Picture of Traton SE logo

8TRA Traton SE News Story

0.000.00%
de flag iconLast trade - 00:00
IndustrialsAdventurousLarge CapNeutral

Daimler Truck Q1 sales 8% lower on weaker demand in North America

April 8 (Reuters) - Daimler Truck DTGGe.DE on Tuesday reported an 8% drop in first-quarter sales citing declining demand in North America and Mercedes-Benz Trucks units.

The company - one of the world's biggest truckmakers - said it sold 99,812 vehicles in the first quarter, compared with 108,911 a year earlier.

Sales of the Trucks North America and Mercedes-Benz Trucks segments fell 16% and 18%, respectively, while Trucks Asia saw an increase of 16%.

Peer Traton 8TRA.DE said on Monday it expected the North American truck market to shrink by close to 10% even before accounting for the impact from U.S. tariffs or a possible recession.

 (Reporting by Amir Orusov, Editing by Friederike Heine)

 ((Amir.orusov@thomsonreuters.com))

Recent news on Traton SE

See all news