HomeCommercial VehiclesDICVDaimler Truck spins off as an independent company

Daimler Truck spins off as an independent company

December 10, the first day of trading on the Frankfurt Stock Exchange, marked the start of a new era for Daimler Truck. Following a spin-off from Daimler AG, the first day of listing symbolised Daimler Truck’s embarkment into unrestricted entrepreneurial independence, said a press release.

In preparation for the spin-off, Daimler Truck specified its financial ambitions to increase the performance and profitability of the segments. The company is consistently and continuously focusing on improving profitability in order to lead the industry on the road to CO2-neutral transport.

“Today is a historic day for Daimler Truck: For 125 years, our truck and bus business was part of the Daimler Group – now we are becoming an independent, listed company. Making this possible organizationally was a tour de force. My thanks therefore go to our entire team for their unparalleled commitment over the past weeks and months”, said Mr Martin Daum, Chairman of the Board of Management of Daimler Truck Holding AG.

- Advertisment -spot_img
- Advertisment -