World's Largest Commercial Vehicle Manufacturer, Daimler Truck AG sets world record

December 6, 2024

Leinfelden-Echterdingen, Germany--Daimler Truck AG (FWB: DTG), headquartered in Leinfelden-Echterdingen, Germany, develop and produce trucks and buses that are marketed under the Freightliner, Thomas Built Buses, Western Star, Mercedes-Benz, FUSO, BharatBenz, RIZON and Setra brands; it has over 35 main locations worldwide and approximately 100,000 employees, thus setting the world record for being the World's Largest Commercial Vehicle Manufacturer, according to the WORLD RECORD ACADEMY.

"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. (Wikipedia)

"Daimler Truck AG is headquartered in Leinfelden-Echterdingen, Germany. It was a part of Daimler AG from November 2019 to December 2021.

"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."

"Over 125 years ago, we founded the modern transport industry with our trucks and buses. Today we are one of the world's largest commercial vehicle manufacturers," the official website says.

"We employ more than 100,000 people at more than 40 locations in North America, Europe, Asia and Latin America and numerous sales and service locations in most countries in the world. Unchanged to this day, our aspirations are dedicated to one purpose: we work for all who keep the world moving.

"Its customers enable people to be mobile and get goods to their destinations reliably, on time, and safely. We provide the technologies, products, and services for our customers around the world to do so. This also applies to the transformation to CO2-neutral driving."

"We are one of the world's largest commercial vehicle manufacturers, with over 40 production sites around the globe and more than 100,000 employees. We offer light, medium and heavy duty trucks, city and intercity buses, coaches and bus chassis. Tailored financial services are also part of our portfolio," the official website says.

"In our global network, we develop and produce trucks and buses that are marketed under the Freightliner, Thomas Built Buses, Western Star, Mercedes-Benz, FUSO, BharatBenz, RIZON and Setra brands.

"With Daimler Truck Financial Services, we can offer our customers a complete package of vehicles and financial services tailored to their needs. We work for all who keep the world moving - this is our joint motivation at Daimler Truck."

"Daimler Trucks (Frankfurt:DTG.F) is one of the world's largest vehicle manufacturing companies with more than 40 production sites operational globally and more than 100,000 employees," the Yahoo Finance says.

"The company provides light, medium and heavy-duty trucks, city and intercity buses, coaches and bus chassis.

"Daimler (Frankfurt:DTG.F) and Volvo announced that they have signed a non-binding agreement to establish a joint venture to develop a common software-defined vehicle (SDV) platform and dedicated truck operating system. According to the Enterprise Times, Daimler Truck and the Volvo Group each will enter into a 50/50 partnership with the planned joint venture."

"Based on revenue, Daimler Truck topped the list of leading truck manufacturers in 2022. Daimler Truck generated almost 55.8 billion U.S. dollars in revenue that year, dwarfing all other brands by at least 4 billion dollars," the Statista says.

"The company sells trucks under its Freightliner, Western Star, BharatBenz, Mercedes-Benz, and Fuso brands, and split from the Mercedes-Benz Group in 2021."

"Commercial vehicles are the backbone of the global economy. They play a crucial role across almost every sector, facilitating trade and supporting global and domestic supply chains," the Livewire Markets says.

"Antipodes portfolio holding Daimler Truck AG (ETR: DTG) is the world's largest manufacturer of commercial vehicles.

"The German-listed company builds trucks, buses, and other commercial vehicles under brands including Mercedes Benz, Freightliner, Western Star, Mitsubishi Fuso, Bharat Benz, Rizon, and Setra."

"This is the world’s largest truck manufacturing company. The top-class trucks that you see under the name of Mercedes-Benz, Mitsubishi, Freight-liner and many more are all made by the Daimler Group. Their sales figures are simply incomparable," the TGDaily reports.

"Most industries are utilising the technological advancement of this era and the trucking industry is not far behind. It might have not accelerated as quickly as the IT sector but it is soon catching up. Let’s take a look at the top 10 truck manufacturing companies."

"The world's largest truck manufacturer is currently Daimler AG (Mercedes-Benz Group), a German multinational automotive corporation that produces a wide range of vehicles, including trucks, buses, and luxury cars," the carlogos.com says.

"Daimler is the parent company of several popular brands, including Mercedes-Benz trucks, Freightliner, Western Star, Fuso, and BharatBenz. Daimler's truck division, which includes the Freightliner and Western Star brands, is the largest truck manufacturer in the world, with a market share of around 16%.

"The company produces a range of trucks for various applications, including long-haul, regional, and vocational use. Its trucks are known for their quality, reliability, and advanced technology, such as the Detroit DD15 engine and the Freightliner Cascadia's aerodynamic design."

"German-based Daimler is one of the world's largest commercial vehicle manufacturers, with over 40 production sites in North America, Europe, Asia and Latin America," the TIP Used says.

"While you won’t see the Daimler logo on the front of trucks around the world, you will see the logo for one of the brands it’s marketed under – Mercedez-Benz Trucks. Daimler powers Mercedez-Benz trucks, one of the most trusted and reliable truck brands worldwide."