Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Daimler Truck Q1 sales drop 13% as markets normalize

by Staff GBAF Publications Ltd
0 comment

Daimler Truck Q1 sales drop 13% as markets normalize

BERLIN (Reuters) – Daimler Truck Group reported a 13% drop in first-quarter sales on Tuesday, as the markets normalize as expected when compared with the same quarter the year before.

The company said it sold 108,911 trucks and buses in the first quarter, compared with 125,172 a year earlier.

“The unit sales in Q1 2024 are reflecting the expected normalization of global truck markets, and a weak environment in key markets in Asia,” said management board chairman Martin Daum.


(Writing by Miranda Murray, Editing by Rachel More)