North America

Divisions

  • Daimler Buses
  • list of Mercedes-Benz trucks

Also owns

  • Kamaz 15% since 2019
  • BharatBenz
  • Detroit Diesel
  • Mercedes-Benz buses
  • Mitsubishi Fuso Truck and Bus Corporation
  • Western Star Trucks

Former owners and parents

From Wikidata.1

Acquisitions

  1. 2019Acquired Kamaz1

Employees over time

Daimler Truck employees by year1104.4K in 2023+5% since 2019
050.0K100.0K150.0K2019: 99.0K99.0K20192020: 98.3K98.3K2020−1%2021: 99.8K99.8K2021+2%2022: 104.7K104.7K2022+5%2023: 104.4K104.4K2023−0%
  • 2023104,4161
  • 2022104,7291
  • 202199,8491
  • 202098,2801
  • 201999,0211

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

Daimler Truck revenue by year155.9B EUR in 2023+28% since 2018
020.0B EUR40.0B EUR60.0B EUR2018: 43.7B EUR43.7B EUR20182019: 46.2B EUR46.2B EUR2019+6%2020: 36.0B EUR36.0B EUR2020−22%2021: 39.8B EUR39.8B EUR2021+10%2022: 50.9B EUR50.9B EUR2022+28%2023: 55.9B EUR55.9B EUR2023+10%
  • 202355.9B EUR1
  • 202250.9B EUR1
  • 202139.8B EUR1
  • 202036.0B EUR1
  • 201946.2B EUR1
  • 201843.7B EUR1

Net income

Daimler Truck net income by year13.8B EUR in 2023+109% since 2018
-1.0B EUR01.0B EUR2.0B EUR3.0B EUR4.0B EUR2018: 1.8B EUR1.8B EUR20182019: 1.7B EUR1.7B EUR2019−4%2020: -143.0M EUR-143.0M EUR20202021: 2.3B EUR2.3B EUR20212022: 2.7B EUR2.7B EUR2022+14%2023: 3.8B EUR3.8B EUR2023+42%
  • 20233.8B EUR1
  • 20222.7B EUR1
  • 20212.3B EUR1
  • 2020-143.0M EUR1
  • 20191.7B EUR1
  • 20181.8B EUR1

Timeline

  1. Dec 10, 2021Went public Listed on Frankfurt Stock Exchange1
  2. Nov 1, 2019Founded Founded in Stuttgart1
  3. Nov 1, 2019New chief executive Martin Daum becomes CEO1

Sources

The numbers on this page point here. Each one links to the record it came from.

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