Strategic Partnerships and Investments
Daimler Truck finalized a definitive agreement to integrate Mitsubishi Fuso and Hino, planning to hold a 25% equity stake. They also launched Coretura, a software joint venture with Volvo Group, and invested EUR 500 million in a new global parts center.
Strong Defense Business Performance
Daimler Truck secured a significant contract with the German Armed Forces and signed a letter of intent for local assembly in Senegal, indicating growth in their defense business.
Positive Market Share Growth
Mercedes-Benz Trucks' market share in the European heavy-duty market improved from 14.2% to 15.3%.
Daimler Buses Strong Performance
Daimler Buses delivered a double-digit return on sales and achieved significant order growth of 35%.