Category: Daimler Truck

Daimler Truck Head Sees Signs of Chip Crisis Recovery

June 3, 2022
Business & EconomyChip Crisis RecoveryDaimler TruckeconomyKarin RadstromUS
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Daimler Truck Holding AG head Karin Radstrom, in an interview with Bloomberg, acknowledged seeing chip crisis recovery signs. Her comments mirrored with Mercedes Benz Group AG production chief Joerg Burzer’s recent similar assessment. Radstrom added that the factories are busy with backlog orders after months of outages due to chip component shortfalls. The order backlog comes at a time…

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Affordability the Biggest Challenge for Electric Truck Producers

March 28, 2022
Business & EconomyCompaniesDaimler Truckelectric battery costselectric vehicleMarkets
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The cost of building an electric truck will always be more expensive when compared to a truck running on a traditional combustion engine, according to Martin Daum, CEO of Germany-based Daimler Truck. The high price of critical materials needed to build electric trucks makes the vehicle more expensive, Daum said in an interview with FT….

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Daimler Truck Sees Rising Prices in 2022, Little Impact From Ukraine

March 25, 2022
Business & EconomyCompaniesDaimler Truckeconomic policieseconomyEuropeMarketsRussia-Ukraine WarRussianUkraineWorld
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BERLIN—Daimler Truck expects high raw material prices to drive price increases this year but limited impact from events in Ukraine, the German truck and bus maker said on Thursday. Unlike competitors, including Traton’s MAN, it does not source wire harnesses from Ukraine, CEO Martin Daum said, while finance chief Jochen Goetz said Russia and Ukraine…

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